Monday, February 11, 2008

Gehaeuse market cracks \$100B of sales record


The Weiterverkaufgehaeuse market cracked $100-billion in sales activity for the first time in 25 largest markets of the Canadas and according for Canadian real estate connection. From die Ottawa created group said 362,934 units sold last year, a increase 7,9% to one year before. Annual sales recordings were dynamically stopped Ann Bosley, which is president of kreatin in Regina, Saskatoon, Winnipeg, Toronto, London and STR Thomas, Hamilton Burlington, Kitchener Waterloo, Ottawa, Montreal, Quebec city, holy Johannes, Halifax and Newfoundland and Labrador “statistics show the fair, like the Canadian Gehaeuse market in 2007 in practically all parts of the country war,” said. “die record sales activity appearance remains market it a very affordable real estate.” In sales the Canadian real estate seems expressed market into second the quarter to be up-risen up. However the drop off with sales was moderate from the third trimester in the fourth quarter down only 1,6%. For the year war kreatin said die dollar illustration for sales in largest market the country 25 $118.3-billion, a increase 19,6% of one year earlier. Die large dollar illustration war prices die part record sales of the negotiations and one part record sale. For die most this of the yearly is it market a salesman, says die group of real estates been. That has meant rising prices. The average price of a house sold in 2007 reached $326,055, a increase 10,8% of one year more earlier. Kw_war annual percentage increase largest in 18 years. “resale housing oh question remained for incomes during due 2007 job and to growth, the continuation of the attractive financing and the prelude confidence of the consumers,” said Gregory becomes lumpy, chief economists with kreatin highly. Mr. becoming lumpy expected, 2008 it continues, being strong and forecasts that sales second are, which on record and only step of last the latter is highest drags. The housing sector is prognosticated, in order to receive an increase from Bank from Canada, which many lower rate due to slower United States the economic growth anticipate. “additional interest rate of cuts this year holds the Weiterverkaufgehaeuse market activity on a strong Fussnote and prices drives fort, to rise but at a slower step,” said Mr. becoming lumpy.


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