July 16, 2009admin
Here is an article written by Garry Marr of the Financial Post. It talks about the real estate market in Canada and that we are starting to see signs that the market may have truned the corner.
We are seeing similar signs in the Vancouver real estate market and many are now saying that the price [...]
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June 18, 2009admin
National resale housing market activity returned to pre-recession levels in May 2009. The rebound in activity is being led by an increase in transactions in some of the most expensive markets in the country, which is skewing the national average price upward.
According to statistics released by The Canadian Real Estate Association (CREA), actual (not seasonally [...]
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June 17, 2009admin
CANADIAN REAL ESTATE MARKET RELATIVELY RESILIENT DURING FIRST QUARTER
Only modest house price declines despite predictions of double digit depreciation
Consistent with current economic trends, Canadian residential real estate prices declined during the first quarter, according to a quarterly House Price Survey released today by Royal LePage Real Estate Services Ltd. As the market correction unfolds, [...]
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