Home prices in Calgary fell further as economic conditions, such as unemployment, put pressure on the city’s housing market. Calgary’s benchmark price fell 0.49 per
According to the latest residential real estate statistics from the Greater Montreal Real Estate Board (GMREB), condo sales in the Montreal Census Metropolitan Area (CMA) increased by three per cent, year-over-year, in February. Total residential sales, which includes single-family homes, plexes, and condominiums, reached 3,281 units in February, a figure representing no change from the year prior.
A new report from Fortress Real Developments (Fortress) revealed that two-thirds of market experts agree that a major housing correction is not in the cards for Canadians over the next five years. In fact, the report, which sourced data from a variety of professional resources, said that analysts could not agree when it came to defining a “housing bubble.”