Boosted by steady economic growth, low unemployment, and
strong affordability conditions, December sales of existing single - family homes hit a record - high seasonally adjusted annual rate of 5.03 million units, 3.1 percent higher than the revised November figure of 4.88 million units.
Not exact matches
2015.03.03 Canada's housing
affordability slips overall, masking diverging local
conditions in Q4 2014: RBC Economics
Strong home price increases in Ontario biggest factor in erosion...
Despite
stronger buyer interest in most of the country, extremely tight inventory
conditions and weakening
affordability caused both existing - home sales and pending sales to decline in January.
«Current demand levels indicate sales should be
stronger, but it's clear some would - be buyers are having to delay or postpone their home search because low supply is leading to worsening
affordability conditions.»
«With record high housing
affordability conditions thus far in 2011, we'd normally expect to see
stronger home sales,» he said.