Rosy outlook for Victoria real estate
Filed Under Main Content · Tagged: Camosun, Eight Months, Housing Market, Market Trends, Months Of The Year, Quarters, Quot Quot, Rosy Outlook, S Market, Trends Report, Victoria Market, Victoria Real Estate, Wayne Schrader
Times Colonist- Despite a recent cooling off in buying activity, Victoria’s housing market remains strong, according to a report by Re/Max.
The Fall Market Trends Report said Victoria’s market had returned to more normal levels of activity in recent months after "an exceptionally strong start to the year."
"This report demonstrates we have had a good, strong year regardless of what we’re seeing right now," said Wayne Schrader of Re/Max Camosun. "We are now moving toward a more balanced market."
The report, which covers the first eight months of the year, showed sales in Victoria at 4,856 units, down from the 5,521 reported between January and August of 2009. The average selling price, driven by activity in the first two quarters, is eight per cent ahead of last year at $495,993, an increase of nearly $40,000…
Rosy outlook for Victoria real estate
Canada’s inflation rate rises to 1%
Filed Under Main Content · Tagged: Consumer Price Index, Eight Months, Inflation Rate, Ottawa Canada, Ottawa Citizen, Rose, Rsquo, Statistics Canada
Ottawa Citizen- Statistics Canada said Thursday its consumer price index rose to 1% during the month, more than expected and the fastest rate in eight months. The rate is up from just 0.1% in October…
Canada’s inflation rate rises to 1%
Housing prices post first gain in eight months
Filed Under Main Content · Tagged: Eight Months, Housing Prices, Sun, Vancouver Bc
Vnacouver Sun, Vancouver, BC – “On the whole, this report does offer some hope that the correction in Canadian home prices may be nearing an end, further corroborating the other housing sector indicators that are conveying a similar message,” Mulraine said…
