Biggest Gain in Home prices Since 2009

Canadian Real Estate Magazine

National house resale prices rose for a seventh consecutive month in June. Biggest jump recorded since August 2009, according to Teranet – National Bank Housing Price Index See full story on this topic »

Average price of B.C. home up 15 per cent from last year

The average price of a home in British Columbia rose 15 per cent from March of last year to March 2011, the B.C. Real Estate Association reported in a news release today.

Read more: http://www.vancouversun.com/business/Average+price+home+cent+from+last+year/4634109/story.html#ixzz1JtPQYhW5

Average price of B.C. home up 15 per cent from last year

Underwater mortgages rise as U.S. home prices fall – The Globe and Mail

The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market.

Underwater mortgages rise as U.S. home prices fall – The Globe and Mail

Canadian housing sales rise for second-straight month

The Vancouver Sun- Housing sales rose in September for a second straight month, while average prices reversed a negative trend with a 1.9 per cent increase from August, the Canadian Real Estate Association said Friday.

The Ottawa-based group said sales in September climbed three per cent from August on a seasonally adjusted basis. It was the highest number of sales since last May.

At the same time prices also showed some growth. The average sale price across the Multiple Listing Service last month was $331,089, on par with where it stood a year ago, and an increase from $324,928 in August…

Canadian housing sales rise for second-straight month

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