The overall volume
of home sales activity should remain high while the majority of home equity gains enjoyed in recent years should also be retained.
Changing demographics brought forth by immigration and growing interest from foreigners are positioned to
bolster home sales activity and prices.
Changing demographics brought forth by immigration and growing interest from foreigners are positioned to
bolster home sales activity and prices.
That's only 2.4 % of all detached
home sales activity for the year but the $ 2 - million plus range has climbed 37 % over the past year in the GTA.
According to statistics released today by The Canadian Real Estate Association (CREA),
national home sales activity edged up on a month - over-month basis in January 2013.
While the average sale price in British Columbia is expected to decline by 7.8 % in 2017, this largely reflects an anticipated decline in single family
home sales activity at the higher end of the market — particularly in the Lower Mainland.
The Northeast saw the most
pending home sales activity in November, with the PHSI up 0.6 percent to 97.5 — now 5.7 percent above one year ago.
OTTAWA — August 16, 2011 — The Canadian Real Estate Association (CREA) has revised its forecast for
home sales activity via the Multiple Listing Service ® (MLS ®) Systems of Canadian real estate Boards and Associations for 2011 and 2012.
Resale home sales activity in Canada's major markets continued to soar in May, with sales activity breaking all previous records, and average price surpassing $ 300,000 for...
Update on
November home sales activity in the Bend, Oregon real estate market The number of homes for sale in Bend is still reflecting gains made in the spring despite the seasonal decline.
National
home sales activity declined 8.2 % in June from the previous month, according to statistics released earlier this morning by the Canadian Real Estate Association.
While the decline started before the 15 % tax for foreign buyers was quickly introduced by the B.C. government in early August 2016, the tax
prompted homes sales activity to plunge 26 % by September, according to the Real Estate Board of Greater Vancouver.
A new property transfer tax on foreign buyers in Greater Vancouver may have
slowed home sales activity, but prices continued to skyrocket 30.6 per cent in the third quarter in one «final hurrah,» a new survey released Thursday said.
Changing demographics brought forth by immigration and interest from foreigners are positioned to bolster
U.S. home sales activity and prices.
Pending home sales are forward - looking indicators of
future home sales activity, providing information on the future direction of the market.
«Early reports
indicate home sales activity in Houston has recovered quickly and the reduced inventory is expected to support prices in the short - run,» said Director Samuel So.
New York City's residential real estate market rounded out a year of
healthy home sales activity with a record $ 50 billion in transactions completed in 2017.
He continues by saying that, «The forecasted drop in B.C. home prices largely reflects an anticipated decline in single family
home sales activity at the higher end of the market — particularly in the Lower Mainland,» says Klump.
Ottawa, ON, December 15, 2016 — The Canadian Real Estate Association (CREA) has updated its forecast for
home sales activity via the Multiple Listing Service ® (MLS ®) Systems of Canadian real estate Boards and Associations in 2016 and 2017.
«This largely reflects an anticipated decline in single
family home sales activity at the higher end of the market — particularly in the Lower Mainland,» explains CREA's Chief Economist, Gregory Klump.
Resale home sales activity in Canada's major markets continued to soar in May, with sales activity breaking all previous records, and average price surpassing $ 300,000 for the first time ever, CREA says.
«The observed buyer resiliency in the face of higher rates reflects the healthy economy and strong consumer confidence, which are important drivers
of home sales activity.»
Changing demographics due to immigration and growing interest from foreigners are set to
bolster home sales activity and prices, the 2017 REALTORS Legislative Meetings & Trade Expo heard.
The Canadian Real Estate Association (CREA) has updated its forecast for
home sales activity in 2018 and extended the outlook to 2019.
In turn,
home sales activity was pulled forward to the end of 2017 as homebuyers tried to lock in a mortgage before the new rules took effect.
Markets in the South and Midwest (which the company refers to as the «Bargain Belt») could experience an uptick in
home sales activity.
In the North Bay,
homes sales activities were expected to drop in fire - ravaged areas, due to a supply shortage and potential buyers being discouraged.
«National
home sales activity is easing due to fewer and more cautious first - time home buyers,» says CREA economist Gregory Klump.
«With interest rates on the rise, housing affordability and
home sales activity are expected to continue to erode over the second half of 2010,» he says.
U.S. real estate markets are increasingly becoming international, and changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster
home sales activity and prices.
A key development in existing -
home sales activity in June could predicate relief for homebuyers, especially first - time buyers, according to Yun.
Contributing to current pending
home sales activity, Yun notes, is the persistence of overly - lacking supply — expected this time of year — combined with fast - moving inventory and stagnant wages.
Had such a situation been the case on the residential side,
home sales activity could have similarly crashed.
Smoke estimates that half of
all home sales activity for the first half of the year can be attributed to first - time buyers and according to the NAR 2015 Home Buyer and Seller Generational Trends report, Millennials comprise 68 % of all first - time buyers.
Markets in the South and Midwest (which the company refers to as the «Bargain Belt») could experience an uptick in
home sales activity.
This details local market statistics for
the home sale activity in all of Coral Springs Florida.