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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 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

DURHAM REGION December 3, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 661 sales in November, a 4% decrease from the previous month of October and 5% less than November 2009. Although the number of available listings were not as high as earlier in the year, there were still 1,748 homes listed on the Multiple Listing Service® (MLS®) system in November, close to 10% higher compared to both November 2009 and year-over-year totals to date. “This has been an exceptional year within the resale housing market and 2010 is lining up to be a record year” explains Dierdre Mullen, President of the Durham Region Association of REALTORS®.

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November Resale Home Sales Slow But Steady

 OTTAWA – October 15th, 2010 – National resale housing activity edged higher for a second consecutive month in September 2010, according to statistics released by The Canadian Real Estate Association (CREA). Combined with a falling supply of homes on the market, the number of months of inventory also declined for the second consecutive month.

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National resale housing market further stabilizes

DURHAM REGION – October 6, 2010 – The Durham Region Association of REALTORS® reported 707 sales through the Multiple Listing Service® (MLS®) in September 2010. Although 14% less than the September 2009 sales total of 825, these totals still result in 2010’s first three quarters of sales being 5.5% higher than the same period in 2009

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September Sales in the Durham Housing Market Remain Steady

DURHAM REGION – July 6, 2010 – The Durham Region Association of REALTORS® reported 920 sales through the Multiple Listing Service® (MLS®) during the month of June, a decrease of 17.5% from the record 1,115 sales reported in June 2009.   “At the mid-point of 2010, sales are still up 23% over the first six months of 2009, but sales numbers are beginning to trend downwards as the market settles from its earlier 2010 peaks, influenced by the prospect of higher mortgage rates, the HST and the usual summer slow down.” commented Dierdre Mullen, President of the Durham Region Association of REALTOR®. With 2,461 active resale home listings in June, the mid-year 2010 total of 10,163 listings is also up 18% annually, while the average June selling price of $304,278 came in 8% higher than the average for the same period in 2009.

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Anticipated Summer Slow Down of Resale Housing Market

DURHAM REGION – June 4, 2010 – The Durham Region Association of REALTORS® reported 1,027 sales through the Multiple Listing Service® (MLS®) during the month of May which is at par with last year’s 1,026 sales for the same month, but reflects a decrease from the high sales totals seen in both March and April of this year. Meanwhile, active listings remain on the rise with May offering up 2,600 available resale home listings, 1% higher than May of 2009 and the highest amount seen so far this year. “We can now see the forecasted trend of increased available listings coinciding with a decrease in the substantial sales of the prior few months.

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May Sales Remain High for Durham Resale Housing Market

According to statistics released by The Canadian Real Estate Association, existing home sales activity remained upbeat in November 2009. The current strength of housing demand stands in sharp contrast to weak activity recorded one year ago.

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Existing home sales activity remains strong in November