OTTAWA – June 16th, 2010 – Statistics released by The Canadian Real Estate Association (CREA) show that home sales activity and new listings in Canada declined in May.
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May brings lower homes sales and fewer new listings
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DURHAM REGION, JUNE 11, 2010 – Starting July 1, 2010 Ontarians can expect to pay a harmonized sales tax (HST) rate of 13% on a long list of goods and services that were previously exempt from the 8% Provincial Sales Tax (PST). “While the impact of the tax will be felt by all Ontarians, the province’s 3 million homeowners and the thousands who buy and sell a home every year will be hit particularly hard by this latest tax.” commented Dierdre Mullen, President of the Durham Region Association of REALTORS®. “As real estate professionals, REALTORS® know how important the dream of homeownership is to Ontario families.
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HST Affects the Affordability of Home Ownership
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
APRIL HOUSING MARKET CONTINUES TO BE STRONG DURHAM REGION April 20, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 503 sales in the first half of April 2010, an increase of 33% from the 378 sales reported mid-month in April ’09. Year-to-date sales are up a whopping 53% to 2,912 compared to 1,903 sales during the same term in 2009. “The average selling price for single family homes has also experienced a sharp increase over the prior year” Dierdre Mullen, President of the Durham Region Association of REALTORS noted.
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APRIL HOUSING MARKET CONTINUES TO BE STRONG!
DURHAM REGION – February 23, 2010 – Over recent years, Members of the Durham Region Association of REALTORS® have held Christmas Charity Auctions with proceeds being presented to the various Lakeridge Health facilities within Durham Region.
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REALTORS® Raise Funds for Bowmanville Hospital
Ottawa – February 1, 2010 – On behalf of Human Resources and Skills Development Minister Diane Finley, Rob Moore, Minister of State for Small Business and Tourism, joined today with Canadian Real Estate Association (CREA) CEO Pierre Beauchamp to announce that self-employed REALTORS® can now participate in the Employment Insurance (EI) program. “From coast-to-coast-coast, a large majority of REALTORS® are self-employed,” says Mr. Beauchamp.
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REALTORS® welcome EI benefits for Self-Employed
Unusual Hot Market for January DURHAM REGION – January 19, 2010 – Durham Region Association of REALTORS® (DRAR) reported a 66% increase in sales of 191 in the first half of the month from 115 during the same time last January.
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Hot Market for January
FOR IMMEDIATE RELEASE December 21, 2009 DURHAM REGION ASSOCIATION OF REALTORS® ANNOUNCE NEW PRESIDENT FOR 2010 DURHAM REGION DECEMBER 21, 2009 – The Durham Region Association of REALTORS® (DRAR) is pleased to announce that Dierdre Mullen will be the President for 2010. Dierdre, who is with Coldwell Banker RMR Real Estate in Whitby, has been an active member of DRAR since March 2004. She is also an active volunteer with the Canadian Red Cross Disaster Management Team and was previously a Director of Administration for the Canadian Red Cross. Dierdre was Chair of both the Office Representatives Program and the Charity Auction Task Force in 2009. Her objective as DRAR’s President is to work on behalf of the Members by participating in planning, establishing direction, making policy decisions and other related functions of the Board of Directors. Specifically, she is planning on continuing with Focus Groups with brokers and salespeople that were such a success in the previous year, and also hopes to start a Young Professional Group where the focus will be on mentoring new salespeople. She also intends to continue the open door policy that 2009 DRAR President Debbie Dawson, Century 21 Infinity Realty Inc., encouraged to all Members. “I look forward to working on [DRAR Members’] behalf over the next 12 months”. On behalf of DRAR’s Board of Directors and Members, the Association would like to congratulate Dierdre on her new position, and wish her tremendous success in the coming year.
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2010 DRAR President
According to The Canadian Real Estate Association, sales activity reached the highest level ever for the month of October.
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October a record breaking month for MLS® resale housing market