The index showed that the monthly decline – led by price drops in Toronto and Calgary – was smaller than the 1.1% decrease recorded in January over December
Canadian home prices fell 0.3 per cent in February from January, as prices dropped in seven of the 11 major markets, Teranet–National Bank National Composite House Price data showed on Friday.
The index, which tracks repeat sales of single-family homes in major Canadian markets, showed that the monthly decline – led by price drops in Toronto and Calgary – was smaller than the 1.1 per cent decrease recorded in January over December. The prices – which are not seasonally adjusted – rose in four cities including Vancouver and Victoria, both in the western province of British Columbia.
Home prices fell by 4.7 per cent in February compared to February 2022, marking the second consecutive year-over-year decline, National Bank of Canada economist Daren King said in a statement.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Canadian home sales up modestly in February as buyers come out againBut prices drop for the 12th straight month, according to CREA’s index
Lire la suite »
Canadian home sales drop 40% in February compared with year ago: CREAThe Canadian Real Estate Association says homes sales in February dropped 40 per cent compared with a year ago.
Lire la suite »
Canadian home sales drop 40% in February compared with year ago: CREAThe Canadian Real Estate Association says homes sales in February dropped 40 per cent compared with a year ago.
Lire la suite »
Canadian home sales drop 40 per cent in February compared with year agoThe Canadian Real Estate Association says homes sales in February dropped 40 per cent compared with a year ago.
Lire la suite »