OTTAWA – Home sales in Canada plummeted 40 per cent last month compared with a year ago, with new listings and prices also dropping in what one economist called “hints of a bottoming process.” The plunge in sales came as prices declined 18.9 per cent compared with the all-time record…
Tag: real estate business news
Why some Canadians are buying houses without the help of a Realtor
David McDonald says buying his first home in the latter half of 2021 was stressful — though maybe not for the usual reasons. Even though he was working with a Realtor he trusted, he didn’t like that he couldn’t speak directly to the people selling their homes around North Bay,…
Bids on the open market outpace private offer for Calgary fourplex
2413 and 2415 9 St., NW., Calgary Asking price: $939,900 (November, 2022) selling price: $939,900 (December, 2022) Taxes: $5,502 (2022) Days on the market: three listing agents: Bryon Howard, eXp Realty The action Up to four cars can park on site.eXp Realty The owner of this fourplex on a 125-…
New home prices fell in most major cities last month, StatCan says. Here’s where – National
New home prices in Canada dropped by 0.2 per cent month over month in January, according to Statistics Canada data released Wednesday. In its latest New Housing Index report, StatCan said higher mortgage rates continued to put downward pressure on new house prices. “Borrowing costs rose again in January, as…