Well the year closed out with some impressive results. The total sales volume for the Georgian Triangle area was $484,646,974 for the year ended December 31, 2009 as compared to $441,044,393 in 2008 or an improvement of 9.89%. The sales to listing ratio also improved from 28.67% for 2008 to 31.61% for 2009. Lower interest rates and the feeling that the worst was over fueled demand in the ...
Posted by Doug Fraser
on January 9, 2010
Ottawa — Reuters Published on Sunday, Dec. 06, 2009 10:57AM EST Last updated on Sunday, Dec. 06, 2009 4:56PM EST from the Globe and Mail
The Bank of Canada is widely expected to keep its hands off interest rates Tuesday, holding them at near zero and committing to do so until at least July, despite growing evidence the economy is kicking back to life.
Fears of ...
Posted by Doug Fraser
on December 8, 2009
The Canadian Real Estate Association issued the results for the 3rd quarter and they are very positive! This provides comfort to those who are currently home owners and those interested in getting into the market. Its a good read. Enjoy! http://creastats.crea.ca/natl/index.htm
Posted by Doug Fraser
on October 15, 2009
Well September results were higher than the same month last year. It was only marginally higher though with the monthly list to sell ratio softening from 45.88 to 33.69. The softening in the list to sell ratio is the result of more listings over last year. The sales successes of June, July and August brought out some of the Sellers that were sitting on the fence.
It is encouraging that the sales ...
Posted by Doug Fraser
on October 1, 2009
Once again, the monthly numbers are up compared to last year. August saw 217 sales compared to 167 for the same period last year. In addition, the monthly list to sell ratio edged up to 45.88% compared to 33.40%. Year to date figures are still lower than last year at 1205 units compared to 1287 units and a list to sell ratio of 29.47% compared to 30.31% from last year. We are moving towards a ...
Posted by Doug Fraser
on September 12, 2009
It is encouraging to see that the number of sales for both June and July have shown increases over the same month last year. There is a general feeling in the air that the Real Estate market is a fairly safe place to invest.
Interest rates continue to hang lower and there is still a number of properties to chose from in any given segment oif the price spectrum. It is interesting to note that the ...
Posted by Doug Fraser
on August 8, 2009
Thanks to those of you who participateed in The Earth Hour. You sure realize how much we rely on electricity! I know I had a hard time shutting the hockey game off.
It has been difficult to believe that spring is here. The dump of snow we had last week gave a shot in the arm to the ski hills in that area. Most if not all hills have said this is the last weekend. I was out on Friday and the conditions ...
Posted by Doug Fraser
on April 12, 2009
We continue to hear about Global Warming and all the damage that is being done to our environment. Earth Hour 2009 scheduled for March 28th @ 8:30 is a great way to make a small contribution to reducing the carbon footprint around the world. Participation can be as simple as shutting off your home lights for one hour, but it can be expanded to things like taking mass transit. Give it some thought! Check ...
Posted by Doug Fraser
on March 11, 2009
There was an interesting article in the Globe this morning. It was a more positive article and not one of the doom and gloom pieces that have tended to fill the pages of newspapers and magazines of late. Here is the link to the article http://business.theglobeandmail.com/servlet/story/RTGAM.20090226.wporter0226/BNStory/Business/?cid=al_gam_nletter_maropen
If you missed it simply highlight the address ...
Posted by Doug Fraser
on February 27, 2009