December home sales leap 72% to record high
Filed Under Main Content · Tagged: Blip, British Columbia, Canadian Real Estate, Continuation, Current, Dale Ripplinger, Decade, Harmonized Sales Tax, Homebuyers, Lamb, Lion, Low Interest Rates, President Dale, Real Estate Association, Record Sales, Sales Tax
Financial Post- Sales of existing homes reached a record high for the month of December, according the Canadian Real Estate Association, with annual sales coming in above 2008 levels.
“Sales activity in 2009 came in like a lamb and went out like a lion,” CREA president Dale Ripplinger said in a release Friday.
“The continuation of unusually low interest rates may keep national sales activity near current levels over the coming months, as will a blip in housing demand in Ontario and British Columbia from homebuyers motivated to beat the introduction of the HST (harmonized sales tax).”
There were 27,744 units sold in December, up 72% from a year earlier “when activity dropped to the lowest level in a decade,” CREA said…
December home sales leap 72% to record high
Mortgage fraud down, but not out – The Globe and Mail
Filed Under Main Content · Tagged: Criminals, Decade, Globe And Mail, Globe Mail, Mortgage Fraud, Scams Fraud
Globe and Mail- While the practice is not as rampant as earlier in the decade, imaginative criminals keep dreaming up new scams…
