Real estate market news Jan 27th 2017
Home sales not likely to boost Canadian economy like they did in 2016 - constructconnect.com
TORONTO — Home sales are not going to be as big of a boost to the Canadian economy this year as they were in 2016, the Canadian Real Estate Association (CREA) said Jan. 16 as it released its latest batch of figures.
[:en]Read the full article[:fr]Lire l'article[:]Increase In Sales Of High-End Homes In Montreal | HiBusiness
In the month of December, homes valued at $500,000 or more than that inclined by 32 per cent in the Montreal area, with a sharp increase the previous month before. The sales of Homes on the low-end side experienced a decline. The President of the Greater Montreal Real Estate Board, Daniel Dagenais said; “There was a 10 per cent decrease in sales in the price range of $200,000 to $300,000, which is perhaps a first sign of the effects of the most recent mortgage tightening measures.” In total, the sales for that month was increased by 3 per cent over
[:en]Read the full article[:fr]Lire l'article[:]
Toronto Real Estate Saw Condo Inventory Decline By 56% In December - Better Dwelling
The latest report from the Toronto Real Estate Board saw lower prices in December, but more sales and less inventory.
[:en]Read the full article[:fr]Lire l'article[:]
