Calgary's NW sector boasted the largest gains in single family homes sales in the first quarter. Single family home sales in the first quarter of 2011 were 3,309, a 4 per cent increase over the first quarter of 2010. The combination of stable home prices, low interest rates and year-over-year improvements in employment are the primary factors fueling the growth.
Association News
CALGARY, March 1 /CNW/ - According to figures released today by CREB® (Calgary Real Estate Board), for the second month in a row, single family home sales in the city ofCalgary increased over previous month figures and levels recorded in February 2010. The rise in sales continues to point to a gradual recovery in Calgary's housing market.
Calgary, December 1, 2010 – November home sales in the city of Calgary remained steady month- over-month, while year-over-year sales were down, according to figures released today by the Calgary Real Estate Board (CREB®).
“Indeed, the second half of 2010 has proven to be weaker than expected, and Calgary’s housing market is taking some time to re-gain traction,” says Diane Scott, president of CREB®. “Subdued sales have meant buyers have an abundance of products to choose from, and they can be selective in their buying criteria.”
“Indeed, the second half of 2010 has proven to be weaker than expected, and Calgary’s housing market is taking some time to re-gain traction,” says Diane Scott, president of CREB®. “Subdued sales have meant buyers have an abundance of products to choose from, and they can be selective in their buying criteria.”
CALGARY, Nov. 1 /CNW/ - Home sales in the city of Calgary were down month-over-month in October 2010, showing signs that buyers still remain cautious, despite signs of economic recovery. Year-over-year sales continued to trend lower in the month of October, according to figures released today by the Calgary Real Estate Board (CREB®).
Edmonton, AB - Housing prices in the Edmonton area remained stable as we enter the final quarter of the year. Single family dwelling prices in September mirrored prices in August and condo prices rose slightly after four months of decline. Both listings and sales declined in September as compared to a month ago.
Home sales in the city of Calgary were up month-over-month in September 2010, the first uptick in sales since April 2010. Year- over-year sales continued to trend lower in the month of September, but at a pace slower than previous months, according to figures released today by the Calgary Real estate board (CReb®).
City of Calgary sales wane as town and country sales hold steady.
CALGARY, June 29 /JAC/ - AMBA Launches new program for Members required to purchase Financial Institution Bonds for Alberta Securities Commission registration.
June 16 -Equifax Canada invites you to attend the first in a three-part risk management Webinar series.
June 14 - Recognizing the Past – Respecting the Present – Embracing the Future is the affirmation for the AMBA Awards.
CALGARY, June 11 /JAC/ - The Alberta Mortgage Brokers Association (AMBA) held its Annual General Meeting yesterday and has announced that Dean Koeller is the new Association President.
You don’t want to miss Arlene Dickinson one of the “Dragons” from the “The Dragon’s Den”.
Well, this may be an opportunity to do just that! AMBA's industry night is coming up next week!!!
Let your voice be heard and vote for your 2010/2011 AMBA Board of Directors.
The MLAA/AMBA Spring Charity Classic is well on its way, this is your LAST chance for sponsorship and time to SAVE THE DATE!!!!
As most of you are aware a sub-committee headed up by our Director of Public Policy & RECA Relations Dave McKitrick has been working diligently on the new changes involving Syndicated Mortgages and MIC’s. Many hours have been put into this by members of the AMBA Board, other involved mortgage professionals, and RECA.
April 16 - Please pass this message on to anyone that is interested in the Mortgage Brokerage Industry to help ensure this course will be able to run in the spring semester. UPCOMING COURSE DATE IN EDMONTON! May 3 - May 20, 2010
CALGARY, Alberta – March 30, 2010 / JAC / – Alberta Mortgage Brokers Association (AMBA) invites Alberta consumers to participate in a free live webinar on April 13th.
Eileen Ashmore, President of E.M. Ashmore & Associates Inc will teach you about the tools you need to launch your own business. She has her MBA in Marketing and Distribution Systems and is a strategy and planning specialist with 20 years of experience in management consulting!!
The home sales market in New Brunswick in September defied national trends and posted a year-over-year increase, according to the Multiple Listing Service® reports from the real estate boards in the province.
Home sales activity in New Brunswick posted a noticeable year-over-year decline in July 2010 compared to the record levels reached in the same month last year.
MBABC Mortgage Education Month
What is MEM?
