Calgary’s Real Estate Market – Calgary Herald

Topping the nation for average sale price was Vancouver at $815,252.

Calgary’s Real Estate Market – Calgary Herald

Locals bought most of 2010′s real estate in Victoria

"The majority of buyers are people moving up or down in the market to meet their changing needs," said board president Dennis Fimrite, adding he found it encouraging to see a quarter of the buyers were acquiring their first homes. "Despite concerns over affordability, we are pleased to see that many individuals and families are able to make the move to home ownership. This shows confidence in the market and a commitment to making this area their home."

Read more: http://www.timescolonist.com/business/Locals+bought+most+2010+real+estate+Victoria/4151300/story.html#ixzz1ByRM29Fv

Locals bought most of 2010′s real estate in Victoria

B.C. posts dramatic drop in July real estate sales

The Vancouver Sun- A year ago, British Columbia’s real estate markets were rising to a peak in sales. In July, they dramatically fell off it.

Sharp drops in sales in B.C.’s biggest markets led the province to a 42-per-cent decline in July sales through the Multiple Listing Service compared with the same month a year ago, the B.C. Real Estate Association reported Thursday.

"What we’ve seen is that the province was buoyed up by Vancouver, Victoria and to some extent the Fraser Valley earlier in the year as those markets were very strong indeed," Cameron Muir, the association’s chief economist, said in an interview.

"Now of course, those markets have shifted back toward being more in favour of buyers, so they’ve brought the entire province into that category…”

B.C. posts dramatic drop in July real estate sales

A sharp shift in the market

The Globe and Mail- Some homeowners who were waiting for their gardens to spring to life before they listed their houses for sale are wondering if they would have been better off planting a sign on the lawn in the barren days of February and March. The answer, most likely, is yes.

Toronto’s real-estate landscape has shifted in the past few weeks with a burgeoning number of houses listed for sale.

For prospective buyers, the change means they are facing a phenomenon they haven’t encountered in quite some time: choice.

Real-estate broker Patrick Rocca of Bosley Real Estate Ltd. says the Toronto market has become quirky since listings began ramping up immediately after Easter.

Now, some houses are selling in bidding contests at premiums above the asking price that Mr. Rocca deems “crazy,” while in other cases agents anticipated a quick sale and the property is just sitting…

A sharp shift in the market – The Globe and Mail

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