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The real estate market in Canada and Mississauga has been fueled by first time homebuyers in a strong seller’s market. Here is a summary of the real estate market in Canada for 2009. Thinking of selling your [...] Nr Mid Month 0110 Thinking of selling your home in the next 3 to 6 months? Would you like a Complimentary & Over-The-Internet Home Evaluation ? Residential sales rose 28 % year over year, across most of the major markets across Canada. At the end of November, there was only 4 months of inventory available. Most of Canada are experiencing a strong seller’s market with prices increasing. Typically, January and February are the slowest months in real estate but we think [...] The Mississauga and surrounding areas real estate market, ended the year on a high note. As you can see from the charts below, real estate sales started off lower in January 2009 but finished on a strong note in December 2009. In 2009, there were 87,308 MLS transactions which represented a 17 per cent increase [...] The November average sale price of residential properties across the Greater Toronto Area dropped in November, as was expected, with the average price coming in at $418,460. But no need to panic as this was still up 14% from last year, when the market had taken a severe dip. |
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