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:

Former Employee Suing Little Caesars for Failing to Provide Health Benefits to His Husband - August 28, 2014
Actor Daniel Franzese Joins Cast of 'Looking' - August 28, 2014
Anti-Gay Greek MP Makes Gay Slur Towards Gay Luxembourg PM - August 28, 2014
Transgender Woman Ordained as Baptist Minister in DC - August 28, 2014
Adoption by Gay Parents of Child Born to Surrogate Recognized in Switzerland - August 28, 2014
The Day of 900 Stairs - August 28, 2014
New Season of 'Survivor' to Include Gay Couple - August 28, 2014
Detroit Couple Says Mail Not Being Delivered Because They are Gay - August 28, 2014
Eating Out: New York City - August 28, 2014
Gay Travel: Chicago's Reeling Film Festival to Celebrate 32nd Anniversary - August 28, 2014

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.