A Canadian Real Estate review by Canadian Real Estate Association. Here are the notable stats and join the conversation
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National resale housing market further stabilizes
National resale housing activity edged higher for a second consecutive month in September 2010, according to statistics released by The Canadian Real Estate Association (CREA). Combined with a falling supply of homes on the market, the number of months of inventory also declined for the second consecutive month. Seasonally adjusted national home sales activity via the Multiple Listing Service® (MLS®) …
Read More »Existing home sales edge up in August
Seasonally adjusted national home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards in August rose 4.1 per cent from the previous month. This marks the first monthly increase since March 2010. Activity was up most in Ontario and British Columbia, with monthly gains in these two provinces accounting for most of the improvement in …
Read More »BC and Ontario housing markets feel effects of HST in July
Please feel free to post any comments… Source: Canadian Real Estate Association
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