Canadian home sales hold steady in July – Metro Vancouver Real Estate Report August 2012
According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable from June to July 2012.
Tagged: CREA
Canadian home sales edge higher in October 2011
According to statistics1 released today by The Canadian Real Estate Association (CREA), national resale housing activity picked up a little further in October 2011 following the uptick in September.
Home buying, decorating made easier
Are you hunting for a new home in the hope of finding one before Canada’s new mortgage regulations kick in?
CREA lowers home sales and price forecasts
Housing activity in the country is slowing down after a busy first half, especially in British Columbia, Alberta and Ontario where prices are expected to fall in the coming months.
BC and Ontario housing markets feel effects of HST in July
The Canadian Real Estate Association (CREA) says national home sales activity continued to trend down in July 2010. The decline was almost entirely the result of fewer sales in British Columbia and Ontario. A slowdown in demand in these two provinces had been widely expected in July, as many purchases were brought forward into the first half of the year in advance of the introduction of the HST.
BC and Ontario housing markets feel effects of HST in July (Video)
National home sales activity continued to trend down in July 2010. The decline was almost entirely the result of fewer sales in British Columbia and Ontario.
TD forecasts 10% drop in home prices
Canada’s real estate market is due for a “moderate correction†with homes that are anywhere from 10 to 15 per cent overvalued, says the TD Bank.
“The excessive pricing of Canadian housing in relation to fundamentals is now clearly correcting,†TD Bank economist Grant Bishop said in an economic note Monday. “We expect a moderate correction in prices over the coming year.â€