Local real estate market softens; Average price paid for a home falls, along with number of sales It's officially a buyers' real estate market. For the first time in more than five years, the average price paid for a home fell month over month in October. Read More   Urbanation's Q3-2008 Toronto Condominium Market Highlights The Toronto condominium apartment market in Q3/08 was on pace with 2005 and 2006 in terms of new unit sales, according to the latest data from Urbanation. Urbanation Editor & Executive Vice President, Jane Renwick said, "The Toronto condo market is showing signs of softening, indicating that the 'go-go' market of the past few years has returned to more normal levels, as Canada feels the effects of a so-far-mild slowdown. "Compared to the steep declines in the U.S. housing industry, and... Read More   Building permits rise in September after August drop: StatsCan OTTAWA - Statistics Canada says municipalities issued $6.5 billion in building permits in September, 13.4 per cent more than in August. Read More   Local housing market is holding its own Call it the triumph of the technology triangle. Waterloo Region's housing market will experience some declines next year, but they won't be nearly as bad as the rest of the province, the Canada Mortgage and Housing Corp. said yesterday at its annual housing outlook conference in Kitchener. The corporation's analysts predicted that the region will see a 6.2-per-cent decline in existing home sales in 2009. At the same time, housing starts are expected to rise 3.5 per cent, thanks in part to new... Read More

More... Developers and realtors playing Let's Make a Deal; Trips, TVs and cars are up for grabs as housing. Analysis of the Resale Market/Third Quarter of 2008: Montreal Resale Market Remains Active No support for MasterBuilt rumours Housing starts to retreat sharply Housing starts to moderate in 2009 RBC survey finds homebuying intentions hold steady Home renovations in Quebec may increase moderately, finds RBC survey Canada's housing mirrors troubled U.S. market with two year delay: economist Interest in condo tower high despite economy; Units not geared toward first-time buyers Waiting for first condo project to fail; Experts say it's matter of time until the credit crunch...

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