The Canadian Real Estate Association says last month’s home sales amounted to the first monthly gain since February.
The association revealed Tuesday that sales totalled 35,380 in October, a 1.3 per cent increase from September.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
He pointed out last month’s activity remained below the low end of pre-COVID norms and noted it was the quietest October for unit volumes since the economy was climbing out of a recession in 2010.
Meanwhile, sellers are still refusing to list properties unless they have to move because they have realized prices aren’t as high as they were at the start of the year.Article content Despite the lack of listings, the actual national average home price was $644,643 in October, down 9.9 per cent from the same month last year. On a seasonally-adjusted basis, it reached $643,743, down 0.6 per cent from a month earlier.Article content
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Canadian October home sales up from September, first monthly increase since February - Terrace StandardGreater Vancouver was up six per cent, offset in part by a 2.4 per cent drop in Montreal
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Canadian October home sales up from September, first monthly increase since FebruaryThe Canadian Real Estate Association says home sales in October posted their first monthly gain since February.
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Canadian October home sales up from September, first monthly increase since FebruaryThe Canadian Real Estate Association says home sales in October posted their first monthly gain since February.
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Canadian October home sales up from September, first monthly increase since FebruaryThe Canadian Real Estate Association says home sales in October posted their first monthly gain since February.
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Canadian October home sales up from September, first monthly increase since FebruaryThe Canadian Real Estate Association (CREA) says last month's home sales amounted to the first monthly gain since February, but analysts say they don't expect the market to pick up just yet because conditions have sunk below pandemic highs. The association revealed Tuesday that sales totalled 35,380 in October, a 1.3 per cent increase from September. They were also up on a month-over-month basis in 60 per cent of all local markets with Greater Vancouver up six per cent, offset in part by a 2.4 p
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