Real Estate Housing Market Grows in both FSBO and Agent Sales
Tuesday, June 5th, 2007The housing market in Canada is setting a record pace this year. Both ByTheOwner.com sales and mls.ca sales have increased in 2007.
It was reported that mls.ca sales increased 1.5% in April 2007. Year-to-date sales of homes by agents have increased 6.7% so far this year.
ByTheOwner.com’s sales have also increased. April’s sales grew by 52% from 314 private sales in 2006 to 482 private sales in 2007. Year-to-date, ByTheOwner.com’s sales have increase 42% from 1544 private sales in 2006 to 2196 private sales in 2007.
Both ByTheOwner.com and mls.ca are on pace to break home sales records in 2007. Mls.ca is forecast to pass 500,000 sales in Canada and ByTheOwner.com is forecast to pass 5,000 sales. It is important to note that ByTheOwner.com’s full service is available only in Ontario, Quebec, and BC. This means that ByTheOwner.com accounts for more than 1% of all sales in those provinces.
