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Top News In அரச தொழுநோய் மேற்கு ரியல் எஸ்டேட் சேவைகள் Today - Breaking & Trending Today

May home sales fell 7.4 per cent, but on pace for record level this year: CREA


The number of transactions in May was a significant drop compared with a year ago, when the COVID-19 pandemic was spreading rapidly through the country, but the association expects sales to edge toward more typical levels through the latter half of 2021 and into 2022.
The association is predicting 2021 will see transactions rise 23.8 per cent from last year to reach a record-setting 682,900, then fall by 13 per cent to around 594,000 units in 2022.
CREA chair Cliff Stevenson attributed the slowing sales numbers to higher prices, a lack of supply and a general malaise spreading in many markets.
More and more, there is anecdotal evidence of offer fatigue and frustration among buyers, and the urgency to lock down a place to ride out COVID would also be expected to fade, he said, in a release. ....

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First-time homebuyers increasingly anxious over downpayments


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Canadian first-time buyers in an ever-intensifying housing market are increasingly worried about missing out on a property because they can’t make the down payment, according to a new survey.
The survey, released Friday by Royal LePage and residential mortgage insurance provider Sagen, found first-time homebuyers across the country, except for Alberta and the Prairies, reported higher levels of anxiety compared to 2019.
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First-time homebuyers in B.C. increasingly anxious over insufficient down payments Back to video
In B.C., 71 per cent of first-time buyers expressed concern their down payment will fall short of getting them the home they wanted compared to 56 per cent two years ago. ....

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B.C. realtors look back at a year like no other


B.C. realtors look back at a year like no other
One of the first things we did was stop the traditional open house, and we disconnected the button on the MLS program so open houses couldn t be booked, says Colette Gerber, chair of Real Estate Board of Greater Vancouver.
Author of the article: Kathleen Freimond
Publishing date: Mar 12, 2021  •  March 12, 2021  •  8 minute read  • 
Jane Chu, real estate adviser at Rennie and Associates Realty Ltd. Photo by Handout /PNG
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. ....

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