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Realty

Canada Fall Housing Market Is A Flip And A Flop

October 16, 2013 5:35 pm
Market

The Flip

CanadianĀ home sales increase slightly in September: CREA

TheĀ Canadian Real EstateĀ 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.
Read More @Ā CTV
And,

The Flop

HotĀ housingĀ market expected to cool through winter

IfĀ Toronto, Vancouver and Calgary were removed from theĀ house-priceĀ equation, the averageĀ house priceĀ would have climbed just 4.3 per cent in September, year over year, notes CREA.
Read More @ The StarĀ 

Mean while in Uncle Sam’s turf …

Siesta condo sells for 17 percent off boomtime price

SK Noose LLC, a Glenville, Ill. company managed by Marc Perlove, sold a 1,361-square-foot condo at 5760 Midnight Pass Road in Siesta Key to Ginga Siesta LLC for $620,000.

Perlove paid $750,000 in November 2004.

Ginga Siesta is a Sarasota company managed by Rita B. Steele.

http://insiderealestate.heraldtribune.com/

And Canadian Snowbirds think Florida is a gold mine and the rest still think they got a steal buying up ghetto towns like Detroit ?

Who knows, they could be right after all … Patience does pay off, so they say.

 

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