The UPs CTV News Canadian home sales increase slightly in September: CREA CTV News – Oct 15, 2013 The Canadian Real Estate Association said Tuesday that home sales were up just under one per cent from August to September, while overall activity remained on par with the 10-year average in September. Toronto real estate: GTA house sales — and condo rentals — […]
Is Real Estate Market Booming Or Busting ?
Just when we were told real estate market is burning hot, rock steady yada, yada, yada … Despite the big drop, building permit data are not conclusive The data aftershocks from the Alberta floods and Quebec construction strike just rattled through another indicator Monday morning – the August building permits report. The report, over all, […]
Canada’s housing downturn kills jobs and threatens to shake up real estate commissions ?
Housing slowdown to worsen, cost 150,000 jobs, mortgage group says Canada’s housing market is slowing dramatically in terms of both sales and construction, dragging down economic growth and putting some 150,000 jobs at risk in coming years, a mortgage industry association warns in its spring report. As new home sales slow, jobs disappear The bread […]
Predictions for Real Estate Prices: Boom or Bust?
Recently, on Alberta Primetime’s Money Panel, I was asked to comment on real estate prices and some conflicting predictions about whether real estate will boom or bust. Not a day goes by these days without someone predicting what is going to happen to housing prices. I was in a restaurant and the server was talking to […]