Google
Gayapolis
Web
 

 

Welcome!
 
Username:

Password:


Register Now

Site Navigation

gay news News

gay directory Directory

gay travel Travel

gay weddings Weddings

gay real estate Real Estate

gay, lesbian, bisexual, transgender people People

free gay personals Personals

gay careers Careers

email Gayapolis Email Us

Gayapolis Home Page Home

 

 


Is Canadian Real Estate Market Becoming Overvalued?
Canadian real estate agents may have recorded the first year-over-year sales drop in 11 months in March, regional data suggest, as the Vancouver market plunged.

The value of purchases reported by 11 regional real estate boards fell 1.1 percent from a year earlier to C$12.4 billion ($12.4 billion), as the number of homes sold fell 1.4 percent, according to real estate board data compiled by Bloomberg News. Those markets had a 9.1 percent annual rise in value during the prior month.

Policy makers, including Finance Minister Jim Flaherty, have said parts of Canada's housing market have become overvalued as households add to record debt levels, encouraged by historically low mortgage rates. Canadian builders began work in March on the most housing units since 2008, led by condominium construction in Toronto, the country's biggest city, Canada Mortgage & Housing Corp. reported Friday.

At Gay Realty Watch, we look for news to share with you about the gay real estate market - both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from The Daily Transcript

Click here for gay realtors, mortgage lenders, and other real estate professionals in Canada.

If you have a gay real estate story that you'd like to share with us, contact us at info@gayrealtynetwork.com

 

Click Here to Return to the Gayapolis News Section

Published on:  April 15, 2012


Most Recent Articles on Gayapolis.com:

Five Things You Can't Miss in Gay Dallas - March 28, 2015
Up and Coming Bosnia - March 28, 2015
Anti-Gay Mayoral Candidate of Dallas Arrested for Vandalizing City Monuments with '666' - March 28, 2015
Major Businesses Striking Back at Indiana Over Gay Discrimination Law - March 28, 2015
Featured Gay Accommodations: Cuq en Terrasses, Cuq Toulza, France - March 28, 2015
White House Spokesman Speaks Out Against Indiana's Gay Discrimination Law - March 28, 2015
Former Ohio State Wrestling Champion Comes Out - March 28, 2015
State Senate in Arkansas Votes for Bill that Permits Discrimination Against Gays - March 28, 2015
Mayor of San Francisco Halts All City Travel to Indiana Over Indiana's Law that Allows Discrimination Against Gays - March 28, 2015
Announcement - Pandemonia: Combustible, by Darcy Abriel - March 28, 2015

Sign up for free daily news updates from Gayapolis

 

 

 

advertising: 

 


Home - News - Directory - Travel - Weddings - Real-Estate - People - Careers - My Account - Log Out
Linking to Gayapolis - Web Site Services - About Gayapolis - Contact Us - Advertising Information - Usage/Privacy Policy
Purple Roofs Travel Directory - Purple Unions Wedding Directory - Gay Realty Network - Mi Casa Su Casa Home Trade - Mongoose On The Loose Web Design
Contents ©2000-2008 Gayapolis, Inc.