Helping Buyers and Sellers of Homes in Oshawa, Whitby, Courtice, Bowmanville, Newcastle and the surrounding areas
OTTAWA – May 9, 2011 – The Canadian Real Estate Association (CREA) has revised its forecast for home sales activity via the Multiple Listing Service ® (MLS ® ) Systems of Canadian real estate Boards and Associations for 2011 and 2012. National sales activity is now expected to reach 441,100 units in 2011, a decline of 1.3 per cent from 2010
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CREA Updates Resale Housing Forecast
But majority of Ontarians concerned that home ownership will be more difficult in the future TORONTO, April 20 /CNW/ – The dream of home ownership is alive and well among Ontario renters, with 70 per cent reporting that they would like to buy at some point in the future, according to a poll released today by the Ontario Real Estate Association (OREA). However, the poll also revealed that 81 per cent of Ontarians believe it is more difficult to own a home now than it was for their parents, and 89 per cent of Ontarians in general are concerned that home ownership will become even more difficult in the future.
OTTAWA – April 15th, 2011 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity held steady in March 2011 compared to February. Seasonally adjusted national home sales activity in March came in one tenth of a percentage point above levels for the previous month, with stable demand in most large urban centres. With national sales in each of the first three months of 2011 running close to their five- or ten-year monthly averages, seasonally adjusted national sales activity in the first quarter of 2011 was up 4.5 per cent from levels recorded in the fourth quarter of last year, and reached the highest quarterly level in a year.
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National home sales hold steady in March
Signals potential interest rate hikes ahead The Bank of Canada held its trend setting Bank rate at 1.25 per cent on April 12, 2011. This marks the fifth consecutive policy rate announcement for which interest rates have been kept on hold. The Bank acknowledged broadening global inflationary pressures and that Canadian economic growth has come in stronger than it predicted in its January Monetary Policy Report (MPR)
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Bank of Canada holds key rate at 1%
DURHAM REGION, April 5, 2011 – The Durham Region Association of REALTORS® reported 981 sales of homes during March, a 5% increase from 653 sales in February and is only down 1.1% from 1110 sales in March of 2010 when consumers were concerned about purchasing before the HST was implemented.
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Spring Market Heating Up
Ottawa – March 15th, 2011 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity in February 2011 ran close to the five-year average for the month, continuing a theme that has characterized the past four months.
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Average February for Canadian home sales
DURHAM REGION, March 8, 2011 –Home sales in Durham Region climbed by 29% from 505 in January to 653 in February reported Dierdre Mullen, President of the Durham Region Association of REALTORS®. This still represents a reduction of 20% from 819 sales in February of 2010 when there was a rush on to purchase before the implementation of HST.
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Steady Spring Market
OTTAWA – February 15th, 2011 – National resale housing activity climbed further in January 2011, according to statistics released today by The Canadian Real Estate Association (CREA). Seasonally adjusted national home sales activity rose 4.5 per cent in January 2011 compared to the previous month, reaching the highest level since April 2010
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Resale housing market shows further improvement in January
Hwy 407 RAMP it up! campaign continues to drive forward Oshawa Mayor’s road tour takes him to Markham on Tuesday, February 8 OSHAWA – The City of Oshawa’s RAMP it up! Hwy 407 East Extension campaign continues to drive forward. Week three begins with Oshawa Mayor John Henry visiting the Town of Markham on Tuesday, February 8 to ask municipal Council to support the expedited construction of the Hwy 407 East in one continuous phase from Brock Road in Pickering to Hwy 35/115
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Hwy 407 RAMP it up! Campaign continues to drive forward!
OTTAWA – February 8, 2011 – The Canadian Real Estate Association (CREA) has revised its 2011 forecast for home sales activity via the Multiple Listing Service ® (MLS ® ) Systems of Canadian real estate Boards and Associations, and extended it to 2012.
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CREA Boosts Annual Resale Housing Forecast