MBABC is always looking for ways we can help you grow your business. MEM was designed as a means to connect with your community and further establish you as a preferred home financing specialist.
MEM is a complete program designed to give you educational content applicable to today's consumer, and enable you to deliver a relevant, interesting and professional seminar. You may opt to team up with service providers such as appraisers, realtors and insurers to reach a larger client base - resulting in increased consumer awareness of the benefits of using a mortgage broker.
Why Participate?
Building your client base and community profile, educating interested consumers and ultimately increasing your sales are the biggest benefits of participating in Mortgage Education Month.
Click here to find out how you can host your own Mortgage Education Seminar in your area.
October 8, 2010 WINNIPEG - It took until the month of September last year to set a new sales and dollar volume MLS® record in comparison to the same month the year previous.
WINNIPEG - August 5, 2010, /JAC/ - When all is said and done about our Bombers at the end of July - they’re 2 and 3 – but the numbers don’t look all that bad! And to hold Calgary to 6 points in the second half and still have a chance to win with 30 seconds on the clock with our first-string quarterback hurt - a lot of positives are in the air.
Happy New Year and welcome to the first edition of CAAMP Update for 2011. Over the course of the coming year, CAAMP will be offering numerous opportunities designed to make important connections and gather information to help you grow your business. I encourage you to take advantage of everything your association has to offer.
"This is my last Update as Chair of CAAMP and I would like to take this opportunity to thank the 2009/2010 Board of Directors and CAAMP management for the support and advice they provided me throughout the past year."
OTTAWA – October 15th, 2010 – National resale housing activity edged higher for a second consecutive month in September 2010, according to statistics released by The Canadian Real Estate Association (CREA). Combined with a falling supply of homes on the market, the number of months of inventory also declined for the second consecutive month.
CAAMP Mortgage Forum early bird ends TODAY, October 15th.
CAAMP hosts AMP Appreciation Event at Blue Water Café in Vancouver this past week on October 7, 2010.
Check out the great party!
Check out the great party!
As the end of my term as Chair draws near, I would like to provide you with an update on one of my key priorities that I announced at last year's national conference - the development of qualifications and competencies for the Accredited Mortgage Professional. Earlier this year, an AMP Task Force was created with the goal of reviewing the designation and providing recommendations to strengthen it. The recommendations were approved by the Board of Directors and will be rolled out this fall and officially implemented on January 1, 2011. Additional details will be made available in the weeks to come. We are excited about the changes and what they represent.
The September issue of Mortgage Journal magazine is available online.
VANCOUVER, August 9 / CAAMP/ - On June 30, 2010 the federal government released two revised documents regarding CRA Notice 250. This is the Notice that dealt with proposed amendments to the definition of financial services which may have resulted in broker commissions being subject to GST/HST. The revised Notice included two specific examples referencing mortgage brokers as well as changes to the definitions section of the Budget Bill referencing brokers.
July 27 - The July/August issue of Mortgage Journal magazine is available online.
July 27 - CAAMP is pleased to accept the following Points/Rewards as payment for Mortgage Forum 2010 in Montreal.
July 20 - EXHIBIT AT CAAMP's 2010 MORTGAGE FORUM
July 15 - A Message from the Chair, Hali Strandlund, AMP
OTTAWA, July 15 /JAC/ - Statistics released by The Canadian Real Estate Association (CREA) show that the number of newly listed homes and sales activity declined in June 2010.
July 13 /JAC/ Details and registration for Mortgage Forum 2010.
TORONTO, July 7 - The AMP is Canada's national standard of industry success and commitment. To apply for the Accredited Mortgage Professional designation, you first need to complete the pre-accreditation course, Ethics and Responsibilities for Mortgage Professionals.
TORONTO, June 30 /JAC/ - Today the federal government released two documents on CRA 250. CRA 250 deals with proposed amendments to the definition of financial services which may result in GST/HST being applied to mortgage broker commissions.
TORONTO, June 23 /JAC/ - Registration details for CAAMP's Ontario Mortgage Agent Course.
TORONTO, June 22 /JAC/ - A new gateway to financial literacy for Canadians has been opened thanks to a joint agreement between the CAAMP Foundation, the charitable arm of Canada's national mortgage industry association and Credit Canada, a prominent player in credit education.
