Real-estate market cool in February
by
The Canadian Press - Story:
88836
Mar 15, 2013 / 7:11 am
Mar 15, 2013 / 7:11 am
There's more evidence that Canada's real estate market is continuing to cool.
The Canadian Real Estate Association says resales of houses and condos through its members fell 2.1 per cent month-to-month in February.
That reversed a small gain in January.
On a year-over-year basis, last month's activity was down 15.8 per cent, a decline that was exaggerated slightly by an extra day in February 2012
The association says the national average price for homes sold in February through its members was $368,895.
That is a one per cent decline from the same month last year, although CREA says there would have been a small increase without Vancouver's numbers.

Read more The Accidental Journey articles

The views expressed are strictly those of the author and not necessarily those of Castanet.
Castanet presents its columns "as is" and does not warrant the contents.
- Springing into action Apr 26
- Make real money in real estate Apr 19
- CEO outsourcing Apr 12
- Overtime pressure Apr 5
- New direction Mar 29
- Real-estate market cool in February Mar 15
- One day we will know the truth! Mar 15
- Sluggish start Mar 8
- Media gang violence and real estate! Mar 1
- Honest new development sales Feb 22
- Our own worst enemies Feb 15
- Spring maintenance checklist Jan 25
(Click for RSS instructions.)
© 2010 Castanet.net











