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 »Tag Archives: Real Estate Prediction
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 »First-time buyers driving force in Canada’s residential real estate markets, says RE/MAX
Entry-level purchasers are now the engine driving home-buying activity in almost every major centre in Canada, according to a recent report released by RE/MAX. The 2009 RE/MAX First-Time Buyers Report, highlighting first-time buying activity in 32 residential housing markets across Canada, found that improved affordability is prompting many first-time buyers to get off the fence, out of the rental, and …
Read More »Threat of global recession hinders home sales in major Canadian housing markets in 2008 and 2009, says RE/MAX
Mississauga, ON (December 3, 2008) ?? Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres during the latter half of 2008. Although the forecast for 2009 promises more of the same, most markets are expected toweather the storm, says RE/MAX.The RE/MAX Housing Market Outlook for 2009 examined residential real estate trends in 22markets across …
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 …
Read More »Month in Review – April 2008
Well, another month has come and gone (hard to imagine it’s already May with cold weather) and I’ve just posted the detailed report issued by Toronto Real Estate Board on my website. This month I wanted to take a moment and dissect the report with my online subscribers. The report, as predicted, shows the real estate market slowing down and …
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