Housing sales were down 30% in July from a year ago, and the Canadian Real Estate Association blames the drop on the new harmonized sales tax in Ontario and British Columbia.  The Ottawa-based group, which represents 100 real estate boards across the country, said July sales fell 6.8% on a seasonally adjusted basis from the previous month, a decline “almost entirely the result of fewer sales in British Columbia and Ontario,” where the HST went into effect on July 1.   To read the full article by the National Post click here .

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

Tags: Calgary Homes for Sale, Calgary Market Evaluation, Calgary Real Estate, HST Blamed for Drop in Sale Across Country, Jeff Campbell