or

Not a member? Sign up now and create your RedPin account

Sign in to get the latest listings.


By registering you accept
our terms of use.

Register to get the latest listings.

Already a member? to your RedPin account

Forgot your password eh?
Don’t worry, it happens.

By creating an account you accept our terms of use.

Loading...

Please be patient

Attempting
Facebook login

Please close the Facebook login window to return to the regular login.

0

Update on Canada’s Housing Market

Thanks to Toronto, Canadian housing market has grained strength despite falling prices in one of the country’s largest hubs, Vancouver, Brattish Columbia. The average prices of homes sold in Toronto was up 8.4 percent this April to $517,556 while Vancouver’s was down almost 10 per cent to $735,315. The average home prices in Canada went up 0.9 percent from last April to $375,810.

On the sales front, April’s seasonally adjusted sales according to Canadian Real Estate association (CREA) gained 0.8 percent over the previous month. The same report indicates an increase of 11.5 percent increase in sales from April of 2011 (49,480 total homes sold this April compared to 44,370 sold last April).

 

source: Metro

Did you enjoy this article?
Share the Love
Get Free Updates

About the Author

TheRedPin, Brokerage is a real estate brokerage that does things differently, serving the GTA and select cities in Ontario. The brokerage has been leading the way with new efficiencies in the real estate industry, offering a customer-service oriented real estate experience with advanced technology and non-commissioned agents (who are paid on salary and given bonuses based on customer satisfaction). Additionally, the brokerage offers TheRedPin Rebate: a 25% cash back incentive. TheRedPin also features an award-winning website featuring more listings than any other real estate site. To learn more about TheRedPin, Brokerage, visit www.TheRedPin.com/company-info.