03-17-2010, 08:42 AM
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#731
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Franchise Player
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http://www.househunting.ca/buying-ho...6-402cf3aab1ab
Quote:
Sales of existing homes declined for a second straight month, with a 1.5 per cent month-over-month drop in February on a seasonally adjusted basis. This followed a 3.8 per cent decrease recorded in January .....
Meanwhile, the number of new listings - an indication that homeowners are looking to capitalize on demand - climbed 2.4 per cent, marking the fifth straight month that housing supply grew. The amount of housing inventory in February stood at 5.2 months, well below where it was a year ago, at 8.8 months, but on par with 2008 levels.
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Last edited by Canada 02; 03-17-2010 at 08:45 AM.
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