The Canadian Real Estate Association says home sales climbed 2.2 per in December compared with November as they recovered from a dip following the introduction of new mortgage rules
Two markets, two diverging paths
The economic assessment published with today’s overnight rate decision is providing real estate professionals with insight into the market for the rest of 2015.
The latest real estate sales numbers point to two key cities as drivers of the national housing market, offsetting continued declines in Canada’s oil-producing regions.
Ignore the doom and gloom forecasts associated with the oil price drop – this market is actually “normal”.
Realtors across British Columbia have elected a new president to head their provincial association.
Home sales in northern B.C town cool off... Peterborough real estate market sales up 26 per cent... Commercial real estate market on the rebound in Ottawa...
Home prices across the country are benefitting from the spring thaw, reversing a four-month decline in year-over-year prices, according to Teranet-National Bank.