OTTAWA- A fourteen-month stretch of rising home prices could soon be broken, despite gains in June that were the largest since last August, analysts said Wednesday.
Resale home prices rose 1.5 per cent in June, according to the Teranet-National Bank house price index, released Wednesday.
On an annual basis, prices were up 13.6 per cen ...
Realtors say: blame it on the sunshine
by Jason
Kirby on Thursday,
August 19, 2010 3:00pm
macleans.ca
Across Canada the housing market took a beating in July, but the only thing more prevalent than the "for sale" signs gathering dust everywhere were excuses for why buyers have suddenly vanished.
In Toronto, July sales fell 34 per cent. They were down by 42 per cent in Calgary. And in Vanc ...
Housing sales were down 30% in July from a year ago, and the Canadian Real Estate Association is blaming the drop on the new harmonized sales tax in Ontario and British Columbia.
The Ottawa-based group, which represents 100 real estate boards across the country, said July sales plunged 6.8% on a seasonally adjusted basis from the previou ...
OTTAWA (August 16, 2010) - 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 ...
Canadian housing starts fell in July for a third-straight month and new-home prices rose less than expected in June, further evidence that the housing boom that helped drive the country's recovery from recession is starting to stall.
The reports released on Tu ...
Vancouver, BC - August 12, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 42 per cent to 5,784 units in July compared to the same month last year. On a seasonally adjusted basis, MLS® residential unit sales in the province declined 19 per cent in July from June 2010. The average MLS® residenti ...