News

House sales fall to decade low

Friday 13th of August 2010

Nationwide sales slipped to 4,411 last month from 4,575 in June and were down 26.7% year-on-year, according to the REINZ. That's still higher than the record low of 3,666 sales in January.

The REINZ Monthly Housing Price Index showed nationwide prices also fell in July, down 1.2% to 3191.5 from June. In the three months to July, the index shows housing prices decreased by 1.1%...

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