The last few months of national, provincial and municipal housing stats suggest there is a slump in housing sales. Is this the bursting of the housing bubble? Or is it simply because real estate is expensive?
Fifty-two per cent of single Canadians said economic uncertainty and expensive home prices are the biggest factors in their decision not to purchase a home, according to a recent Re/Max survey conducted by Leger.
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
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