Lower home prices and shifting demographics mean first-time buyers could lead a rebound in Canada’s real estate market, experts said Wednesday at a real estate conference in Toronto. This wave of the children of baby-boomers begining to look at entering the housing market in addition to the number of immigrants entering Canada will assert some positive influence on our local real estate markets. Low mortgage rates, softening home values, new government incentives to first time buyers com ...
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posted in General
at Thu, 26 Feb 2009 09:42:42 -0700
We have noted an increase in sales activity of residential sales within Calgary over the last two weeks of January. Month
Average Sales Per Day
Change
$ Average
Change
December
21
$ 372,737
January
37
57%
$ 387,385
3.9%
478 residential (single family and condo) sales took place from January 19 through to January 31, 2009 for an average of close to 37 properties sold per day for an average property value of $387,385.00. This represents an increase of 57% of the daily average n ...
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posted in General
at Mon, 02 Feb 2009 14:25:47 -0700