Posthaste: Canada's luxury housing market falls 'back to reality' from heady heights

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Economic headwinds and a surge in summer travel kept luxury property buyers and sellers on the sidelines in the third quarter. Find out more.

Financial Post Top Stories

Sales and listings of homes priced above $1 million fell across the country in the third quarter of 2022, as both buyers and sellers sat on the sidelines amid a weakening economy, bringing the market “back to reality,” according to Sotheby’s International Realty Canada’s latest luxury real estate report, released this morning.

Additionally, a surge in summer travel drove more sellers to retreat from the market, keeping inventory levels even lower than usual in what is typically a slower time of the year for real estate activity.Article content Vancouver’s market also came off the boil in the third quarter. Inventory “evaporated” and sales of homes above $4 million fell 51 per cent from the record set last summer. Sales of residences priced over $1 million declined 37 per cent. In September alone, transactions of homes on the market for $1 million or more fell 70 per cent year over year, Sotheby’s said.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 43. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Posthaste: Canada's luxury housing market falls 'back to reality' from heady heightsEconomic headwinds and a surge in summer travel kept luxury property buyers and sellers on the sidelines in the third quarter. Find out more.
ソース: calgaryherald - 🏆 64. / 52 続きを読む »

Posthaste: Canada's luxury housing market falls 'back to reality' from heady heightsEconomic headwinds and a surge in summer travel kept luxury property buyers and sellers on the sidelines in the third quarter. Find out more.
ソース: nationalpost - 🏆 10. / 80 続きを読む »