- Joined
- Mar 24, 2009
- Messages
- 16,743
Housing market to stay strong through 2015
Home sales should go up this spring, says the Canadian Real Estate Association (CREA). The sales should be further supported over the second half of 2014 by a pick-up in Canadian economic growth.
National resale housing activity started 2014 at lower levels compared to previous years. It's partly payback for stronger levels of activity recorded last summer and fall when buyers with pre-approved mortgage financing advanced home purchases before their lower pre-approved rates expired. It also likely reflects the deferral of some activity due to what has been an exceptionally tough winter in many parts of the country.
Read the full article here.
Home sales should go up this spring, says the Canadian Real Estate Association (CREA). The sales should be further supported over the second half of 2014 by a pick-up in Canadian economic growth.
National resale housing activity started 2014 at lower levels compared to previous years. It's partly payback for stronger levels of activity recorded last summer and fall when buyers with pre-approved mortgage financing advanced home purchases before their lower pre-approved rates expired. It also likely reflects the deferral of some activity due to what has been an exceptionally tough winter in many parts of the country.
Read the full article here.