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forma condo price list.The Canadian real estate market is bleak

forma condo price list.The Canadian real estate market is bleak

Posted on December 31, 2022

forma condo price list.The Canadian real estate market is bleak. Figures provided by the Canadian Real Estate Association on the 15th local time, affected by the COVID-19 epidemic, sales continued to decline, resulting in the Canadian real estate market in April this year had the worst April since 1984.Please Visit: forma condo price list to Get Your VVIP Registration Today!

The association said the decline in the real estate market this year began in March. In the second half of March, sales fell 14% from the same period in February, and in April they fell 56% from March.

The national average house price in April was 488, 000 Canadian dollars (2.49 million yuan), down 1.3% from the same period in 2019.

The Canadian real estate market is highly seasonal, usually declining in winter and climbing in spring. Normally, the real estate market should pick up from March, and sales should be better in April than in March. What has happened this year is the opposite.

Singapore is the most expensive real estate market in Southeast Asia. In the fourth quarter of 2011, the average price of a high-end house in Singapore was $25600 per square meter, according to Knight Frank.

According to government data, real estate prices rose 3.2% year-on-year in 2011, while new home sales rose 19% in the first half of last year compared with the same period the year before.

Although housing prices rose by an average of more than 30 per cent between 2006 and 2011, Taiwan real estate prices fell 4.1 per cent in 2011, according to Knight Frank. The reason for the decline in house prices is that the authorities implemented regulatory measures such as a “luxury tax” last year.

The Canadian real estate market has been strong over the past few years, while the housing market of its neighbour the United States has not yet recovered from the 2008 global financial crisis.

In December, the average price per home in Vancouver was $734000, while the average price was $358000, according to the Canadian Real Estate Association.

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