Posts tagged month

Canadian housing market shows signs of ‘rebound’

OTTAWA — Despite signs long-term mortgage rates are creeping up, the housing market is continuing is bounce back to life according to the Canadian Real Estate Association.
In June, 8.7% more homes were sold than in May. It’s the fifth straight month of increases — a 17.9% increase over June 2008.
“This rebound reflects the releasing of [...]

June Home Sales Rise 8.7%

Canadian sales of existing homes rose for a fifth month in June, adding to evidence that record low borrowing costs are fueling housing demand.
Sales rose 8.7 percent to 41,304 homes from the previous month on a seasonally adjusted basis, the Canadian Real Estate Association said today in a statement from Ottawa. Average home prices rose [...]

New Brunswick’s Spring Housing Starts – Canadian Funding Corp Looks at the Numbers

MONCTON, June 8 /CNW/ – According to Canada Mortgage and Housing Corporation’s (CMHC’s) preliminary data(1) released today, residential construction in May produced a total of 334 starts in New Brunswick’s urban centres compared to 481 units during the same period last year.
“Total urban starts for the month of May were down from last year’s monthly [...]