This study found that 66 per
cent of all home sales between August 2014 and February 2015 went to individuals with non-Anglicized Chinese names.
Statistics show that 90 per
cent of all home sales now include a home inspection.
Without an agent, the property couldn't appear on the Multiple Listing Service - an Internet service run by the Canadian Real Estate Association that is responsible for about 90 per
cent of all home sales in Canada.
But Government and Consumer Services Minister Marie - France Lalonde used dated figures when she said 65 per
cent of home sales include an inspection.
International buyers remain a relatively small contingent at three per
cent of home sales,» he says.
Other low - price agencies have complained about new rules that could bar some of their listings from the MLS, a members - only computerized database responsible for about 90 per
cent of all home sales in Canada.
Realtysellers offered services such as allowing consumers to post listings for a few hundred dollars on the MLS website, where more than 90 per
cent of all home sales are made.
Not exact matches
The number
of Canadian
homes sold in March plunged 23 per
cent and the national average price was down 10 per
cent from the same month last year amid double - digit plunges in most housing markets across the country, according to the latest monthly
sales data released Friday.
Home sales across the country have dropped in the wake of several government policy measures, including a stress test for home buyers with a down payment of more than 20 per cent, that were implemented to cool the country's hot housing mar
Home sales across the country have dropped in the wake
of several government policy measures, including a stress test for
home buyers with a down payment of more than 20 per cent, that were implemented to cool the country's hot housing mar
home buyers with a down payment
of more than 20 per
cent, that were implemented to cool the country's hot housing market.
The Commerce Department said Monday that new -
home sales fell 2.4 per
cent last month to a seasonally adjusted annual rate
of 412,000.
Since implementing that 15 per
cent charge last summer, the raw number
of home sales have fallen about 40 per
cent, primarily in the upper end
of the market, and the steep price gains have levelled off.
Re / Max, relying on their own
sales experience, estimates foreign buying accounts for 70 per
cent of the luxury market
of $ 3 million - plus
homes, located mainly in Vancouver and West Vancouver.
At
home, the company's annual same - store
sales growth in Canada — a measure
of the performance
of restaurants open for more than a year — have slipped from a high
of six per
cent in the mid-2000s to little more than one per
cent last year.
The big housing market story in Manitoba was a surge
of homes being offered for
sale with new listings growing to levels almost 14 per
cent above where they were a year ago.
Vancouver
home sales jumped 35 per
cent from a year ago and the average price
of a detached
home has climbed to $ C1.6 million.
Of those sales, 83 per cent of them were multi-family homes with the rest low - ris
Of those
sales, 83 per
cent of them were multi-family homes with the rest low - ris
of them were multi-family
homes with the rest low - rise.
May 3 - Rising costs start to squeeze American businesse CNN Money May 3 -
Home Prices Jump Again And «$ 3 Gas Is Coming» Dollar Collapse May 3 - Gold price claws its way higher on Fed meeting and geopolitics Gold - Eagle May 2 - Q&A on SS Central America Gold Coins CoinWeek May 2 - Goldman says case for owning commodities has «rarely been stronger» than it is now CNBC May 2 - Gold, Silver See Corrective Bounces Ahead
Of FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
Of FOMC Statement Kitco May 1 - Gold Eagle
Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise
of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 -
cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin
of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era
of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectible?
The realtor says
sales of homes worth more than $ 4 million grew the most — in Vancouver by 67 per
cent, and in Toronto by 71 per
cent.
The report from Sotheby's International Realty Canada says
sales of homes worth $ 1 million or more in the Greater Toronto Area rose 48 per
cent in 2015 from the previous year.
Canada's housing market may be gradually cooling, but Toronto
home sales are expected to remain so «brisk» over the coming months, prices could jump seven or eight per
cent by the end
of this year, says a new report from real estate giant ReMax.
Sales of homes worth more than $ 3 million fell 58 per
cent between Jan. 1 and Feb. 28 with just 76 properties changing hands, compared to 180 transactions during the same period a year ago, according to a report by Re / MAX Integra.
Toronto
home sales fell 35 per
cent in February from a year earlier, marking the weakest month
of sales in nine years, though benchmark prices were up 3.2 per
cent on the year, according to data released Tuesday by the Toronto Real Estate Board.
In a sixth year
of consecutive growth, organic
sales rose by six per
cent to a record # 2.2 bn, driven largely by independent outlets and
home deliveries
Sales figures released by the B.C. Real Estate Association for March show 7,409
homes changed hands last month, a decline
of 24.6 per
cent over March 2017, while average property prices climbed 5.3 per
cent over the same period.
