Canadian home sales are up slightly as prices continue to fall in Februaryin a potential sign that buyers are adjusting to higher interest rates, reports Rachelle Younglai.
The Home Price Index, which adjusts for pricing volatility, reached $704,300 last month, a 1.
, and the drop is actually worse once inflation is factored in. In real, or inflation-adjusted terms, national house prices have fallen nearly $168,000, a more-than-19-per-cent decline.Zoon MediaHome of the Week, 530 Crescent Rd. NW CalgaryHome of the Week, 530 Crescent Rd. NW CalgaryHome of the Week, 530 Crescent Rd. NW CalgaryHome of the Week, 530 Crescent Rd. NW CalgaryHome of the Week, 530 Crescent Rd. NW CalgaryHome of the Week, 530 Crescent Rd. NW CalgaryHome of the Week, 530 Crescent Rd.
On the very back of the house is a screened-in back deck and an office workspace. Sitting in the office, you can turn around and look straight through to the front terrace and beyond. “The idea was, wherever you are, you have a view to the downtown,” the owner said.
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