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...
Last month, there were 381 sales of single-family homes in the VIREB area, a 26 per cent decrease from one year ago (515) and a 73 per cent increase from February 2023 (220). Sales of condo apartments in March 2023 came in at 66, declining by 46 per cent year over year and increasing by three per cent from the previous month. In the row/townhouse category, 77 units changed hands in March, down 26 per cent...
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