Despite the stress test, Canadian home sales are returning to healthy levels, according to the monthly report from the Canadian Real Estate Association. In July 2019, national home sales increased for the fifth consecutive month.
Maclean’s conducted a study of 415 communities across Canada and ranked them based on a variety of criteria, including wealth & economy, affordability, population growth, taxes, commute times, crime, weather, health care, amenities and culture.
Though it seemed like the housing market was heating up last spring, on a national level, activity was a bit less exciting, according to the latest monthly report from the Candian Real Estate Association.
We already knew this was the case, but Adi Development Group is now officially a major player in the new home industry with the CEO Tariq Adi and COO Saud Adi receiving Canada’s Top 40 Under 40 Award for young business leaders!
The Canadian Real Estate Association released its housing figures for last month, reporting that sales on a national level increased 3.6% month-over-month, based on transactions reported through Canadian MLS systems.
This increased interest in the 905 housing markets is evident in the growing usage of GO Transit, the provincially-owned regional transit network. It boasted a ridership of 56.6 million people in 2018, upping service by 13% to 217 weekly trips.