Low inventory levels set stage for heated Spring market in most major Canadian centres, says RE/MAX
Active listings down in 81 per cent of markets in January
Lack of inventory will be the greatest challenge facing housing markets across the country this Spring, according to a report released by RE/MAX. The RE/MAX Market Trends Report 2010, which examined real estate trends and developments in 16 markets across the country, found that unusually strong activity during one of the traditional ...
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at Thu, 25 Feb 2010 11:47:40 -0700
Are we close to a market bottom? Investors participating in any fluid market try to time that market’s high as well as its bottom. This applies as well to the real estate market; investors want to take advantage of market gyrations to maximize their investment while the average home buyer wants to protect their investment in perhaps the largest purchase that they will ever make. Statistics are one tool that we can use to analyse and anticipate market trends. Other factors that often com ...
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at Tue, 31 Mar 2009 10:44:07 -0600
Lower home prices and shifting demographics mean first-time buyers could lead a rebound in Canada’s real estate market, experts said Wednesday at a real estate conference in Toronto. This wave of the children of baby-boomers begining to look at entering the housing market in addition to the number of immigrants entering Canada will assert some positive influence on our local real estate markets. Low mortgage rates, softening home values, new government incentives to first time buyers com ...
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at Thu, 26 Feb 2009 09:42:42 -0700
We have noted an increase in sales activity of residential sales within Calgary over the last two weeks of January. Month
Average Sales Per Day
Change
$ Average
Change
December
21
$ 372,737
January
37
57%
$ 387,385
3.9%
478 residential (single family and condo) sales took place from January 19 through to January 31, 2009 for an average of close to 37 properties sold per day for an average property value of $387,385.00. This represents an increase of 57% of the daily average n ...
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posted in General
at Mon, 02 Feb 2009 14:25:47 -0700
Today marks the first day of the new website. The new site offers a wealth of fresh industry information that's constantly being updated. Have a great time checking it out!
posted in General
at Mon, 27 Oct 2008 10:18:12 -0600