VANCOUVER – Vancouver home sales fell 32.5 per cent in September compared with a year ago, says the Real Estate Board of Greater Vancouver. Sales of residential properties totalled 1,516 for the month, down from 1,649 in August and 2,246 in September 2011, according to the board. “There’s been a clear reduction in buyer demand […]
Yearly Archives: 2012Last spring, Keith Roy noticed his phone wasn’t ringing so often. The Vancouver real estate agent typically booked at least 10 showings a week for the properties he sells in the city. But requests gradually slowed to a trickle. Something was up. His suspicions were confirmed as he watched the market data roll in. On […] First-time buyer activity drops as market adjusts to new mortgage regulations TORONTO, October 3, 2012 – The Royal LePage House Price Survey released today showed the average price of a home in Canada increased year-over-year between 1.8 and 4.8 per cent in the third quarter of 2012. Survey findings indicated that the average standard two-storey […] TORONTO, October 3, 2012 — Greater Toronto Area (GTA) REALTORS® reported 5,879 transactions through the TorontoMLS system in September 2012. The average selling price for these transactions was $503,662, representing an increase of more than 8.5 per cent compared to last year. The number of transactions was down by 21 per cent in comparison to […] What are your thoughts on this? Would you prefer to keep the existing theatre or a new condo development? Let me hear your thoughts. A prominent Toronto theatre could be torn down to make way for a major condominium project, which would also be home to an art gallery, retail spaces and a new campus […] |
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