Slight drop in Canadian home sales and prices

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
Residential property sales in Canada fell by 1.7% in November compared with the previous month at a time when mortgage lending tightened, according to the latest data from the Canadian Real Estate Association (CREA). The actual, not seasonally adjusted, national average price for homes sold in November 2012 was $356,687, a fall of 0.8% from [...]

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P

pan

New Member
How will that affect people within Canada? Doses the drop mean anything with regards to what Canadians can expect to pay?
 
D

dandjproperty

Banned
It will really affect the people of Canada. Can you tell us how much time it will take to recover back?
 
C

coloradospringsproperty

Banned
Hello,

.8% is slight fall, last time i heard about 10% fall in property which is huge.
 
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