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Real Estate

Sales plateauing in most markets

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Posted by Canadian Real Estate Wealth

on Tuesday, 27 October 2015 09:38

iStock Business-Discussion-talk-people 000008031023 SmallAs inventory levels drop in most markets, sales levels are beginning to level off, according to the latest data from the Conference Board of Canada, with the outliers remaining the red-hot markets of Toronto and Vancouver.

In its monthly Metro Resale Snapshot, the board reported only15 of the 28 areas reporting a monthly increase.

....read more HERE



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Real Estate

Canadians selling US real estate

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Posted by Canadian Real Estate Wealth

on Monday, 19 October 2015 12:48

Unknown"The steady rise in property values since 2011 coupled with the downward swing in the Canadian dollar is the big reason why it’s a g"ood time to sell"

“Not only have the values gone up, but who knows how long the Canadian dollar is going to remain so low?”

....read the whole article HERE

 



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Real Estate

Canadian Home prices continue to grow

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Posted by Canadian Real Estate Wealth

on Thursday, 15 October 2015 08:54

Screen Shot 2015-10-15 at 8.45.41 AMThe indomitable Vancouver and Toronto markets continue to drive housing price gains, evidence of inventory challenges that continue to plague key markets.

....read more HERE

 



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Real Estate

Canada 6-City Housing Prices & the Plunge-O-Meter

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Posted by Brian Ripley's Canadian Real Estate Charts

on Friday, 09 October 2015 13:22

Screen Shot 2015-10-09 at 11.31.10 AM

The chart above shows the average detached housing prices for Vancouver, Calgary, Edmonton, Toronto*, Ottawa* and Montréal* (the six Canadian cities with over a million people) as well as the average of the sum of VancouverCalgary and Toronto condo (apartment) prices on the left axis. On the right axis is the seasonally adjusted annualized rate (SAAR) of MLS® Residential Sales across Canada (one month lag).

Go HERE for analysis and a larger chart

Go HERE for the the PLUNGE-O-METER, which tracks the dollar and percentage losses from the peak and projects when prices might find support.



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Real Estate

Jim Rogers: I Would Not Be Buying U.S. Real Estate

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Posted by Jim Rogers

on Tuesday, 06 October 2015 07:19

Screen Shot 2015-10-06 at 7.13.42 AMThe Chinese rush to buy U.S. Real Estate is probably a sign of a top in that market. 

.....listen to Jim's  podcast HERE

also from Rogers:

China Will Not Save Us Like They Did In 2008-09



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