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OTTAWA – August 16, 2011 – According to statistics 1 released today by The Canadian Real Estate Association (CREA), national resale housing activity was stable on a month-to-month basis in July following an uptick in June. Highlights: • Sales activity was stable from June to July, but posted a big year-over-year gain due to weakened demand in July 2010. • Year-to-date sales continue to run in line with the ten-year average.

Originally posted here:
Canadian home sales stable in July

The DRAR Blog has moved to http://www.durhamrealestate.org/news.cfm Please check it out and subscribe to recieve all the latest news and updates!

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The DRAR Blog has Moved!

OTTAWA – July 15, 2011 – According to statistics released today by The Canadian Real Estate Association (CREA), home sales activity over MLS® Systems of Canadian real estate Boards climbed in June 2011 compared to May.

Excerpt from:
Canadian home sales pick up in June

DURHAM REGION, July 6, 2011 – The Durham Region Association of REALTORS® reported 1,046 sales for the month of June, a slight increase from 1,040 in May. This represents a 13.7% increase from June 2010 when there were 920 sales.

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DURHAM HOMES ARE IN DEMAND

The first time home buyer land transfer tax (LTT) rebate is out of date. Due to increasing home prices, the rebate no longer covers the average LTT bill for first time home buyers. Instead, they pay almost $1,500 in LTT after receiving the rebate

Link:
REALTORS®: A FAIR LTT REBATE FOR FIRST TIME HOME BUYERS

OTTAWA – June 15th, 2011 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable in May compared to April. Highlights: • Sales activity held steady from April to May, but posted the first year-over-year gain in over a year due to falling demand in May 2010. • Year-to-date sales are in line with the ten-year average

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Canadian home sales stable in May

Ottawa, ON – June 9, 2011 – Last night, The Canadian Real Estate Association (CREA) won an IABC (International Association of Business Communicators) Ottawa Excel Award of Merit for its fall 2010 advertising campaign.

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The Canadian Real Estate Association wins advertising award at the IABC Ottawa Excel Awards

DURHAM REGION, June 3, 2011 – Durham REALTORS® reported 1,040 sales for the month of May, an increase of 9.6% over last month and represents a small increase of 1.3% over May 2010. The average selling price in Durham Region for May was $316,057 down slightly from last month when we saw an average selling price of $321,042. However, when looking at the historical data, the average selling price of houses in the Durham Region has been steadily increasing over the last 5 years

See more here:
Spring Market Starts to Bloom

DURHAM REGION, June 2, 2011 – The dream of home ownership in the province of Ontario is alive and well.

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REALTORS® URGE CANDIDATES TO STRENGTHEN HOME OWNERSHIP

OTTAWA – May 17th, 2011 – Statistics released today by The Canadian Real Estate Association (CREA), reveal that national resale housing activity softened in April when compared to March 2011. The decline in April sales activity reflects changes to mortgage regulations that came into effect previously

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Canadian home sales edge down in April