Section: Real estate

Canadian home sales edge higher in October

Published on by Communication service

Canadian home sales edge higher in October -

Canadian home sales edge higher in October

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations edged up 0.7 per cent in October 2014 compared to September.

OCTOBER 2014 HOUSING STARTS IN QUEBEC

Published on by Communication service

OCTOBER 2014 HOUSING STARTS IN QUEBEC -

OCTOBER 2014 HOUSING STARTS IN QUEBEC

Housing  starts  in  Quebec  were  trending  at  32,527 units  in October,  compared  to  32,713  units  in  September,  according  to  Canada  Mortgage  and  Housing Corporation (CMHC).  The  trend  is  a six-month moving  average  of  the monthly  seasonally  adjusted
annual rates (SAAR) of housing starts.

Building permits, September 2014

Published on by Communication service

Building permits, September 2014 -

Building permits, September 2014

Municipalities issued building permits worth $7.5 billion in September, up 12.7% from August, following a 27.3% decrease the previous month. The increase in September resulted primarily from higher construction intentions for both non-residential and residential buildings in Ontario.

2014-2015-2016 HOUSING MARKET OUTLOOK (PROVINCE OF QUEBEC)

Published on by Communication service

2014-2015-2016 HOUSING MARKET OUTLOOK (PROVINCE OF QUEBEC) -

2014-2015-2016 HOUSING MARKET OUTLOOK (PROVINCE OF QUEBEC)

According  to  the  latest  forecasts  conducted  by  Canada Mortgage and Housing Corporation (CMHC),  Quebec housing starts will amount to 38,200 units in 2014, 39,000 units in 2015, and 40,100 units in 2016.

Canadian home sales ease back in September

Published on by Communication service

Canadian home sales ease back in September -

Canadian home sales ease back in September

Boards and Associations fell by 1.4 per cent on a month-over-month basis in September 2014, marking the first monthly decline since January of this year.

Activity was down in about 60 per cent of all local housing markets in September, led by monthly declines in Calgary, Edmonton, Central Toronto, Kitchener-Waterloo, London & St. Thomas, Windsor-Essex, and Ottawa. Home sales rose on a month-over-month basis in Fraser Valley, Vancouver Island, the Okanagan region, Mississauga, Durham and York regions of the Greater Toronto Area, Sherbrooke, and the Northern region of Nova Scotia.