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
GDP falls; real estate industry partly to blame... Oil slump makes Canadian REITs a bargain... Oil towns struggling as sales continue to drop...
Canada’s real gross domestic product (GDP) fell 0.1 per cent in January due in part to sagging construction and diminishing output from real estate professionals.
Mulroney: Canada must get creative with foreign ownership in Vancouver... Calgary industrial market to see rise in vacancies... Canadian real-estate players making waves in third-world...
The upcoming spring market will arrive hand-in-hand with increased scrutiny of agent paychecks.
The governor of the Bank of Canada has gone into damage control mode, defending the rate cut that shocked the markets but spurred agent business.
A recent poll on the REP site has a majority of agents agreeing that open houses are not for selling, but their value goes far beyond closing the deal.