InterNACHI… #1 in Alberta.
No work in the oil patch…become a home inspector
No work in the oil patch…who’s got $$$$$ to buy homes???
Neither of the above statements are true.
Home sales dropped when the melt down happened and the demand for inspections went up. It’s still a buyers market hence more inspections. When the market was over heated and a sellers market inspections were way down. When eight buyers were lined up to buy the house 24 hours after listing, the buyers that wanted an inspection did not get the house. The buyer with the least conditions and most money got the house.
You have a secret set of stats that are better than CREA’s??
Published June 2, 2010 Uncategorized Leave a Comment
Tags: residential housing market; The Canadian Real Estate Association
OTTAWA – June 2, 2010 – The Canadian Real Estate Association (CREA) has lowered its forecast for home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations. The revision reflects a weaker than expected start to the year in British Columbia, and recent developments that pulled forward the timing as to when sales are expected to ease in other provinces.
National activity is forecast to reach 490,600 units in 2010, up 5.5 per cent from 2009 and the second highest annual level on record. Lower expected activity in British Columbia accounts for more than half of the downward revision in national sales activity. Annual activity in Alberta was also revised downward due to weaker than expected activity in the first quarter. Ontario is still expected to see a record number of sales in 2010, but by a smaller margin than previously forecast.
Interest rate increases will contribute to weaker national sales activity in 2011. Transactions via the MLS® Systems of Canadian real estate Boards are forecast to decline 8.5 per cent to 448,700 units in 2011. Although this is a similar percentage decline compared to CREA’s previous forecast (-7.1 per cent), the downward revision in national activity levels for 2010 means that the forecast level for sales activity in 2011 has also been revised downward.
"Home sales continue to cool in June
**** OTTAWA – July 15th, 2010 – Statistics released by The Canadian Real Estate Association (CREA) show that the number of newly listed homes and sales activity declined in June 2010.
Seasonally adjusted national home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards receded 8.2 per cent in June from the previous month. Led by lower activity in Toronto and Calgary, sales declined in almost 70 per cent of local markets."
Like I said it’s a buyers market.
A buyers market means more inspections.