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Canada Nov home sales fall, forecast cut for 2013

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17 Dec 2012 10:57 #114765 by chairman
TORONTO, Dec 17 (Reuters) - Sales of existing homes in Canada fell in November from October and year-over-year sales were down as well, the Canadian Real Estate Association said on Monday as it once again trimmed forecasts for resale housing in 2012 and 2013.

The industry group for Canadian real estate agents said sales activity was down a seasonally adjusted 1.7 percent in November from October. Actual sales for November, not seasonally adjusted, were down 11.9 percent from a year earlier.

The drop continues a slowing trend that began when tighter mortgage rules came into effect in July, and CREA said it now believes national resale housing activity will slow 0.5 percent in 2012 and recede by 2 percent in 2013.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/

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17 Dec 2012 11:57 #114782 by ketchim
About time !!  phew

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  • artemis
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17 Dec 2012 12:15 #114799 by artemis
what deh mean... we getting cheap house? :lipsrsealed:

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17 Dec 2012 12:26 #114808 by ketchim
In a coupla years ... :wink:

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  • artemis
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17 Dec 2012 12:28 #114809 by artemis
about time...

i heard alberta has cheap house

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17 Dec 2012 12:30 #114812 by ketchim
not really.....Calgary is booming ! 

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  • artemis
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17 Dec 2012 12:37 #114815 by artemis
which is the cheapest province :undecided:

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17 Dec 2012 12:40 #114818 by ketchim
Saskatchewan ....

Little Mosque on the Praire  ::lol::

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17 Dec 2012 12:55 #114827 by Snoopster

De bubble gonna burst?

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  • artemis
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17 Dec 2012 13:06 #114841 by artemis

buss already then ::lol::

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  7. Canada Nov home sales fall, forecast cut for 2013
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