June 2013
Found 3 blog entries for June 2013.
Spring 2013 edition of CMHC's Housing Market Outlook - Victoria
Ron's Candid Thoughts on Today's Market in Victoria
The increasing trend of improved Buyer Optimism carried over from April’s increases sales activity with even more sales in May totalling 659 exactly the same as the sales reported in May 2012. The other side of the numbers is that the volume of 1,428 new listings reported in May was substantially down from the 1,740 new listings reported in May of 2012. The result is that we’ve had a slight decline in the overall number for sale as of June 1, 2013 to 4,783 now down from over 5,000 June 1, 2012. This combination of increased sales and optimism together with decreased listings available suggests that we’re in a trend towards a more balanced market. With interest rates still extremely low, although it’s challenging to get approved to borrow, particularly as
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