Three major new condo developments will launch over the next two weeks — including the tallest buildings to hit Toronto’s waterfront — as developers brace for the ultimate test of the state of the condo market. The projects will be far more than just glass-and-steel towers. They will be giant thermometers providing a quick reading […]
Author Archives:Ottawa, ON, October 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring. Highlights: Home sales up 2.5% from August to September. Actual (not seasonally adjusted) activity down 15.1% from September 2011. Number […] 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 […] Last 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 […] |
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