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Instead, by the end of 2021, the Canadian Real Estate Association's House Price Index had risen by 26.6%, the fastest annual pace on record. [50] Condominiums accounted for the bulk of new housing in BC (54%) and Ontario (59%), [ 51 ] and investors constituted an increasing share of the buyers of these units (41% in Ontario).
Image source: Getty Images. When mortgage rates fell to record lows in 2020 and 2021, many buyers rushed to purchase homes. And many existing borrowers were quick to refinance their home loans.But ...
Canadian home sales took a breather in December but were still 10% higher in the fourth quarter compared to the third quarter as the Bank of Canada cut borrowing costs, data from the Canadian Real ...
Existing home sales rose 3.4% in October, the group said. Sales rose 2.9% year-over-year for the first annual rise since July 2021 when Americans were still in the midst of a pandemic homebuying boom.
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
This long-term outlook is in line with last month's projections, which called for a 1.2% annual increase. The post Zillow Home Value and Sales Forecast: October 2022 appeared first on Zillow Research.
This is a list of Canadian provinces and territories by life expectancy. Life expectancy is the average number of years of age that a group of infants born in the same year can expect to live, if maintained, from birth. The source is from the Canadian Vital Statistics Death Database. [1]
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