The report from Genworth Canada shows prices here will go down by two per cent to an average of just over $348,000.
Tagged: August 2012
The Royal Bank of Canada raised two of its mortgage rates by one-fifth of a point each.
Average Vancouver home price down 12.4% to $667,462 over last year in July – Greater Vancouver Real Estate Report August 2012
Vancouver’s resale housing market plunged sharply in July compared with July 2011, according to the Canadian Real Estate Association.
According to a new TD Insurance poll, half of renters under 35 in Canada don’t have renterâ€™s insurance.
According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable from June to July 2012.
Average Canadian Home Prices Declined by 2% in July – Metro Vancouver Real Estate Report August 2012
The national average home price in Canada declined by 2% in July compared to July 2011, due to price falls in Vancouver, as most markets saw slight increases.
Record-setting prices, record lows for borrowing costs. It may sound like a housing-sector story but itâ€™s the valuations on apartment deals that are going through the roof.
The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through the Multiple Listing Service® (MLS®) in BC declined 12.9 per cent to $3.1 billion in July compared to the same month last year.
Seasonal dip in sales; home prices continue to hold steady in the Fraser ValleyÂ – Fraser ValleyÂ Real Estate Update August 2012
The Fraser Valley Real Estate Board processed 1,393 sales on the Multiple Listing Service® (MLS®) in July, an increase of 5 per cent compared to the 1,322 sales during the same month last year, and 5 per cent fewer than the 1,463 sales in June.
Home Sales Decline in Vancouver, but Surge in Rest of BC – Greater Vancouver Real Estate News August 2012
The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through the Multiple Listing Service® (MLS®) in BC declined 12.9 per cent to $3.1 billion in July compared to the same month last year. A total of 6,482 MLS® residential unit sales were recorded over the same period, down 0.8 per cent from July 2011.