Please feel free to post any comments… Source: Canadian Real Estate Association
Read More »Tag Archives: Market Prediction
Friday thought and New Toronto Condos
All great achievements take time! Every big accomplishment is a series of little accomplishments. To achieve maximum success you must accept that progress is made one step at a time. A building is built one brick at a time. Football games are won one play at a time. A business grows bigger one customer at a time. You walk over …
Read More »House market expected to accelerate in 2010, RE/MAX
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 …
Read More »Every Failure Is A Step Closer To Success
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 …
Read More »TREB Economic Commentary
Release Date: September 10, 2009 Statistics Canada, New Motor Vehicle Sales Source: Statistics Canada Full Report
Read More »Surge in Residential Home Sales
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, …
Read More »Housing market in the Greater Toronto Area
RE/MAX Ontario Atlantic Canada Inc. Toronto Real Estate Board stats for October created some heated dialogue in the industry in recent weeks. While many believe that the dismal statistics reflect the recent volatility in financial markets, some are now asking if they also identify an emerging trend in the Greater Toronto Area. The simple answer is no. Although there are …
Read More »Resale Housing Market Still Healthy, Experts Say at Toronto Real Estate Board Meeting
October 28, 2008 — More than 1,100 Greater Toronto REALTORS® gathered to hear Canada’s top experts talk about the future of the housing market at the Toronto Real Estate Board’s 88th Annual General Meeting October 27th. The following panelists covered a range of topics on the future of real estate: Don Lawby, President and Chief Operating OfficerCentury 21 Canada Limited …
Read More »Bank of Canada cuts interest rate
SOURCE TORONTO (AP) — Canada’s central bank cut its key interest rate by a quarter-point on Tuesday, saying Canada needs the stimulus to ward off the effects of a United States already in recession and a global economy heading there. The cut to 2.25 percent Tuesday follows an unscheduled half-point reduction Oct. 8 in co-operation with other major central banks …
Read More »U.S. recession would drag Canadian housing market lower: economist
LORI MCLEOD Globe and Mail Update September 30, 2008 at 1:00 PM EDT If the United States falls into a deep and prolonged recession it will drag the Canadian housing market lower and push back its recovery, says Benjamin Tal, senior economist at CIBC World Markets Inc. Each day that probability seems to be drawing closer, and it’s causing understandable …
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