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.
Is it time to downsize? Perhaps you’re trying to convince your parents to sell their large detached home and move into something more manageable and maintenance-free. You should tell them about Upper Mill Pond in Hamilton.
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.
In the Canada Mortgage and Housing Corporation’s quarterly Housing Market Assessment, the overall condition of Canada’s housing market moved from high risk to moderate risk, mostly due to an easing of price acceleration.