Market Watch

TORONTO, MARCH 17, 2010 – Greater Toronto REALTORS® reported 4,353 sales through the Multiple Listing Service® (MLS®) during the first two weeks of March.  This represented a 70 per cent increase compared to the 2,562 sales recorded during the same period in 2009 when resale transactions had dipped markedly due to the recession. The mid-month sales total was also 16 …

Housing performance expected to accelerate in 2010,as economic stability returns to Canadian markets, says RE/MAX Fifteen markets to set new records for average price in 2009 In the midst of one of the most tumultuous economic periods in recent history, residential real estate has proven to be a safe harbour, with sales and average price expected to post gains in …

TORONTO, November 18, 2009 – In the first two weeks of November, Greater Toronto REALTORS® reported 3,666 sales – up 84 per cent compared to the first two weeks of November 2008. The average price for these transactions was up 10 per cent year-overyear to $415,066. Increased interest in ownership housing has been widespread throughout the GTA and across all …

People who try to do something and fail are infinitely better than those who try to do nothing and succeed. Experiencing failure is inevitable on your journey to be successful. Each defeat is merely an installment to victory. You’ll find that the number of times you succeed is in direct proportion to the number of times you fail and keep …

Your destiny isn’t a matter of chance, it’s a matter of choice. It’s not something you wait for, but rather something you pursue. Don’t wait for extraordinary opportunities. Seize common occasions and make them great. Opportunities sometimes come disguised in the form of misfortune or temporary defeat. Start where you are. You’re at this moment standing right in the middle …

Release Date: September 10, 2009 Statistics Canada, New Motor Vehicle Sales Source: Statistics Canada Full Report

Mississauga, ON. (July 13, 2009) – Pent-up demand for residential housing has bolstered sales in Canada’s major markets-a clear signal that the housing sector has shifted into recovery mode, says RE/MAX. More balanced market conditions have emerged, effectively ending the stronghold that buyers had on the market over the past six to eight months. Canada’s largest markets, Toronto and Vancouver, …

The month of April flew by without warning. So much was happening in the month that I didn’t get much time to post anything here. My friday thoughts were still sent out via email but I never got the chance to put them up here for your view. Even now, I’m using my Blackberry to write this post. I wanted …

TORONTO, March 19, 2009 – Greater Toronto REALTORS® announced 2,565 transactions inthe first half of March compared to 3,183 during the same period last year. The annual rate ofMLS® sales decline was the smallest in five months.Mid-month March MLS® sales increased compared to the 2,044 sales experienced in the firsthalf of February. MLS® sales follow a recurring seasonal trend, with …

Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to6,015 sales recorded in February 2008. The average home price was $361,305 last monthcompared to $382,048 during the same month last year.“A considerable number of transactions continued to take place in February 2009. Motivatedbuyers and sellers, who were aware that market conditions changed over the past few months,were …