Lots of stories relating to first time buyers and a shift in market activity this week on line, on the air and in print media. Her e are links for you to check out regarding Real Estate in the Okanagan, and beyond:
Regional Real Estate News- Real Estate by Numbers:
This Week in North Okanagan Real Estate (OkanaganHeat.com)
February in Red Deer 4th Busiest in Sales this decade (Century21 – Patrick Galesloot)
A Closer Look at Toronto (movesmartly.com)
Real Estate News
First time Buyers – Time to buy in the Okanagan (chbc.com)
Canadian New Home Prices See Sharpest Decline Since 1991 (CEP News)
Canadian Housing Starts Continue to Fall as Demand Softens (CEP News)
Selling your condo presents unique difficulties (Globe and Mail)
Slumping markets take toll on realtors (Toronto Star)
New home prices fall as builders 'burn off inventory' (Globe and Mail)
New home prices fall on sluggish Western markets (CTV)
Drop in house prices driving first-time buyers to take the plunge (Canadian Press)
First-time buyers eye house bargains (Toronto Star)
Housing slump at half-way point: Royal LePage (Toronto Star)
Ontario lawyer disbarred over real estate deal (Globe and Mail)
Alberta leads home price declines (Globe and Mail)
Mortgage penalty can be a shocker (Toronto Star)
Home builders proceed with caution (Globe and Mail)
Economic News
IMF Praises Canada's Prudence and Response to Financial Crisis (CEP News)
IMF dashes hope of short recession (Globe and Mail)
TD predicts 10% unemployment rate (Globe and Mail)
This recession will be different (National Post)
Warmest regards,
Brell,
Brenda Ellis REALTOR with Okanagan Heat.com @Century 21 Executives
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