June 21 - I have just returned from our final regional symposium in Halifax. CAAMP's seven symposiums held across the country this spring were an enormous success and I would like to thank everyone involved - we had record attendance and trade show participation. I would like to particularly thank our sponsors and speakers whose support and commitment enable us to offer the quality of content and level of professionalism our members have come to expect and that we at CAAMP endeavour to offer.
OTTAWA, June 16th /JAC/ - Statistics released by The Canadian Real Estate Association (CREA) show that home sales activity and new listings in Canada declined in May.
June 8 - Today in Ottawa, the Office of the Privacy Commissioner (OPC) issued an audit report of selected mortgage brokers conducted in 2009. The audit included the results of mortgage brokerages on privacy concerns related to credit reports.
TORONTO, June 2 /JAC/ The June issue of CAAMP Stats has been released.
OTTAWA, June 2 /JAC/ – The Canadian Real Estate Association (CREA) has lowered its forecast for home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations. The revision reflects a weaker than expected start to the year in British Columbia, and recent developments that pulled forward the timing as to when sales are expected to ease in other provinces.
OTTAWA, May 28 /JAC/ - A new report released by The Canadian Real Estate Association (CREA) indicates that home prices will stabilize, and will remain stable for some time. This means that Canadian homeowners are unlikely to experience a U.S.-style decline in the value of their homes.
May 20 - The May issue of Mortgage Journal magazine is now available online.
Get Covered with the Premier Errors & Omissions Insurance Policy in the Marketplace
In my role as CAAMP Chair, I am very fortunate to have the opportunity of travelling across the country to attend our regional symposiums and trade shows and to talk to members whether they be attendees or exhibitors.
VANCOUVER, May 18 /JAC/ - One week to go until the CAAMP Vancouver Mortgage Symposium and Trade Show at the Pan Pacific Hotel on Wednesday, May 26.
ONTARIO MORTGAGE AGENT COURSE Who Should Register? Anyone needing to meet the education requirement to become a mortgage agent in Ontario Anyone wishing to gain knowledge about Canada's mortgage industry.
TORONTO, April 22 /JAC/ - With respect to the proposed amendment to the definition of financial services which may result in GST/HST being applied to broker commissions, CAAMP wishes to provide the following update.
OTTAWA, April 15 /JAC/ – Homebuyers have more choice heading into the busy spring buying season, with new supply in Canada’s resale housing market setting a record for the month of March. While resale housing demand remains strong, rising numbers of new listings are resulting in a more balanced national resale housing market.
April 16 - CAAMP is an active and strong association. We are pleased to offer our members timely and relevant professional development opportunities; regional and national events to help sharpen skills and increase knowledge in addition to communication vehicles with updates and information on critical issues facing our industry.
TORONTO/ON/MARCH 18th, 2010/JAC/-CAAMP is pleased to provide you with the following updates regarding policy changes affecting the residential mortgage market. CAAMP has been actively involved with government, regulators and stakeholders to ensure that the best interests of our members and the Canadian mortgage consumer are met.
Recently, we corresponded with members on the proposed implementation of financial services being subject to GST. The implication could mean mortgage broker commissions will be subject to GST/HST which CAAMP strongly opposes.
OTTAWA – March 15th, 2010 – With rising activity in Toronto offset by lower activity in Vancouver, the number of homes sold through the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards edged lower in February. In recent months, national sales activity has slowed while new listings continue to rise, resulting in a more balanced national resale housing market.
Greater Toronto REALTORS® reported 6,266 transactions through the TorontoMLS® system in February 2011. This result was 14 per cent lower than the record sales reported in February 2010. “Continued improvement in the GTA economy, including growth in jobs and incomes and a declining unemployment rate, has kept the demand for ownership housing strong,” said Toronto Real Estate Board (TREB) President Bill Johnston.
TORONTO, Feb. 4 /CNW/ - Greater Toronto REALTORS® reported 4,337 transactions through the
TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported
in January 2010. "While off the record pace experienced a year ago, the GTA resale market has started the year on a solid
footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing
types for sale at many different price points," said TREB President Bill Johnston.
TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported
in January 2010. "While off the record pace experienced a year ago, the GTA resale market has started the year on a solid
footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing
types for sale at many different price points," said TREB President Bill Johnston.
Greater Toronto REALTORS® reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009.
TORONTO, December 16, 2010 -- Greater Toronto REALTORS® reported 2,509 sales through the Multiple Listing Service® (MLS®) during the first two weeks of December 2010.
