Reviewed by Moishe Alexander, CEO Canadian Funding Corp. As Canada’s housing market showed more signs of a rebound in May, Canadian Funding Corp. noted that the national average residential price reached its highest monthly level on record. This development was released by Canada Real Estate Association on Monday. Driven by price gains in some of [...]
“Sales in March increased at a rate over and above what would be expected from the normal spring time bump,” said Jason Mercer, the Toronto Real Estate Board’s analyst. “A greater number of households have taken advantage of increased affordability in the housing marketplace.” The Toronto Star, April 6/09 “In fact, over the past two [...]
VANCOUVER, B.C. – May 4, 2009 – With more buyers and fewer homes for sale in recent months, the Greater Vancouver housing market has entered a more moderate and balanced state. For the sixth consecutive month, new listings for detached, attached and apartment properties declined in Greater Vancouver, down 33.7 per cent to 4,649 in [...]