Three Canadian cities are outperforming US "twin cities" this spring - and three other Canadian cities have similar house price trends to their "twins,” according to our house price survey released today. Doing BETTER in Canada are the Following Housing Markets: • Business centre Toronto is outperforming business center Chicago (both, right)
• Midwest hub Winnipeg better off than ...
Posted by Don Lawby
on May 6, 2009
Flipping open The Financial Post yesterday morning, I was struck by the powerful message of an article titled "Housing Sales Show Two-Month Rebound". I was really happy about reading POSITIVE news on the housing front, and in one of our national newspapers, no less!
Unfortunately, I don't always feel that the media focus as much on the positive numbers and trends as they do on negative ones, ...
Posted by Don Lawby
on April 20, 2009
The one question we seem to be hearing over and over again is, "How's the Market?"
It's a great question, given that market conditions play an important role in property prices, competition and average selling times.
The market can typically fluctuate within three types of market conditions:
1. A Seller's Market,
2. A Buyer's Market, and
3. A Normal or Balanced Market
One Way to ...
Posted by Eugene Pilato
on November 12, 2008
According to BCREA’s fall Housing Forecast, BC MLS® residential sales are forecast to decline 28 per cent from 102,805 units in 2007 to 73,700 units this year. A modest 4 per cent increase to 76,500 units is forecast for 2009.
“The erosion of consumer confidence that began with rising fuel prices earlier in the year is continuing, as the global financial crisis and volatile equity ...
Posted by Scott Davidson
on October 30, 2008