Three years ago, they were living in a 70 - year - old house on a large piece of land on Vancouver's west side when they took heed of
the escalating real estate prices and decided to cash out and relocate to the city's relatively less expensive east side.
However, the legislation is often also blamed for
escalating real estate prices, as some argue there isn't enough land to build homes.
Not exact matches
The data comes after the Ontario government implemented rules intended to dampen Toronto's
real estate market, where
escalating prices have concerned policy - makers at the municipal, provincial and federal levels.
If the value of the dollar (or any currency) devalues (or gets devalued) compared to another currency (and there are many reasons why a currency devaluation could occur — internal fiscal crisis, external market forces etc.), there might be pressure for
real estate prices to
escalate.
Low inventories and
escalating prices continue to define residential
real estate markets across the country.
It may be two to three more years before prospective home buyers get a break from
escalating property
prices and tight supply, according to experts speaking at a National Association of
Real Estate Editors conference Wednesday.
«Canadian
prices continue to run the gamut from highly affordable on the east coast to rapidly
escalating home values in B.C. and Alberta,» says Gary Hockey, president of Canadian operations for Coldwell Banker
Real Estate LLC.
Two REITs were recommended by more than one analyst interviewed for this column, even though their stock
prices have
escalated dramatically, as have many REITs» stock
prices in anticipation of a
real estate market revival.