September 2010 - Posts

14 September 2010
Low Mortgage Rates Boost August Home Sales

Vancouver, BC - September 14, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 35 per cent to 5,590 units in August compared to the same month last Read More...

0 Comments

Filed under: BC real estate statistics, BC Real Estate Association, BCREA

 

10 September 2010
Fears of Canadian Housing Market Crash Overblown

September 3, 2010 Robert Hogue - Royal Bank of Canada Senior Economist Summary The sharp decline in housing resale activity since the beginning of the year has ignited fears that the Canadian market has started to crash. In large part, such concerns are Read More...

0 Comments

Filed under: Market Conditions, Royal Bank, real estate market, canada's housing market

 

09 September 2010
Canada Housing Boom Ending With Whimper, Not Bang

Published September 02, 2010 | Reuters - by Ka Yan Ng TORONTO - Canada's rapidly cooling housing market is robbing the nation's economic recovery of one of its main drivers, but most industry watchers still think the once booming sector will avoid Read More...

0 Comments

Filed under: Market Conditions, real estate market, canada's housing market, Royal LePage Real Estate Services