Calgary Condos See Lower Prices, But Improved Sales In January
Calgary real estate is off to a better start in 2017. Prices still declined in January, but sales and inventory are showing better balance.
Calgary real estate is off to a better start in 2017. Prices still declined in January, but sales and inventory are showing better balance.
In 2016, Metro Vancouver started 1 home for roughly every person that moved to the area that year. Here’s why that might be too much.
Despite Canadian real estate prices skyrocketing, first-time buyers are making larger down payments than ever.
After two months of declines, benchmark prices in the Vancouver condo market got a bump higher in January 2017.
Toronto condos pushed higher in January 2017. The month saw fewer listings, higher prices, and more sales than the same time last year.
Calgary real estate got a positive indicator finally, with sales of detached homes increasing 25% in January 2017.
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Vancouver real estate can’t catch a break. Detached homes saw sales cut in half last month, and prices declined for the sixth month in a row.
Canada dropped some killer job numbers at first glance, but a second look shows the quality of jobs is rapidly deteriorating.