Canadian Real estate Sales up 18%
The Canadian Real Estate Association says 135,182 homes were sold countrywide in the third quarter, up 18 per cent from a year earlier and the most ever for the period.
It’s the biggest year-over-year increase since early 2002, the group said Thursday.
Building on two previous quarterly increases, seasonally adjusted home sales on the agency’s Multiple Listing Service now stands 48 per cent above the low reached in the fourth quarter last year.
Whistler real estate sales have been increasing over the last few months and we are on an upward trend. The opportunity for buyers is there are many properties that are still priced at the lower levels from earlier this year. As our sales volume increases we will start getting upward pressure on prices as has been the case in Vanouver.
For more specific market information contact George Klimock at: george@wrec.com or 604-905-2867.
Regards,
George Klimock
