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Housing starts plunge in October

Articles - Articles
Canadian housing starts fell 9.2% to an annualized pace of 167,900 units in October, marking the fifth monthly decline in the six months since reaching an almost two-year high in April (at 205,600 annualized units). Market expectations were for a...


Canadian housing starts fell 9.2% to an annualized pace of 167,900 units in October, marking the fifth monthly decline in the six months since reaching an almost two-year high in April (at 205,600 annualized units). Market expectations were for a much smaller 2.4% decrease in the level of starts to 182,000 annualized units. With the most recent reading in September of 210,100, expectations had been buoyed by permits remaining high. The sharp monthly drop in starts follows September’s...
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CREA Revises Real Estate Forecast

Articles - Articles
The Canadian Real Estate Association (CREA) has lowered its forecast for home sales activity via the Multiple Listing Service® (MLS®)Systems of Canadian real estate Boards and Associations for 2010 and 2011. Sales activity in the third quarter of 2010 began...


Posted: 2010-11-05 18:00:14

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Read more... [CREA Revises Real Estate Forecast]
 

Toronto sales down 21% in October

Articles - Articles
Toronto Real Estate Board reports on real estate market. Greater Toronto Realtors reported 6,681 sales through the Multiple Listing Service® (MLS®) in October 2010. This represented a 21 per cent decrease compared to the 8,476 sales recorded in October 2009....
Toronto Real Estate Board reports on real estate market.

Greater Toronto Realtors reported 6,681 sales through the Multiple Listing Service® (MLS®) in October 2010. This represented a 21 per cent decrease compared to the 8,476 sales...
Read more... [Toronto sales down 21% in October]
 

Making Sense of New MLS Rules

Articles - Articles
See an excellent analysis of new MLS environment by John Pasalis in his Move Smartly blog » via www.movesmartly.com

See an excellent analysis of new MLS environment by John Pasalis in his Move Smartly blog »

via www.movesmartly.com


Posted: 2010-10-30 04:10:54

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Read more... [Making Sense of New MLS Rules]
 

$7.5 Billion in fees

Articles - Articles
Did you know that approximately $7.5 Billion dollars was paid out, by Canadians, in 2009, for real estate fees? ….this amount quoted by Melanie Aitken, a lawyer serving as Canada’s Competition Commissioner. via bartblair.typepad.com


Did you know that approximately $7.5 Billion dollars was paid out, by Canadians, in 2009, for real estate fees? ….this amount quoted by Melanie Aitken, a lawyer serving as Canada’s Competition Commissioner.    

via...
Read more... [$7.5 Billion in fees]
 
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