Section: Real estate

2013-2014 HOUSING MARKET OUTLOOK (PROVINCE OF QUEBEC)

Published on by Communication service

2013-2014 HOUSING MARKET OUTLOOK (PROVINCE OF QUEBEC) -

2013-2014 HOUSING MARKET OUTLOOK (PROVINCE OF QUEBEC)

According  to  the  latest  forecasts  conducted  by  Canada Mortgage and Housing  Corporation (CMHC),  relatively slow economic  and employment growth will reduce  demand of existing and new homes  this year.  "As well, easing resale markets and
relatively high inventories of new  dwellings will significantly lower  housing starts in 2013."

SEPTEMBER 2013 HOUSING STARTS IN QUÉBEC

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SEPTEMBER 2013  HOUSING STARTS IN QUÉBEC -

SEPTEMBER 2013 HOUSING STARTS IN QUÉBEC

The  particularly  weak  level  of  housing  starts  in  2013  reflects  a  less  favorable  home  building environment: moderate economic growth, an easing resale market and a relatively high supply of new homes

Building permits, August 2013

Published on by Communication service

Building permits, August 2013 -

Building permits, August 2013

Canadian municipalities issued building permits worth $6.3 billion in August, down 21.2% from July. This decline followed a 21.4% increase the previous month and was the result of lower construction intentions in both non-residential and residential sectors. With this decline, the trend in the value of building permits has become relatively flat since the beginning of 2013.

Canadian home sales up in August

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Canadian home sales up in August - sales building condo house

Canadian home sales up in August

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems rose 2.8 per cent on a month-over-month basis in August 2013. The number of local markets where sales improved on a month-over-month basis ran roughly even with those where activity edged lower in August, with increases in major urban centres tipping the balance.

August 2013 housing starts in Quebec

Published on by Communication service

August 2013  housing starts in Quebec -

August 2013 housing starts in Quebec

While  the  trend  is  significantly  lower  than  a  year  ago,  it  has  remained  relatively  stable  in  recent months,  in  both  the  single-detached  and  multi-family  market  segments