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Monthly Archives: October 2013

Property sales and price forecasts for 2013 and 2014 in Canada updated

Written on October 9, 2013 at 2:48 pm, by

National residential property sales in Canada have improved more quickly than anticipated and as a result the Canadian Real Estate Association has updated its forecasts for 2013. Sales are forecast to reach 449,900 units in 2013 and the national average home price is projected to rise by 3.6% to $376,300 in 2013. The sales forecast  Continue Reading »

Home Sales Bolstered by Proper Pricing in Greater Victoria

Written on October 1, 2013 at 3:47 pm, by

VICTORIA, BC–Finishing up the strongest third quarter since 2009, the Victoria Real Estate Board reports that properly priced homes are selling which, along with reduced inventory levels, contributed to favourable market conditions. Q3 sales totalled 1,610, a year-over-year increase of nearly 15 per cent. On a monthly scale, total real estate sales in Greater Victoria  Continue Reading »