Resale housing prices in Calgary and Edmonton are down compared to a year ago, according to statistics released by the Canadian Real Estate Association (CREA). As of April 2019, the average (seasonally adjusted) price of benchmark homes sold via the Multiple Listing Service in Calgary was $411,000, down 4.6 per cent compared to the previous April and 6.2 per cent compared to April 2014.
But in Toronto, the prospect of getting rich in real estate will do the trick. more than the list price. Under-listing is a well-worn strategy to stoke bidding wars, which have become the norm..
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It predicts new mortgage stress. region so people choose to live here. "This is the kind of place young, smart enterprising people and, capital, want to work" he said. Royal LePage predicts that.
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Overall, unsecured debt – which excludes mortgages but includes credit cards. Inflation is edging up. With CPI at 1.8%, prices are rising more slowly than average earnings. There is trouble ahead..
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