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July 2013

Found 2 blog entries for July 2013.

Royal LePage forecasts modest house price gains for remainder of 2013, as Canadian housing emerges from current market cycle

July 23, 2013 – The average price of a home in Canada increased between 1.2 per cent and 2.7 per cent in the second quarter of 2013, according to the Royal LePage House Price Survey and Market Survey Forecast.

According to the survey, markets across the country continue to post gains. In the second quarter, standard two-storey homes and detached bungalows both showed a year-over-year average price increase of 2.7 per cent to $419,614 and $386,547, respectively. Average prices for standard condominiums showed a more modest increase during the same period, rising 1.2 per cent to $248,750. Royal LePage forecasts that house prices

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JUNE SALES EXCEED EXPECTATIONS

Too soon to see impact of ood on resale statistics...

Calgary Real estateCalgary, July 2, 2013 – Sales activity in June exceeded growth expectations. City of Calgary monthly residential sales totaled 2,317, a six per cent increase over June 2012 gures, and nearly five per cent higher than levels recorded in the rst half of 2012. However, the impact of recent flooding is expected to trickle into the housing statistics over coming months.

Sales and prices continue to show improvement, the city and residents of communities impacted by the recent flooding will face signicant remediation challenges over the coming months. Until the extent of the damage is known, it is difficult to accurately assess the full impact this will have on the

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Re/Max, CREB Certified Condominium Specialist