Peter Bhandari's (bhandaripj) Blog

Real Estate Agent - Re/max Gold Realty Inc., Brokerage
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Canada News Wire New home construction will moderate from historically high levels, to reach just under 178,000 units in 2009, a level that is consistent with demographic fundamentals, according to Canada Mortgage and Housing Corporation’s (CMHC) fourth quarter Housing Market Outlook, Canada Edit...
CBC NewsFewer homes were listed for sale on the Canadian Real Estate Association’s multiple listing service in the third quarter, as the market cooled in Alberta and British Columbia, according to figures released Thursday.Third-quarter MLS listings fell to 230,107 on a seasonally adjusted basis,...
In August, the Canadian Real Estate Association forecast a 2.6 per cent increase in national housing prices for 2008 and another 2.1 per cent next year. Yesterday, CREA released a new forecast, calling for a 0.6 per cent slide this year and a further 2.1 per cent drop in 2009. "This is in line wi...
Several pricey markets drag averages down in September The Canadian Real Estate Association says the falling average sale price nationally is a reflection of a decline in sales in the highest-priced markets, noting that prices are still rising in a majority of markets. The Ottawa-based group, whi...

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