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Winter’s chill seeping into two key Canadian housing markets

Posted on 06 December 2012

Just as the weather gets colder, parts of the Canadian housing market are also seeing a chill. Home sales in Toronto, Canada’s biggest city, were down a sharp 16% in November from the same month last year, according to the Toronto Real Estate Board, a trade association.
After hitting a 2012 peak of 10,546 units sold in May, Toronto home sales have steadily declined, totaling 5,793 units last month………………………………………..Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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