CNW Telbec/ – National resale housing activity climbed to the highest level of any third quarter on record this year. Actual (not seasonally adjusted) home sales via the Multiple Listing Service Systems of Canadian real estate boards totalled 135,182 units in the third quarter of 2009, according to statistics released by The Canadian Real Estate [...]

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Canadians who are considering purchasing their first home are primarily motivated by lower home prices and very low interest rates, but some require confidence in the economy and their employment prospects before they will enter the market, according to a report released by Royal LePage Real Estate Services. Eighty-six per cent of potential first-time buyers [...]

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  Before listing, consider staging your home to give it a competitive advantage. “Homes that present as move-in ready have strong buyer appeal in today’s market,” explains Jackie Peifer, a realtor with 20 years experience. “These properties sell more quickly which helps protect them from price reductions.” Still, some sellers resist the idea of home [...]

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  Greater Toronto REALTORS® reported 5,185 transactions in the first half of June – an increase of 19 per cent compared to the same period last year. “Households in the GTA have become more confident in purchasing a home over the past three months,” said TREB President Maureen O’Neill. “Affordability, due in part to very [...]

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A poll released today by the Ontario Real Estate Association (OREA) indicates that two-thirds (65%) of Ontario’s principal residence homeowners oppose the recently proposed McGuinty government mandatory home energy audit program and instead overwhelmingly favor voluntary audits (92%). Moreover, the poll found that 70 per cent of Ontario homeowner’s think that mandatory home energy audits [...]

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  BMO and industry experts shared their insights on the current and future state of Canada’s real estate market at BMO’s Real Estate Forum in Toronto. The panel discussion is available on video: http://events.snwebcastcenter.com/bmo/20090414/index.php The video features BMO experts John Turner, Director, Mortgages, and Sal Guatieri, Senior Economist, along with industry experts, Brad Lamb, Brad [...]

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TORONTO, March 26 /CNW/ – Ontario’s REALTORS(R) say the McGuinty governments plan to harmonize the GST and PST will add over $2,000 to the cost of a real estate transaction, hurting the resale home market and prolonging the housing industry’s recovery from the current economic downturn. “Now is not the time to be erecting barriers [...]

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 (NC)-During the fourth quarter of 2008, Canada’s real estate market posted a decline in both unit sales and house prices, according to the Canadian House Price Survey. The combination of a global economy in recession and shrinking employment figures did much to dampen consumer confidence, diminish home sales and cause house prices to drop. Of [...]

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