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The truth buried beneath the stats: Buyers are looking for a bargain

Posted by Arshad Rashed on Tuesday, September 7th, 2010 at 9:27am.

How come new low-rise home sales in the GTA in July dropped almost to mid-recession levels? How come the volume of resale home sales in July fell 34 per cent from the same month last year and new listings dropped to the lowest level for the month of July since 2002? How come the biggest chunk of new high-rise sales moved from the City of Toronto to the 905 communities in July? And finally, how come, despite all this disturbing news, prices for the average new and resale home – both high- and low-rise – kept ticking solidly upwards?  

Hidden Valley is a community of Calgary, Alberta.  We specialize in Hidden Valley Real Estate . If you have any questions about the Hidden Valley real estate market, or Calgary Real Estate market, Hidden Valley homes for sale, or would like a free market evaluation of your home. Call the Jeff Campbell Team now 403-816-4449 or visit your Hidden Valley Real Estate experts!

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