The year may have started off slow for national housing activity, but it looks like 2019 is going to end on a good note, according to the latest monthly report from the Canadian Real Estate Association.
After a lengthy period of high vulnerability in Toronto’s housing market, it finally looks like things are starting to ease up, according to the Canada Mortgage and Housing Corporation’s latest Housing Market Assessment.
According to the Canadian Real Estate Association, home sales reported through national MLS systems in September 2019 increased 15.5% year-over-year, and came in 18% above the six-year low hit in February 2019.
Laguna Village Urban Towns at Summit Park features seven unique townhome designs ranging from 1,353 to 1,900 square feet. The two- and three-storey townhomes offer an amazing opportunity for buyers in need of more living space for their growing family.
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.