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, [...]

This is my monthly look at the real estate market. Below is the official report from the Real Estate Board of Greater Vancouver.
BUYER ACTIVITY BRINGS GREATER STABILITY TO THE HOUSING MARKET
Added to blog by Moishe Alexander, CFC CEO
VANCOUVER, B.C. . May 4, 2009 .
With more buyers and fewer homes for sale in recent months, the [...]

TORONTO, June 15 (Reuters) – Resale prices for Canadian homes rose to their highest average on record in May, while sales activity climbed for a fourth straight month as consumer confidence strengthened, according to an industry report released on Monday.
But rebounding sales in some of the most expensive markets skewed the national average price, [...]