Greater Toronto REALTORS reported 6,510 existing home sales in November – down 13 per cent from 7,446 sales in November 2009. New listings were also down 13 per cent annually to 8,642.
“The GTA resale market has tightened since the summer. Healthy market conditions continued to support growth in the average selling price,” said Toronto Real Estate Board President Bill Johnston.
“The GTA resale market has tightened since the summer. Healthy market conditions continued to support growth in the average selling price,” said Toronto Real Estate Board President Bill Johnston.
Last month 475 detached homes and 114 condos exchanged hands – a total of 589 sales in the London St. Thomas real estate board.
TORONTO, October 18, 2010 -- Greater Toronto REALTORS® reported 3,012 sales through the Multiple Listing Service® (MLS®) during the first two weeks of October 2010.
TORONTO, October 5, 2010 -- Greater Toronto REALTORS® reported 6,310 sales through the Multiple Listing Service® (MLS®) in September 2010. This represented a 23 per cent decrease compared to the 8,196 sales recorded during the same period in 2009. Through the first nine months of the year, sales amounted to 69,069 – up four per cent compared to the first three quarters of 2009.
TORONTO, October 5, 2010 — Last month, TREB Commercial Members reported 648,636 square feet of leased space, a five per cent increase over the 614,830 square feet of leased space in September of 2009.
August 5, 2010 : Still a seller’s market in Ottawa; prices rise steadily
Members of the Ottawa Real Estate Board sold 1,149 residential properties in July through the Board’s Multiple Listing Service® system compared with 1,578 in July 2009, a decrease of 27.2 per cent.
Members of the Ottawa Real Estate Board sold 1,149 residential properties in July through the Board’s Multiple Listing Service® system compared with 1,578 in July 2009, a decrease of 27.2 per cent.
Collingwood, August, 2010 - Overall, area real estate sales reported through the MLS® system of the Georgian Triangle Real Estate Board continued to show strength in the second quarter of 2010 versus the same quarter last year despite the tightening up of mortgage qualification criteria and slight increases to the historically low mortgage rates. This, coupled with the arrival of Ontario’s Harmonized Sales Tax (HST) effective July 1st, may account for slower growth in sales during the remainder of the year. “According to the Conference Board of Canada’s index of consumer confidence, consumer sentiment lost some ground after having increased in the first quarter, and is now roughly back on par with levels reported at the end of last year. The decrease in confidence reflects weaker outlooks for household budgets and employment, and less enthusiasm about making major purchases.”
(August 2010 – Oakville - Milton, Ontario) For the month of July 2010, The Oakville, Milton and District Real Estate Board *total sales transactions were 645, a decrease of 35 per cent over July 2009. Overall, year to date, total sales transactions are still ahead of the 2009 transactions by 245 sales, which is a 4 per percent increase overall. When looking at new listings coming onto the market in July, inventory is strong; when compared to 2009 new listings have increased by 11 per cent.
“While the hot summer we’ve been experiencing has reportedly been great for beer sales, it hasn’t quite had the same effect on home sales,” joked Ted Scharf, President of the KWREB. “The good news is that while sales may have decreased, in July the average price rose one percent to $284,344 compared to the same month a year ago, which clearly illustrates the value of Waterloo region homes is stable, and in no way inflated.”
London, August 3 - The decline in market activity forecast by the Canadian Real Estate Association (CREA) and Canada Mortgage and Housing Corporation (CMHC) continued to dampen real estate sales for a second consecutive month. “
TORONTO, August 17, 2010 ‐ Greater Toronto REALTORS® reported 2,732 sales through the Multiple Listing Service® (MLS®) during the first two weeks of August 2010.
This represented a 29 per cent decrease compared to the 3,832 sales recorded during the same period in 2009. New listings, at 4,770 were down eight per cent compared to the first two weeks of August 2009.
This represented a 29 per cent decrease compared to the 3,832 sales recorded during the same period in 2009. New listings, at 4,770 were down eight per cent compared to the first two weeks of August 2009.
TORONTO, August 5, 2010 ‐ Greater Toronto REALTORS® reported 6,564 sales in July – a 34 per cent dip from the record 9,967 sales reported in July 2009. New listings, at 10,825, dropped to the lowest level for the month of July since 2002.
