Canadian Real Estate Association Resale Housing Forecast 2013 – 2014
Canadian Real Estate Association has updated its forecast for home sales activity for 2013
Canadian Real Estate Association has updated its forecast for home sales activity for 2013
Canadian Real Estate Association cut its sales forecast for this year
Vancouver’s resale housing market plunged sharply in July compared with July 2011, according to the Canadian Real Estate Association.
According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable from June to July 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.
When someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered.
A soft landing for the Canadian housing market appears to be the most likely scenario, as the latest numbers from the country’s largest real estate association show a continued deceleration of home prices.
On February 21st, the BC government announced the 2012/13 Provincial Budget.
Home resales are expected to rise by 0.3 per cent this year in Canada, with low interest rates continuing to support the market
Existing homes sales in the Vancouver area fell last month and the average price dropped slightly