Even though the average sale price of Regina homes is up three per cent from the same period last year, Mike Duggleby, manager of Royal LePage Regina Realty, said the current low interest rates are helping to make homes more affordable. This is bringing more first-time home buyers into Regina’s housing market.
Archive for June, 2009
Low interest rates driving home sales on the Prairies
Posted: 4th June 2009 by Laurin Jeffrey in Other Real Estate MarketsTags: affordability, affordable, annex, Bungalow, bungalows, buy, buyer, buyers, condo, condominium, condominiums, credit, first, First-Time Homebuyers, government, home, home buyers, home reno, home renovation, home renovation tax credit, home sales, homebuyer, homebuyers, housing, housing market, HRTC, interest rate, Interest Rates, low interest rates, market, neighbourhood, neighbourhoods, new, number of sales, Prairies real estate, prices, real, Renovation, renovations, rent, sale, sales, tax, tax credit, time, time home buyers, Tory
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B.C. home prices stabilizing
Posted: 4th June 2009 by Laurin Jeffrey in Other Real Estate MarketsTags: 2010, affordability, average price, bc real estate, buy, buyer, buyers, chief economist, CREA, decline, economist, estate, first, first quarter, for sale, home, home prices, home sales, homes for sale, housing, housing forecast, housing market, increase, interest rate, Interest Rates, low interest rates, market, market conditions, marketplace, percentage point, prices, real, real estate, real estate association, record low interest rates, residential sales, sale, sales, supply and demand, time
We’ve now seen three consecutive months (seasonally adjusted) of double-digit increases in home sales. And on the supply side, the number of homes for sale in Vancouver has declined for six consecutive months.
US home sales rise more than expected
Posted: 4th June 2009 by Laurin Jeffrey in Other Real Estate MarketsTags: association of realtors, chief economist, condo, condos, construction, economist, existing home, existing homes, home, home sales, housing, lower price, market, market expectations, national association of realtors, new, new home, new homes, real, realtor, Realtors, recession, sale, sales, sales of existing homes, us housing, us real estate
Sales of existing homes in the United States rose 2.9% in April, according to an industry survey yesterday that supported views the three-year housing recession was near a bottom.