HOMES AND CONDOS

For the eight month in a row, prices for resale homes increased- which sets a new record. The index examines resale housing prices in six metropolitan areas. For the month of July, prices rose by 1.3% from the month previous. The index now rests at 146.51. Also, this marks the fourth month in a row where an increase exceeded 1%. Not only ...

Canada's housing market has hit a peak and will likely slow in the next six months, says one of the country's largest real estate companies, Royal LePage. "The market has seen its near-term peak in house price appreciation," the company said in a forecast released Thursday. "A slower second half of the year is ...

Low inventory levels set stage for heated Spring market in most major Canadian centres, says RE/MAX Active listings down in 81 per cent of markets in January Lack of inventory will be the greatest challenge facing housing markets across the country this Spring, according to a report released today by RE/MAX. The RE/MAX Market Trends ...

Many times when i meet buyers ( especially first time buyers) i find that their biggest fear is that  the home they buy (whether it is house or condo) will loose in value.Real estate just like any other type of investment will fluctuate in price and in short term might happen that it can go down. But historically real estate values always ...