Housing Sales and Prices Expected to Fall by 10% into 2013
Filed Under Main Content · Tagged: Globe And Mail, Globe Mail, Housing Prices, Housing Sales
The Globe and Mail
Existing housing sales dipped 0.5 per cent in August and prices dipped 0.6 per cent… See full story on this topic »
Housing Prices Predicted to Increase by Next Year
Filed Under Main Content · Tagged: Capital Region, Housing Prices
Times Colonist
Capital region homes sales are expected to rise to 6,200 in 2012, from an expected 5,885 this year… See full story on this topic »
Housing prices to drop 25%, forecaster predicts – thestar.com
Filed Under Main Content · Tagged: Canada, Economics, Forecaster, House Prices, Housing Boom, Housing Prices, Madani, Magnitude
“The recent housing boom has resulted in the largest rises in house prices ever seen in Canada, which have been similar in magnitude to those during the recent boom in the U.S.,” said Capital Economics analyst David Madani in a report released Thursday. “Unfortunately, the subsequent falls in prices could also be just as severe as those elsewhere.”
Housing prices to drop 25%, forecaster predicts – thestar.com
Resale housing prices slip in capital region
Filed Under Main Content · Tagged: Bungalow, Central Ottawa, Condominium Apartment, Housing Market, Housing Prices, Neighbourhoods, Ottawa Citizen, Ottawa Housing, Quarters, Real Estate Values, Recession, South Ottawa, Survey
Ottawa Citizen- Prices slipped across Ottawa’s resale housing market in the third quarter of 2010, eroding some of the city’s big post-recession gains in real estate values, a survey shows.
The Royal LePage survey of three housing types in six neighbourhoods released Thursday showed average prices falling or stagnant in 14 of 18 examples.
Three of the four examples that showed increases between the second and third quarters of 2010 were modest, $1,000 rises that brought the average price of a condominium apartment to $321,000 in central Ottawa, a two-storey house to $316,000 in south Ottawa and a bungalow to $296,000 in Orléans…
