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REMAX Canadian Housing 2010 Outlook
December 3rd, 2009Housing Markets Buck Recession
September 27th, 2009
Canadian housing markets buck recession and trend upwards, says RE/MAX
With the worst of the recession over, residential real estate markets in major Canadian centres are poised for growth in the final quarter of 2009, according to a report released today by RE/MAX.
The RE/MAX Bricks and Mortar Report found the bounce back that began in early Spring has made this recession one of the shor ...
What HST Means to Home Buyers
August 22nd, 2009
The British Columbia Real Estate Association and its members are concerned that home buyers and sellers, particularly buyers of new homes, will bear most of the burden associated with the proposed Harmonized Sales Tax (HST).
The cost of real estate transactions will increase on July 1, 2010 with the introduction of the new HST. The people of BC will be particularly affected since our prov ...
July 21st, 2009
Generation X purchasers are poised to replace aging baby boomers as the major force in recreational property markets across the country, according to a report released today by RE/MAX.
The demographic shift was noted in the 2009 RE/MAX Recreational Property Report highlighting sales, pricing, trends and developments in 50 Canadian markets. The report found demand from Gen X (those born betwe ...
Home Sales Rebound
June 18th, 2009
According to the Canadian Real Esate Association the housing market has continued to rebound in May with a fourth consecutive increase in monthly sales. CREA believes the market is now returning to what is called "pre-recession levels" of activity.
Strengthening consumer confidence, low interest rates and improved affordability are drawing buyers to the housing market. Fewer new listings ...
Global Forecast Update
June 8th, 2009REAL ESTATE MARKET STEADYING
June 3rd, 2009
Canada's housing market is showing signs of emerging from its winter hibernation. The Canadian Real Estate Association reported a healthy pickup in sales nationally in both February and March, beyond the typical seasonal bump. Preliminary reports suggest this firming trend continued in April. The rise in demand, combined with fewer new listings has restored a better balance to the market.
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