Archive for October, 2009

Why the housing market didn’t crash

Canadian real estate correction was side-effect of recession, not cause, while U.S. market still faces challenges, report says

Fewer listings boost home prices

Drop in number of sellers threatens to push buyers out of markets as sales, prices set records

Buyer demand remains strong while home listings increase

REBGV September Stats Buyer demand remains strong while home listings increase Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever recorded for the month of September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,559 in September 2009, [...]

B.C. real estate returning to ‘seller’s market’: report

Record-low interest prices, homebuyer tax incentives and lower housing prices are spurring a revitalized demand, a Scotia Economics report released Thursday says, but there are still obstacles to a more solid recovery.

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