Here are the links we have found for the past week with regard to real estate and the economy on both sides of the border. You'll see that there is not a lot of regional updates - as we teeter on the end of the month - and most of our sources seem to be waiting to provide statistics as of the end of the month.
Friday night at our Annual Awards Night - our office conveyancer let us know that Friday had been a busy day for deals being turned in - and we look forward to seeing what that plays out like in the next few weeks as subjects get removed (or not!)
The biggest news in local real estate this week was the increase in foreclosure listings. I will be writing a separate post about that after my Open House this after noon - I am sitting in for Team BC up on Tabor Drive - there are 4 C21 Open Houses in this Foothills Neighbourhood between 1 and 3 this afternoon.
Here's what cropped up online this week that snagged our attention:
Red Deer Market March 22 (Century 21 Advantage - Patrick Galesloot)
Home price drop sharpest in Calgary: report (National Post)
Lenders seek Ottawa's aid as thousands risk losing their homes (Globe and Mail)
Real estate watchdog charges two brokers (The Toronto Star)
Century 21 Real Estate First-Time Home Buyer Survey Reveals Increasing Demand Despite Concerns about the Economy -78% Of Potential First-Time Home Buyers Say That Now is a Good Time to Buy (Wall Street Journal)
B.C. businesses slightly more optimistic: CFIB survey (Vancouver Sun)
Warmest regards,
Brell
Brenda Ellis~REALTOR with OkanaganHeat at Century 21 Executives Realty Ltd.
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