Home values are finally starting to cool as a year of explosive growth marches to its end. According to Zillow’s third quarter real estate market report, home prices are up 6.4 percent year-over-year and up 1.2 percent from the end of the second quarter. While home prices are still escalating — and still need to return […]
Housing Market Had Major Correction, Nobody Noticed: Royal LePage What if Canada had a housing market correction and no one noticed? That’s what real estate expert Phil Soper says has played out over the past year: the sharpest decline in home sales since the Great Recession.
Canadian real estate to slip as supply grows, demand wanes: Scotiabank Rising interest rates and slowing job growth will temper Canadian home sales this year and into 2014, while a new supply of condos coming onto the market over the next two years will depress prices in that segment, Scotiabank (TSX:T.BNS, Stock Forum) says. “Canadian housing […]