Three Real Estate Stories in the News for Tuesday, April 17th 2018
Montréal's Residential Real Estate Market is Off to a Flying Start in 2018
The Greater Montréal Real Estate Board (GMREB) has released its most recent residential sales statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers' Centris® provincial database. In total, 12,311 residential sales were concluded in the first quarter of 2018, a 7 per cent increase compared to the first quarter of 2017.
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Canadian Real Estate Cooled Due to Government Measures, Higher Prices
Canadian home prices rose 6.2% year-over-year in the first quarter of 2018, according to a Royal LePage House Price Survey released Friday. But the quarterly comparison shows a slightly less rosy picture, with prices for homes around Canada remaining flat or seeing small dips in prices, according to the survey.
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The Greater Toronto Area Real Estate Market Slows in the First Quarter of 2018
According to the Royal LePage House Price Survey1 released today, sales activity and price appreciation across the Greater Toronto Area continued to slow in the first quarter of 2018 compared to the heightened pace witnessed during the same time last year. All housing segments studied depreciated on a quarter-over-quarter basis, especially in areas such as Richmond Hill, Markham and Pickering where appreciation was strongest a year ago.
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Picture: Maarten van den Heuvel
Davisville Village Home Sales Statistics for March 2018
Leaside & Bennington Heights Home Sales Statistics for March 2018