Home sales down, prices up in April 2011

May 20, 2011 | By | Add a Comment
According to the Canadian Real Estate Association, home sales activity was down 4.4% in April 2011.  This softening was expected due to the tightening of mortgage regulations in March.

Home prices were up 8% compared to April 2010, buoyed by continuing increases of multi-million dollar home sales in Vancouver.  

To see the full article, click here.

Photo credit [c] Liz Orfao for openphoto.net

Filed in: Canadian Mortgage News

About the Author (Author Profile)

I'm a Toronto Mortgage Broker. My focus is on saving people time and money in financing and re-financing their homes. Am passionate about helping people make informed choices, giving back, and helping to improve financial literacy in Canada.

Leave a Reply

Trackback URL | RSS Feed for This Entry

Before you click "submit", please prove that you are a human :) *