Mortgage rates rise for second consecutive week Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.28 percent, up from 4.24 percent at this same time last week.
The Canadian Real Estate Association says home sales climbed higher in April, boosted by gains in Montreal and the Toronto region.
The national average price for homes sold in April was $494,978, up 0.3 per cent from the same month in 2018. Excluding the Greater Vancouver and Greater Toronto Area, two of the country’s most expensive markets, the average price was just over $391,000.
Mainland, Canadian home resales fell by 1.3% in the month. Home prices rose at a faster rate at the national level in August. The annual rate of increase for the composite MLS Home Price Index (HPI) accelerated from 14.3% in July to 14.7% in August. Canada is now left with one major hot’ market-Toronto-where
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Montreal’s gains are well ahead of identical moves in Vancouver and Toronto where sales rose 1.2 per cent, and double the national increase of 3.6 per cent. There’s far less concern Montreal will show the signs of overheating seen in Canada’s two other major cities, given price differentials.
Sales of existing homes in both Toronto and Vancouver, the country’s two most precarious. Calgary’s 17 per cent year-over-year sales gain in July compares to a 6-per-cent year-over-year sales gain.
OTTAWA – The Canadian Real Estate Association says home sales in. The improvement came as gains in Montreal and the Toronto region.
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· Home sales increased 1.9 per cent in July compared with June, according to the Canadian Real Estate Association. The bump-up marked the third consecutive month of recovery after an initial plunge.
According to statisticsreleased today by The Canadian Real Estate Association (CREA), national home sales activity rose nearly two per cent from July to August 2014. Highlights: National home sales rose 1.8% from July to August. Actual (not seasonally adjusted) activity stood 2.1% above August 2013 levels.
Canadian home sales climb higher in May According to statistics released today by The Canadian Real Estate Association (CREA), national home sales improved in May 2013, building on gains recorded in the previous two months. Highlights: National home sales rose 3.6% from April to May. Actual (not seasonally adjusted) activity came in 2.6% below levels.
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Canadian home sales climb in February Posted on 15/03/2017 Ottawa, ON, March 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.