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forma condo prices.Real estate sales in Canada fell sharply

forma condo prices.Real estate sales in Canada fell sharply

Posted on December 30, 2022

forma condo prices.Real estate sales in Canada fell sharply. Canadian Real Estate Association (CREA) released annual data on Tuesday, plus home sales of 458000 units.Please Visit: forma condo prices to Get Your VVIP Registration Today!

Down 11.1% from the same period last year. It was the weakest annual sales record and the biggest annual decline since the financial crisis. In addition, average home prices fell 3.6 per cent, the first decline since 2008 and the biggest decline since 1995.

Home sales in Columbia and most areas were particularly weak, with sales falling 31.6% in Vancouver and 16.4% in most areas. Quebec was the only province where home sales rose, by 5.3%. The association said that high interest rates and strict lending standards are the reasons for weak sales, while the decline in high-end housing prices is the main reason for the decline in average housing prices.

The Canadian housing market is hard to improve, and sales are likely to rise 0.5% from 2018. Economists at the Bank of Montreal believe that the Canadian housing market will fall into a long period of relative stagnation, sales will not rise, and price increases will be lower than inflation.

Areas such as the Sunshine Coast and Victoria are easily accessible by ferry at BCFerry Station. From Horseshoe Bay, sailing, fishing, scuba diving, other water sports, hiking and skiing are all close at hand. The periphery of the project is fully equipped. Is a set of business, entertainment, life in one of the comprehensive community. Not far from ParkRoya Royal Park Shopping Plaza, the largest shopping mall in West Vancouver. Can meet all shopping needs.

Luxury units, each with an ornate front door and a 10-foot roof. Living in the house, you can enjoy the splendor of Horseshoe Bay and the serenity of the mountains and forests. The room is bright and broad, with plenty of light, and the fresh air from the seamounts flows through the hall, freely flowing and pleasing to the eye.

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