In the VIREB area last month, sales of single-family homes totaled 236, marking a decrease of 2% from the previous November and a 3% drop from October. Condo apartment sales in November reached 56, reflecting a 4% increase from the same month last year but a 7% decline from October. Sales in the row/townhouse sector saw 50 units sold, up 9% compared to the same month last year, yet showing a 14%...
In the previous month, the VIREB area saw a total of 244 single-family home sales, which remained consistent with the sales figure from the same period last year. For condo apartments, there were 60 sales in October, marking a substantial 43 percent increase in year-over-year comparisons. In the row/townhouse category, 58 units were sold last month, reflecting a 14 percent increase from one year ago...
Home prices in key markets softened recently, after a strong second quarter, but year-over-year prices are still up. Despite slow activity, Canada's housing market remains stable, in stark contrast to the steep declines of 2022. Check out the Royal LePage report highlights, and for the full update, click through to their blog post. Aggregate home prices in greater regions of Toronto and Vancouver posted...
Last month, there were 266 sales of single-family homes in the VIREB area, an eleven per cent increase from one year ago (239) and down by 18 per cent from August 2023 (324).Sales of condo apartments in September came in at 85, increasing by 63 per cent year over year. In the row/townhouse category, 71 units changed hands last month, up 48 per cent from one year ago and down 8 per cent from August.Active...
Last month, there were 324 sales of single-family homes in the VIREB area, a seven per cent increase from one year ago (304) and down by 21 per cent from July 2023 (414).Sales of condo apartments in August came in at 85, increasing by 29 per cent year over year but down 13 per cent from the previous month. In the row/townhouse category, 77 units changed hands last month, up 51 per cent from one year ago...
Last month, there were 414 sales of single-family homes in the VIREB area, a 41 per cent increase from one year ago (294) and down by two per cent from June 2023 (424).Sales of condo apartments in July came in at 98, increasing by 31 per cent year over year but down 12 per cent from the previous month. In the row/townhouse category, 86 units changed hands in July, up 69 per cent from one year ago and down...
Home prices expected to hold steady through remainder of 2023, despite anticipated drop in activity following second consecutive increase to BoC’s overnight lending rate. Here are some of the highlights from the Royal LePage report, and click through to read the whole update on their blog post. National aggregate home price remained almost flat year-over-year in Q2 2023 (-0.7% over Q2 2022) and...
Last month, there were 424 sales of single-family homes in the VIREB area, a five per cent increase from one year ago (403) and up by 13 per cent from May 2023 (488).Sales of condo apartments in June came in at 111, increasing by 39 per cent year over year and 29 per cent from the previous month. In the row/townhouse category, 101 units changed hands in June, up 49 per cent from one year ago and seven per...
Last month, there were 488 sales of single-family homes in the VIREB area, an eight percent increase from one year ago (450) and up by 25 percent from April 2023 (391).Sales of condo apartments in May came in at 86, declining by seven percent year over year and increasing by 12 percent from the previous month. In the row/townhouse category, 94 units changed hands in May, down nine percent from one year ago...
The spring market is off to a healthy start. Buyer activity picked up earlier than was anticipated in the first quarter of 2023, pushing home prices up over the final quarter of last year. As a result, home prices in Canada are expected to continue climbing, albeit at a much slower rate than the last two years.Royal LePage is forecasting that the aggregate price of a home in Canada will increase 4.5% in...
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