“The level of July sales remained below the expected long-term trend. The market has become more balanced following record monthly sales through most of the winter and early spring,” said Toronto Real Estate Board (TREB) President Bill Johnston.
“The level of July sales remained below the expected long-term trend. The market has become more balanced following record monthly sales through most of the winter and early spring,” said Toronto Real Estate Board (TREB) President Bill Johnston.
Toronto, August 5, 2010 — In July, TREB Commercial Members reported 724,590 square feet of leased space – a 132 per cent increase from the 312,771 square feet of leased space recorded in July of 2009.
“Riding the wave of renewed economic growth and the recovering labour market, the volume of IC&I leased space continues to run well above last year’s levels,” Commercial Council Chair Larry Purchase noted.
“Riding the wave of renewed economic growth and the recovering labour market, the volume of IC&I leased space continues to run well above last year’s levels,” Commercial Council Chair Larry Purchase noted.
July 23 - SummerFest 2010 - Network In Niagara! - August 20, 2010 - Book the day off and join in the fun!
July 15 - Book prior to August 5, 2010 to guarantee your spot and this low, low price!!!!!
June 29 - The perfect end of summer break! Relax, unwind, reacquaint yourself with the off button on your Blackberry!
TORONTO, June 29 /JAC/ - A commitment to continuing education is one of the keys to a successful career in the mortgage industry.
June 15 - The IMBA Education Committee and Equifax Canada invites you to attend the first in a three-part risk management Webinar series.
June 14 - Introducing the updated IMBA website.
TORONTO, May 13 /JAC/ - Margo Wynhofen, IMBA President, is pleased to announce that Shane Suepaul, CPMB, has been added to the board of directors of the association.
Wednesday, May 12th, 2010 Effective May 17, 2010, IMBA's prestigious CPMB and CPMA designations will partner with Seneca College to create a new and upgraded educational component in addition to its current experience requirements.
TORONTO, May 10 /JAC/ - IMBA was among 250 exhibitors participating at the 6th Annual Toronto Real Estate Board’s Realtor Quest held on May 5th & 6th.
TORONTO, April 24 /JAC/ - The Independent Mortgage Brokers Association held its 9th Annual Conference and Trade Show on April 22nd at The Toronto Congress Centre. This year’s format of a one-day Conference and Trade show proved to be a success.
Toronto, April 15 /JAC/ - Effective May 17, 2010, IMBA's prestigious CPMB and CPMA designations will partner with Seneca College to create a new and upgraded educational component in addition to its current experience requirements.
March 5th, 2010. Who Should Register for the Ontario Mortgage Agent Course?
Anyone needing to meet the education requirement to become a mortgage agent in Ontario
Anyone wishing to gain knowledge about Canada's mortgage industry
Anyone needing to meet the education requirement to become a mortgage agent in Ontario
Anyone wishing to gain knowledge about Canada's mortgage industry
Thursday, March 4, 2010. Effective May 17, 2010, IMBA's prestigious CPMB and CPMA designations will partner with Seneca College to create a new and upgraded educational component in addition to its current experience requirements.
The Annual General Meeting of the Independent Mortgage Brokers Association of Ontario (IMBA) will be held on Wednesday, March 24, 2010.
TORONTO, March 25 /CNW/ - The Independent Mortgage Brokers Association of Ontario (IMBA) held its Annual General Meeting at the Mississauga Convention Centre yesterday and elected a new President for the 2010 - 2011 term. IMBA welcomes Margo Wynhofen to her new role.
Your time is valuable AND you work hard for your money. At the Independent Mortgage Brokers Association of Ontario ("IMBA") we understand the issues facing today's mortgage professional. We are an Association that is run by its members, for its members. Our Board of Directors consists of 19 volunteers who are active and seasoned participants in the mortgage industry. As a grassroots Association, we are uniquely equipped to offer a strong value proposition.
September 3, 2010 /JAC / - Residential sales through the Regina and area MLS® System picked up in August while posting the highest number since May when 363 sales took place, said the Association of Regina REALTORS® Inc.
August 6, 2010 /JAC / - The average selling price remained strong at $289,715.00 up 2% from July 2009 when the average was $283,531.00. Year to date the average selling price is $290,515.00 up 5% from 2009 when the average year to date number was $277,490.00. The higher average selling price indicates continued strength in the mid price range homes. In July it took 39 days on average to sell a home.