Section: Real-estate
Canadian home sales up again in April
Published on by Communication service
Canadian home sales up again in April
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 2.3 per cent in April 2015 compared to March. This marks the third consecutive month-over-month increase and raises national activity back to where it was during most of the second half of last year.
APRIL 2015 HOUSING STARTS IN QUEBEC
Published on by Communication service
APRIL 2015 HOUSING STARTS IN QUEBEC
Housing starts in Quebec were trending at 27,017 units in April, compared to 28,380 units in March, 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, March 2015
Published on by Communication service
Building permits, March 2015
The total value of building permits rose 11.6% from a month earlier to $6.9 billion in March. This was the first increase in three months. Higher construction intentions for non-residential buildings in British Columbia and Alberta and for multi-family dwellings in Ontario and British Columbia were responsible for much of the advance at the national level.
Investment in non-residential building construction, first quarter 2015
Published on by Communication service
Investment in non-residential building construction, first quarter 2015
Investment in non-residential building construction decreased 1.2% to $12.9 billion in the first quarter, following three consecutive quarters of growth. This decline was largely the result of lower spending on the construction of commercial buildings.
Canadian home sales climb in March
Published on by Communication service
Canadian home sales climb in March
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose by 4.1 per cent in March 2015 compared to February.
March sales were up from the previous month in nearly two-thirds of all local markets, led by Greater Vancouver, Fraser Valley, Calgary and Edmonton. Despite the monthly rebound, Calgary and Edmonton sales came in below the 10 year average for the month of March.
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