New research on Cross Border Demand and Investment; Shifting Office Space Demand

Did you know that among practitioners in Canada that responded to a recent survey, 45 percent note an increase in international investors?  Or that 55 percent of Canadian respondents noted a decrease in per worker office space in 2014?

See the latest research report on commercial real estate from the National Association of REALTORS’ (NAR) REALTOR University, in collaboration with CREA, the Certified Commercial Investment Member(CCIM) Institute and the Institute of Real Estate Management.

Find out more by downloading the full report from REALTORlink.ca.

Spring market awakening in March

The Hamilton-Burlington area real estate market showed a total of 1,044 unit sales in March, this was a decrease of 4.7 per cent from March 2008 when single family home sales were 1,095, according to the Multiple Listing Services® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB). 

The total unit sales for the first three months of 2009 are being reported at 23 per cent lower for the same period in 2008, while new units listed are 1.3 per cent lower for the year-to-date. The total unit sales, when compared to February, were 40 per cent higher in March. 
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Market shows strength in February

The Hamilton-Burlington area real estate market showed a total of 750 unit sales in February, indicating a 27.6 per cent decrease over the same period last year, according to the Multiple Listing Services® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB). New units listed are less than one per cent lower when compared to February 2008.
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Market easing continues into January

The Hamilton-Burlington area real estate market showed a total of 476 unit sales in January, indicating a 42 per cent decrease over the same period last year, according to the Multiple Listing Services® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB). New units listed are down 8.5 per cent when compared to January 2008.

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REALTORS® welcome federal housing initiatives in stimulating Canadian economy

The Canadian Real Estate Association (CREA) welcomes the federal government initiatives to stimulate economic growth outlined in the 2009 budget, especially those that will encourage home ownership in Canada. The association applauds the government for recognizing the economic importance of the housing industry in some of the budget measures.  “The change announced to the popular Home Buyers’ Plan will help Canadians who want to own their own home, and do it in a responsible way that is not a major drain on taxpayers,” says the President of The Canadian Real Estate Association (CREA), Calvin Lindberg.

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