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Early glimpses of Canadian resale home data suggest that Canada’s housing market continues to decline. Figures from large cities show sales down by double-digits in August– from -22% YoY in Toronto to -36% in Vancouver. Average home prices are flat to slightly positive but inventories continue to inch up, suggesting it’s just a ...
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With the increase to 1 percent for the overnight rate, the Bank Rate is correspondingly 1.25 percent, and the deposit rate is .75 percent. Financial conditions in Canada have tightened modestly since April, with the changing monetary policy measures, but overall ...
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After reaching an all time high average benchmark price of $938,235 in April, August detached home prices dipped back to $879,328, still higher than August 2009 by 2%. Detached home sales in August were down 42%, while listings of homes for sale were down 20.2%.
North Vancouver townhouse sales declined by 18.2% from last August, while 2010 ...
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West Vancouver detached home prices were up 5% from last August, reaching an average benchmark price of $1,390,082. Sales this August fell 20.7% from one year ago, while year-to-date sales were up 11.6%. Listings were up 13.8% from August 2009.
Statistical source: Real Estate Board of Greater Vancouver
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Sales of Squamish detached homes fell 52.4% this August from last, though year-to-date sales were up 12.6%. Listings were up 3.7% from August 2009. The average benchmark price of $492,903 declined 13.8% from one year ago.
Statistical source: Real Estate Board of Greater Vancouver
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While Greater Vancouver home sales declined 36% this August compared to last, year-to-date sales were down 5.1%. August listings were down 17.4%.
Detached home sales in August dipped 34.8% compared to one year ago, while year-to-date were down 4.7%. Listings this month also fell short of last August by 19.4%. The August 2010 benchmark price ...
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Lower Lonsdale, North Vancouver - Announcing a hot price on 1102-114 West Keith Road, a 952 sq. ft., 2 bath, 2 bdrm other. Now MLS® $469,000 - Priced to Sell.
Property information
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After reaching an all time high average benchmark price of $938,235 in April, June detached home prices dipped back to $888,127, still 9.4% higher than June 2009. Detached home sales in June were down 26.8%, while listings of homes for sale were up slightly from last June.
North Vancouver townhouse sales declined by 50.7% from last June, though ...
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West Vancouver detached home prices increased 12.5% from June 2009, reaching an average benchmark price of $1,405,363. Sales this June fell 32.7% from one year ago, while year-to-date sales were up 28%. Listings were up 18.2% from June 2009.
Statistical source: Real Estate Board of Greater Vancouver
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The only 'news' that matters: the metropolitan population increases 50,000 annually, and I am a longterm investor, Real Estate has always paid me better then equities.... this article supports that theory click and read...
Read more: ...
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