Jun 21, 2013 | 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 in 2013 and 2014.
Most Canadian housing markets have been evolving as anticipated since CREA’s last forecast released in March. National sales activity has held fairly stable since it moderated last August in the wake of changes to mortgage lending rules and guidelines.
Read more …
Jun 21, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales improved in May 2013, building on gains recorded in the previous two months.
Highlights:
- National home sales rose 3.6% from April to May.
- Actual (not seasonally adjusted) activity came in 2.6% below levels in May 2012.
- The number of newly listed homes was up 1.9% from April to May.
- The Canadian housing market remains firmly in balanced territory.
- The national average sale price rose 3.7% on a year-over-year basis in May.
- The MLS® Home Price Index (HPI) rose 2.3% year-over-year in May.
The number of home sales processed through the MLS® Systems of real estate Boards and Associations and other cooperative listing systems in Canada rose 3.6 per cent on a month-over-month basis in May 2013, its largest monthly gain in almost two and a half years.
Read the whole story …
Jun 12, 2013 | Member Services |
Join the Barton Village Real Estate Crawl on Thursday, June 13, 2013 from 6 p.m. to 8 p.m.
Host location: 413 Barton St. E.
This is the first ever Barton Village Real Estate Crawl:
- Explore participating vacant properties within the BIA boundaries.
- See what unique business space is available in Barton Village.
- Learn about financial incentive programs available through the City of Hamilton.
Food and beverages provided by the BIA.
For more information, contact the Barton Village BIA office at 905.540.9472 or info@bartonvillage.ca
May 15, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales edged up slightly on a month-over-month basis in April 2013. Activity has generally held to within short reach of current levels for the past nine months.
Highlights:
- National home sales rose 0.6% from March to April.
- Actual (not seasonally adjusted) activity came in 3.1% below levels in April 2012.
- The number of newly listed homes fell 0.9% from March to April.
- The Canadian housing market remains firmly in balanced territory.
- The national average sale price rose 1.3% on a year-over-year basis in April.
- The MLS® HPI rose 2.2% in April, its smallest gain in more than two years.
The number of home sales processed through the MLS® Systems of real estate Boards and Associations and other cooperative listing systems in Canada edged 0.6 per cent higher on a month-over-month basis in April 2013. Click here for complete details.
Mar 15, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged back down on a month-over-month basis in February 2013 following an increase in January.
Highlights:
- National home sales declined 2.1% from January to February.
- Actual (not seasonally adjusted) activity came in 15.8% below levels in February 2012.
- The number of newly listed homes fell 1.2% from January to February.
- The Canadian housing market remains firmly in balanced territory.
- The national average sale price was down 1% on a year-over-year basis in February.
- The MLS® HPI rose 2.7% in February, the smallest gain since March 2011.
Read the complete release here.
Feb 15, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged up on a month-over-month basis in January 2013. National sales activity has held fairly steady after gearing down last August in the wake of tightened mortgage lending rules.
Highlights:
- National home sales rose 1.3% from December to January.
- Actual (not seasonally adjusted) activity came in 5.2% under levels in January 2012.
- The number of newly listed homes rose 1.6% from December to January.
- The Canadian housing market remains firmly in balanced territory.
- National average sale price was up 2% year-over-year in January.
- The MLS® HPI rose 3.1% in January, the smallest gain since April 2011.
Click here for more information.
Feb 12, 2013 | RAHB News |
Upcoming Public Information Centres – NGTA (Niagara to Greater Toronto Area) Corridor Study
The Ontario Ministry of Transportation (MTO) has identified the preferred highway expansion options for the entire Niagara to GTA Corridor Planning study area. The study area extends from Niagara Region and the U.S. border through the City of Hamilton to Halton Region. (more…)
Jan 16, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was little changed on a month-over-month basis in December 2012, holding it in line with levels reported in August when demand first geared down in the wake of tighter mortgage lending rules.
Highlights:
• National home sales edged 0.5% lower from November to December.
• Actual (not seasonally adjusted) activity down 17.4% from December 2011.
• Number of newly listed homes dropped 1.3% from November to December.
• Canadian housing market remains firmly in balanced territory.
• National average sale price up 1.6% year-over-year in December.
• MLS® HPI up 3.3% in December, the smallest gain since April 2011.
Read the story here.
Dec 17, 2012 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged back down in November 2012 on a month-over-month basis, returning to where it stood in August. Demand geared down in August in the wake of tighter mortgage lending rules, and has since been running about eight per cent below levels in the first half of the year.
Highlights:
- Home sales down 1.7% from October to November.
- Actual (not seasonally adjusted) activity down 11.9% from November 2011.
- Number of newly listed homes down 0.9% from October to November.
- Housing market remains firmly in balanced territory.
- National average price for home sales down 0.8% on a year-over-year basis in November.
- MLS® HPI up 3.5% in November, marking its smallest gain since May 2011.
The Canadian Real Estate Association (CREA) has also updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2012 and 2013.
When CREA’s resale housing forecast was published in September, activity showed the first signs of slowing in the wake of new mortgage lending regulations. Demand has remained at lower levels, and this trend is expected to persist through the end of the year. Lower than projected third quarter sales have downgraded the prospects for activity this year in almost every province.
Oct 17, 2012 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring.
Highlights:
• Home sales up 2.5% from August to September.
• Actual (not seasonally adjusted) activity down 15.1% from September 2011.
• Number of newly listed homes up 6.5% from August to September.
• Market remains firmly in balanced territory, but conditions have eased.
• National average home price up 1.1% on a year-over-year basis in September.
• The MLS® HPI rose 3.9% in September, its smallest gain since May 2011.
Read the full story here.
Oct 9, 2012 | REALTORS Care® |
Weisz receives Medal
Congratulations to RAHB member Arthur Weisz on receiving the Queen Elizabeth II Diamond Jubilee Medal.
Arthur received this prestigious award in recognition of the significant contribution he has made to his community. The medal was presented in a ceremony held earlier this summer.
Oct 9, 2012 | Member Services |
Join CMHC at their Hamilton Housing Outlook Seminar for housing forecasts that will inform your business strategy in 2013.
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