Residential
sales also fell 9.4 per
cent during the first three months
of this year, while the association reports the average price
of a
home increased 8.5 per
cent to just over $ 732,000 during the same period.
Sales figures released by the association for March show 7,409
homes changed hands last month, a decline
of 24.6 per
cent over March 2017, while average property prices climbed 5.3 per
cent over the same period.
B.C.
home sales in March tallied $ 5.39 billion, a 20.6 per
cent tumble compared with March 2017, while the association says
sales dollar volumes since January slipped 1.7 per
cent to $ 13.9 billion, compared with the first quarter
of last year.
Meanwhile, high - end
homes in the $ 2 - million - plus range accounted for only 5.5 per
cent of detached house
sales this year compared to 10 per
cent in April 2017.
The star performer was hardware, where earnings soared 117 per
cent to $ 27.1 million as Metcash booked a full six months
of sales and synergy benefits from
Home Timber & Hardware, which was bought from Woolworths on October 2, 2016 for $ 180 million.
A much bigger focus on the eastern seaboard is planned for Paris Creek, with 75 per
cent of the
sales currently generated from its
home base
of South Australia.
The measures will erode
home sales by 10 per
cent and property prices by five per
cent, Royal Bank
of Canada analyst Geoffrey Kwan said, without specifying a timeframe.
Home sales are already down 7 per
cent from the highs
of 2016, with 43,488 transactions across Canada in August compared to 46,688 in April.
The report from Sotheby's International Realty Canada says
sales of homes worth $ 1 million or more in the Greater Toronto Area rose 48 per
cent in 2015 from the previous year.
The realtor says
sales of homes worth more than $ 4 million grew the most — in Vancouver by 67 per
cent, and in Toronto by 71 per
cent.
The Sotheby's report says
sales of homes over $ 1 million fell 41 per
cent in Alberta's largest city in 2015 compared with the previous year.
VANCOUVER — The Real Estate Board
of Greater Vancouver says
home sales fell 26 per
cent last month compared to the same month last year.
VANCOUVER — The Real Estate Board
of Greater Vancouver says
home sales in Metro Vancouver in September plunged by 32.6 per
cent compared to the same month last year.
The Real Estate Board
of Greater Vancouver reported earlier this week that September
home sales fell 32.6 per
cent compared with the same month last year.
Already the Toronto market has seen a 63 per
cent, year - over-year increase in
sales of $ 1 - million - plus
homes — up to 1,646 units,
of which 1,486 were single - family
homes.
By comparison, the
sale of homes priced $ 1 million or more rose 23 per
cent to just 80 units in Montreal in the first two months
of the year.
In early September, the Real Estate Board
of Greater Vancouver said
home sales fell 26 per
cent in August compared with the same month last year.
While prices have surged, the number
of luxury detached
homes sold fell nearly 70 per
cent year - over-year in the first four months
of 2018, while luxury condo
sales dropped about 28.1 per
cent compared to the first four months
of 2017.
Since implementing that 15 per
cent charge last summer, the raw number
of home sales have fallen about 40 per
cent, primarily in the upper end
of the market, and the steep price gains have levelled off.
Meantime, last month, a 10 - percent dip in Lower Mainland
home sales offset a 14 - per -
cent increase across the rest
of the province, reports B.C. Real Estate Association chief economist Cameron Muir.
Vancouver and Toronto continue to lead the way with
sales of homes worth $ 1 million or more increasing 34 per
cent compared with the first six months
of 2013.
The Toronto Real Estate Board says
sales of all major types
of residential property were down but the biggest decline was a 40.4 per
cent drop in
sales of detached
homes.
TORONTO, March 13, 2014 / CNW / - In honour
of Earth Month, and with continued commitment to sustainability at
home and abroad, from April 1st - April 26th Santa Margherita will donate 50
cents from each
sale of their celebrated Pinot Grigio in Ontario and British Columbia to support the efforts
of Tree Canada in building sustainable forests in local communities across Canada.
In addition,
sales of condominiums and
homes over $ 1 million in Montreal increased 60 per
cent year over year in July and August, all
of which puts Engel & Völkers in good stead.
Who has given the greater benefit: someone whose average
sale is at the average prices
of similar
homes recently sold, or someone whose average
sale is two per
cent, three per
cent or four per
cent above average?
A recent TREB news release points to a 2012 Angus Reid poll which, it says, finds that 75 per
cent of Ontarians want the final
sale price
of their
home to remain confidential, and that the same percentage
of consumers believe that their personal information should be kept confidential by Realtors.