In 2015, many people found the home that they love, and many people found the perfect investment property. Here's how you can become a more informed home owner and investor as well. Read below,
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In Q4 2015, between September to December, there were over 2400 homes sold between the price of a hundred fifty thousand and two million Canadian. Although total transactions were down 33% from Q3, absorption of existing inventory is still healthy, at 3.5 months. In general, we are experiencing a weak buyer's market, with average sold price down by ten thousand Canadian dollars. The majority of transactions are in the range of a hundred fifty thousand and seven hundred thousand.
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