Company Logo
Canada's Residential Property making a way to rock-bottom

Canada's Residential Property making a way to rock-bottom



Published in

Real Estate News

15 Sep 2021

With record-high commercial property sales, Canada is experiencing 14% lower existing- home sales. According to Canadian Real Estate Association data, that the sales are still weakening towards historical levels. The month of August saw the biggest fall in sales.

It is being said that the volume of supply impacts the value and sale of the house. However, data shows that there is a 12.7% jump in the listing of homes. July was a reasonably cooling month because there was neither a big boom nor a fall in the listing or prices. The numbers suggest fewer sales than last year, but dynamic sales will whack the GDP somehow because in Q2 Canada showed odds of dependence on real estate investment for its massive climb.

Loding projects...
Contact Us
  [email protected]
  (905) 672-2929
  203-7895 Tranmere Drive
Mississauga ON L5S1V9

This website may only be used by consumers that have a bona fide interest in the purchase, sale or lease of the type of realestate being offered via this website.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc., a corporation jointly owned by the National Association of REALTORS® and CREA.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA.
© 2021 Guglu Homes Inc. Brokerage, All Rights Reserved.