Jul 20, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on a month-over-month basis in June 2015.
Highlights:
- National home sales edged back by 0.8% from May to June.
- Actual (not seasonally adjusted) activity stood 11% above June 2014 levels.
- The number of newly listed homes edged down 0.2% from May to June.
- The Canadian housing market remains balanced overall.
- The MLS® Home Price Index (HPI) rose 5.43% year-over-year in June.
- The national average sale price rose 9.6% on a year-over-year basis in June; excluding Greater Vancouver and Greater Toronto, it increased by 3.1%.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations declined by 0.8 per cent in June 2015 compared to May. Sales levels in May and June marked the strongest monthly readings in more than five years.
Read the report.
Jul 7, 2015 | RAHB News |
The City of Hamilton and the Region of Niagara have collaborated to develop a unique platform to attract investment, business and trade opportunities for industry and organizations in the Hamilton/Niagara region.
A series of investment and business-focused events will take place between July 10-26 during the Pan Am games, with high-potential delegates attending from the U.S., Mexico, South America and other international locations.
There will be five events, with the final one – the Real Estate and Development Familiarization Tour – taking place in Hamilton on July 23, 2015.
This full day event will include
- a continental breakfast (sponsored by RAHB)
- market overviews and investment highlights,
- a tour of McMaster Innovation Park (lunch included), and
- two tours from which to select:
- Commercial & Residential Focus
- Industrial Focused Tour
- networking
Optional – attend an exciting semi final men’s soccer game at the CIBC Pan Am Stadium.
The tours will showcase new investments, profile opportunity for future growth, and the multi-modal transportation networks that are nearly unrivaled in the Province of Ontario. Attendees will also have opportunities to meet with Hamilton’s top leaders in local industry, academia, and government.
Seats are limited, so register/RSVP early at www.investhamiltonniagara.ca
Jun 23, 2015 | RAHB News |
Effective July 1, 2015, buyers and sellers in Ontario will be able to use electronic signatures on agreements of purchase and sale.
This was made possible by the recent proclamation of an amendment to the Electronic Commerce Act, 2000.
Electronic signatures on agreements of purchase and sale will help improve transaction efficiency by reducing the time required to complete a deal, help improve the consumer’s experience and save REALTORS® time and money.
The Ontario Real Estate Association (OREA) advocated vigourously over the last five years to have e-signatures become a reality for real estate transactions in the province of Ontario, and are to be commended for their efforts.
Go to http://rahb.ca/memberinfo/2015/electroniccommerceact.pdf.
Special Professional Development course offering!
As of July 1, 2015, electronic signatures are permitted on Agreements of Purchase and Sale. Learn more about electronic signatures in this important session.
Go Paperless
Tuesday, July 28, 2015
10 a.m. – Noon
Cost: Free
RAHB – McCullough Room
Click here for information and registration or contact Angela (angelam@rahb.ca) or Camryn (camrynh@rahb.c).
Jun 17, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted a fourth consecutive month-over-month increase in May 2015.
Highlights:
- National home sales rose 3.1% from April to May.
- Actual (not seasonally adjusted) activity stood 2.7% above May 2014 levels.
- The number of newly listed homes was little changed from April to May.
- The Canadian housing market remains balanced overall.
- The MLS® Home Price Index (HPI) rose 5.17% year-over-year in May.
- The national average sale price rose 8.1% on a year-over-year basis in May; excluding Greater Vancouver and Greater Toronto, it increased by 2.4%.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 3.1 per cent in May 2015 compared to April. This marks the fourth consecutive month-over-month increase and raises national activity to its highest level in more than five years.
May sales were up from the previous month in about 60 per cent of all local markets, led by increases in the Greater Toronto Area, Calgary, Edmonton, Ottawa and Montreal.
Read the whole report.
May 19, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted a third consecutive month-over-month increase in April 2015.
Highlights:
- National home sales rose 2.3% from March to April.
- Actual (not seasonally adjusted) activity stood 10% above April 2014 levels.
- The number of newly listed homes was little changed from March to April.
- The Canadian housing market overall remains balanced.
- The MLS® Home Price Index (HPI) rose 4.97% year-over-year in April.
- The national average sale price rose 9.5% on a year-over-year basis in April; excluding Greater Vancouver and Greater Toronto, it increased by 3.4 %.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 2.3 per cent in April 2015 compared to March. This marks the third consecutive month-over-month increase and raises national activity back to where it was during most of the second half of last year.
Read the entire report.
Apr 15, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was up on month-over-month basis in March 2015.
Highlights:
- National home sales edged up 4.1% from February to March.
- Actual (not seasonally adjusted) activity stood 9.5% above March 2014 levels.
- The number of newly listed homes rose 1.8% from February to March.
- The Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 4.95% year-over-year in March.
- The national average sale price rose 9.4% on a year-over-year basis in March; excluding Greater Vancouver and Greater Toronto, it increased by 2.4%.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose by 4.1 per cent in March 2015 compared to February.
March sales were up from the previous month in nearly two-thirds of all local markets, led by Greater Vancouver, Fraser Valley, Calgary and Edmonton. Despite the monthly rebound, Calgary and Edmonton sales came in below the 10 year average for the month of March.
Read the entire report.
Mar 13, 2015 | CREA/OREA/RECO News |
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2015 and extended it to 2016.
Read the full report.
Mar 13, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged up slightly on a month-over-month basis in February 2015.
Highlights:
- National home sales edged up 1.0% from January to February.
- Actual (not seasonally adjusted) activity stood 2.7% above February 2014 levels.
- The number of newly listed homes fell 2.5% from January to February.
- The Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 5.01% year-over-year in February.
- The national average sale price rose 6.3% on a year-over-year basis in February.
Read the full report.
Feb 17, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in January 2015.
Highlights
- National home sales fell 3.1% from December to January
- Actual (not seasonally adjusted) activity stood 2.0% below January 2014 levels
- The number of newly listed homes rose 0.7% from December to January
- The Canadian housing market remains balanced
- The MLS® Home Price Index (HPI) rose 5.17% year-over-year in January
- The national average sale price rose 3.1% on a year-over-year basis in January
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations fell 3.1 per cent in January 2015 compared to December 2014.
Read the full report.
Jan 15, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in December 2014.
Highlights:
- National home sales fell 5.8% from November to December.
- Actual (not seasonally adjusted) activity stood 7.9% above December 2013 levels.
- The number of newly listed homes rose 1.1% from November to December.
- Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 5.4% year-over-year in December.
- The national average sale price rose 3.8% on a year-over-year basis in December.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations fell 5.8 per cent in December 2014 compared to November and remained above year-ago levels.
Read the full report.
Dec 15, 2014 | CREA/OREA/RECO News |
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2014 and 2015.
With mortgage rates remaining at historic lows since the summer, activity has remained stronger for longer than previously expected and has yet to show clear signs of fading.
Read more.
Dec 15, 2014 | RAHB News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was unchanged on a month-over-month basis in November 2014.
Highlights:
- National home sales were unchanged from October to November.
- Actual (not seasonally adjusted) activity stood 2.7% above November 2013 levels.
- The number of newly listed homes edged down 0.4% from October to November.
- The Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 5.2% year-over-year in November.
- The national average sale price rose 5.7% on a year-over-year basis in November.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations was unchanged in November 2014 compared to October. As a result, activity remains much improved compared to the quiet start to the year.
Read more.
