Canadian property sales down but prices up slightly

[Nicholas Wallwork]

Residential property sales in Canada have fallen since the introduction of new mortgage lending regulations, according to the latest analysis from the Canadian Real Estate Association (CREA). Demand has remained at lower levels, and this trend is expected to persist through the end of the year and into 2013. National resale housing activity is now [...]

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[reddeerab]

The market in Red Deer, Alberta has been very brisk already this year for my wife and I. We are finding a shortage of inventory and upward pressure on prices. It's early yet and it remains to be seen if the trend persists into early spring,