Friday, June 1, 2012

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OREA Press Release Buyer beware bylaws.25May12.pdf Download this file

Jonathan J. Knight
Broker
RE/MAX Clearview Inc. Brokerage
202 Montreal St, Stayner L0M 1S0
705 428 4500 - office
705 441 6839 - direct
705 428 5951 - fax
877 441 6839 - free
www.jonjknight.com
looking for real estate?
www.letmeknow.ca
From: "GTAR-Patricia" <pwest@gtrealtors.ca>
Date: Fri, 01 Jun 2012 09:47:27 -0400
To: JONATHAN J KNIGHT<jonjknight@remax.net>
Subject: OREA Press Release - Buyer beware bylaws

OREA’s Marketing and Communication team will continue to educate consumers of the value that REALTORS® bring to the home buying/selling process. Press releases with a variety of topics will be issued to the media of which the first one was released this week titled Buyer beware bylaws, which “looks at some unusual and seldom considered bylaws, and urges home buying Ontarians to speak to their REALTOR® about their future home plans to help avoid legal setbacks, costly mistakes and unnecessary stress”.

 
Members can view the release from the attached or on the Canada NewsWire at http://www.newswire.ca/en/story/982147/buyer-beware-bylaws.
 
Patricia West
Executive Assistant
Georgian Triangle Association of REALTORS®
(705) 445-7295 (phone)
(705) 445-7253 (fax)

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Monday, May 28, 2012

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CREA News Release.pdf Download this file

 Attached is the latest News Release from CREA, with highlights below...

Home price trends continue to diverge in April

OTTAWA – May 25th, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), the MLS® Home Price Index, the leading measure of Canadian home prices, increased in April 2012.

Highlights:  

•       The Aggregate Composite MLS® Home Price Index in April 2012 was up 5.2% year-over-year.
 

•       Toronto again posted the largest year-over-year increase (7.9%), with more modest gains in Calgary (4.0%), Vancouver (3.7%), the Fraser Valley (2.7%), and Montreal (2.3%).
 

•       Year-over-year price gains accelerated in April in Toronto and Calgary but slowed in Vancouver and the Fraser Valley and were little changed in Montreal.
 

•       Single family home prices again posted the biggest gains (6.4%), with apartment unit and townhome sales making more modest headway (3.6% and 2.7% respectively).
         

The MLS® Home Price Index (MLS® HPI) rose 5.2 per cent year-over-year in April 2012. The increase was similar to those for the previous two months and among the smallest since last August. However, the moderation in overall price gains in recent months masks diverging trends among the major Canadian markets.

For more information, please contact:
 

Pierre Leduc
Media Relations / Relations auprès des médias
pleduc@crea.ca

The Canadian Real Estate Association / L'Association canadienne de l'immeuble
200 Catherine Street, 6th Floor / 200, rue Catherine, 6e étage    Ottawa, ON K2P 2K9
Tel/Tél: +1 (613) 237-7111    Fax/Téléc: +1 (613) 234-2567

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Posted: May 17, 2012 7:42 PM ET

Last Updated: May 17, 2012 7:41 PM ET

Overseas buyers are helping to fuel Toronto’s hot condo market.

But as CBC’s Marivel Taruc reports, out-of-country condo owners can pose problems for the tenants who rent their units. Meanwhile, some real estate agents are heading overseas to sell Toronto condos.

Click on the image above to watch the story.

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Tuesday, May 22, 2012

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OREA Electronic Signatures PMB.pdf Download this file

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Thursday, May 17, 2012

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RE/MAX Press Announcement

Luxury housing sales surge forward

New records set in just over 60 per cent of markets in the first quarter

Mississauga, ON (May 16, 2012) - The Canadian appetite for all things luxury continues to fuel demand for high-end housing, with first quarter 2012 sales well ahead of 2011 figures for the same period in most markets across the country, according to a report released today by RE/MAX.

The Upper-End Report found that 81 per cent (13) of the 16 major Canadian centres examined - including Victoria, Edmonton, Calgary, Regina, Saskatoon, London-St. Thomas, Kitchener-Waterloo, Hamilton-Burlington, Greater Toronto, Ottawa, Quebec City, Greater Montreal, and Halifax-Dartmouth - posted an increase in homebuying activity, with the vast majority reporting double-digit appreciation. Records were set for upper-end sales in ten markets in Saskatchewan, Ontario, Quebec and Nova Scotia.

Upper End 2012

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Tuesday, May 15, 2012

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April 2012 statistics release.pdf Download this file

•          Home sales up 0.8% from March to April.

•          Actual (not seasonally adjusted) activity stood 11.5% above levels in April 2011.

•          The size of the year-over-year increase reflects a slowdown in sales last April following changes to mortgage rules which came into effect on March 18, 2011.

•          The number of newly listed homes edged back 0.2% from March to April.

•          While still well balanced, the combination of stable new listings and slightly higher sales activity resulted in a tighter national housing market.

•          The national average home price edged up 0.9% on a year-over-year basis in April.

 

Sales over MLS® Systems of real estate Boards and Associations in Canada edged up 0.8 per cent from March to April 2012, putting them on par with levels reported in the same month two years earlier.

 

For more information, please contact:

 

Pierre Leduc
Media Relations / Relations auprès des médias
pleduc@crea.ca

The Canadian Real Estate Association / L'Association canadienne de l'immeuble
200 Catherine Street, 6th Floor / 200, rue Catherine, 6e étage    Ottawa, ON K2P 2K9
Tel/Tél: +1 (613) 237-7111    Fax/Téléc: +1 (613) 234-2567

www.crea.ca     www.REALTOR.ca     www.ICX.ca
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