The association says sales through the Multiple Listing Service fell 4.6 per cent compared with a year ago to their lowest level for March since 2013.
CREA says sales in B.C., Alberta and Saskatchewan were more than 20 per cent below their 10-year average for the month, while Quebec and New Brunswick were well above-average.Meanwhile, the average sale price fell 1.8 per cent on a year-over-year basis to $481,745. Excluding the Greater Vancouver and Greater Toronto Area, two of the country's most active and expensive markets, the average price was just under $383,000.
Wait till next year they will be at rock bottom sales so its time tto wait out.
Yet Toronto and GTA prices continue to rise.
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Average house price fell 1.8 per cent to $481,745, CREA saysThe Canadian Real Estate Association says home sales in March fell compared with a year ago while the average sale price also moved lower. House prices are insane where I am. If you want a move in ready you're looking at minimum $350,000 By this time next year they will be at rock bottom prices, better to hold off the purchases. Just wait until Boomers, who have their savings tied into their homes, start selling.
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