Government of Canada Bonds
Bond Type
July 29, 2009
August 12, 2009
August 26, 2009
1 year Treasury Bill
0.59%
0.57%
0.53%
3 year Benchmark Bond Yield
1.94%
1.80%
1.79%
5 year Benchmark Bond Yield
2.66%
2.62%
2.65%
10 year Benchmark Bond Yield
3.53%
3.52%
3.39% ...
Posted by Constantine Isslamow
on September 4, 2009
Total New Housing Starts (Seasonable adjusted and annualized)
Province
May 2009
May 2008
June 2009
June 2008
July 2009
July 2008
Newfoundland/Labrador
2,800
2,900
2,900
2,800
2,900
1,800
PEI
800
700
1,000
600
600
400
Nova Scotia
2,900
3,800
2,700 ...
Posted by Constantine Isslamow
on September 4, 2009
Average MLS resale price for local markets
City
July 2008
July 2009
Halifax
$236,514
$243,524
Saint John, NB
$154,273
$156,010
Montréal
$272,039
$280,890
Ottawa
$295,134
$300,635
Toronto
$371,410
$395,414
Hamilton/Burlington
$281,580
$296,591 ...
Posted by Constantine Isslamow
on September 4, 2009
Housing Affordability Index
Standard Two-Storey
Average Price
Qualifying Income
Affordability Measure
Province
Q1 2009
Y/Y % ch.
Q1 2009
Q4 2008
Q1 2009
British Columbia
530,500
-6.3
107,600
72.7
65.3
Alberta
358,800
-9.7
80,900
42.3
36.2 ...
Posted by Constantine Isslamow
on September 4, 2009
Tip #21
LISTING STRATEGIES (2)
What “benefits” does the seller want from the home-selling experience?
It’s not that complicated however, it is very important that you stay keenly focused around this at the listing presentation.
To sell the house.
The highest price.
The least amount of inconveniences, and
The least amount of hassle.
How do you communicate to a seller ...
Posted by Constantine Isslamow
on September 4, 2009
Tip #22
LISTING STRATEGIES (3)
Getting listings will be one of your toughest objectives to overcome and learn. You will face learning “new” skill sets for any of the following in all your daily activities and in your career. So why then is getting listings tougher?
You have to be more skilled! Here are the critical steps to getting listings.
You have to prospect ...
Posted by Constantine Isslamow
on September 4, 2009
After a brutal downturn, Canada's economy eked out growth of 0.1 per cent in June – the first monthly increase in the gross domestic product since July, 2008. Economists took this as a sign that the economy is finally turning the corner, but cautioned that the recovery is fragile.
One month of growth certainly does not by itself herald an end to the recession but there are plenty of indications ...
Posted by Constantine Isslamow
on August 31, 2009
Tip #19
PRESENTING AND NEGOTIATING THE OFFER
Let’s set the stage:
You’ve written the offer and it’s time to present it to the sellers. Do you simply fax it over to the listing agent and await their response?
Let me ask you this, is that truly representing the buyer? Of course not.
Call the listing agent and let them know you would like to personally present the ...
Posted by Constantine Isslamow
on August 29, 2009
Tip 20
LISTING STRATEGIES (1)
Why do we want take more listings? Think of the following benefits.
Schedule Management: You can work with a buyer for hours, days and even months, and never get a sale. When you are working with buyers, you are working for all the other Sales Representatives in your marketplace trying to sell their listings. When you work with sellers, ...
Posted by Constantine Isslamow
on August 29, 2009
New U.S. home sales surged 9.6 per cent in July, rising for the fourth straight month and beating expectations as the housing market marches steadily back from its historic downturn.
The Commerce Department said Wednesday that sales rose to a seasonally adjusted annual rate of 433,000 from an upwardly revised June rate of 395,000. Sales are now up more than 30 per cent from the bottom in January, ...
Posted by Constantine Isslamow
on August 26, 2009