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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

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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

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.

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Dream of home ownership alive and well in Ontario

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