Following are the key Toronto Real Estate Boards’ housing stats that were published yesterday for your review. The new charts are designed to showcase key indicators about Toronto’s residential Real Estate Market in a visual presentation. Following are some points worth noting: Sales for June 2010 were lower than June 2009 but almost at the same level at 2008 which hasn’t been …
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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 …
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