February 10, 2010, Vancouver
CENTURY 21 Canada launches Chinese language platform on Century21.ca
– Century21.ca is the first nationally-branded real estate website in Canada to enable property searches and listings in Chinese, in addition to English and French. Please click here
Posted by Martin Minda
on February 10, 2010
Resale housing forecast extended to 2011
OTTAWA – February 8, 2010 – The Canadian Real Estate Association has revised its forecast for home sales via the MLS® Systems of Canadian real estate boards in 2010, and extended the forecast to 2011. Please see here for full article
Posted by Martin Minda
on February 8, 2010
Sales Start Off Strong in 2010 February 3, 2010 -- Greater Toronto REALTORS® reported 4,986 transactions through the Multiple Listing Service (MLS®) in January 2010. This result represented a large increase over the 2,670 sales in January 2009 when the home sales were in a recessionary trough. See details.
Click here for complete Market Watch. pdf
Posted by Martin Minda
on February 5, 2010
Today, Canadian Association of Accredited Mortgage Professionals (CAAMP) released a report entitled Revisiting the Mortgage Market – Risk is Small and Contained based on new research using data collected from its corporate members. The findings strongly suggest that Canadian mortgage lenders and borrowers are extremely prudent with their borrowing and lending. For full article please click here
Posted by Martin Minda
on January 14, 2010
December 18, 2009 -- While low interest rates have enhanced affordability, they are only one factor contributing to the market’s strength. The steady stream of newcomers to the Greater Toronto Area, all of whom have housing needs, are another important factor says Tom Lebour the President of the Toronto Real Estate Board in his column in the Toronto Star. Please click here for full article ...
Posted by Martin Minda
on December 23, 2009
GTA Home Sales Remain Strong in November December 3, 2009 -- Greater Toronto REALTORS® reported 7,446 sales in November – slightly more than double the November 2008 result when GTA home sales had dipped markedly due to the economic downturn. Year-to-date sales were up 14 per cent compared to the first 11 months of 2008. See details.
Click here for complete Market Watch. pdf
Posted by Martin Minda
on December 15, 2009
OTTAWA – December 15th, 2009 –According to statistics released by The Canadian Real Estate Association, existing home sales activity remained upbeat in November 2009. The current strength of housing demand stands in sharp contrast to weak activity recorded one year ago. Please click here to view full article
Posted by Martin Minda
on December 15, 2009
Monthly MLS® home sales activity continues to run strong, with new monthly records set in July, September, and October. This has prompted The Canadian Real Estate Association to revise its MLS® home sales forecast for 2009 and 2010. For full story click here......
Posted by Martin Minda
on November 16, 2009
According to The Canadian Real Estate Association, sales activity reached the highest level ever for the month of October.
Residential sales activity via the Multiple Listing Service® (MLS®) of Canadian real estate boards numbered 42,288 units. This is up 41.5 per cent compared to October 2008, when news of the global financial crisis hammered consumer confidence. New records for the month ...
Posted by Martin Minda
on November 16, 2009
Housing starts have started to recover and are expected to continue to improve in the second half of 2009 also demand for existing homes has rebounded since the beginning of the year. In addition, lower inventory levels characterize both the new and existing home markets which should result in stronger 2010 activity. Please click here for full story
Posted by Martin Minda
on November 2, 2009