“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.”
“Housing sales numbers were fairly typical for a November and indicate a fairly balanced market. Activity on the buyer side has been stable, with slight increases, over the last few months while the number of homes listed for sale in our region has declined each month since we reached a peak in June,” Jake Moldowan, REBGV president said.
“Consumers are responding to how prices have moderated in the last six months, in addition to the double dip in mortgage rates,” says Deanna Horn, Board president.
“Last year, we experienced the busiest July in our history and this year it was the quietest in a decade,” says FVREB President, Deanna Horn. “Although the real estate market typically slows in the summer months, we didn’t anticipate this level of change.
The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,255 in July 2010. This represents a 45.2 per cent decline from the 4,114 sales in July 2009, the highest selling July ever recorded, and a 24.1 per cent decline compared to June 2010.
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.
DATES AND LOCATIONS
Five Consecutive Weekdays (Monday - Friday)
May 3-7 (GTA East) (registration ends Sunday)
May 17-21 (GTA East)
May 31 - June 4 (Cambridge) - New!
June 21-25 (GTA West)
Five Consecutive Saturdays
May 29, June 5, 12, 19, 26 (GTA East)
The course is also available in Self-Study format. For those enrolled in Self-Study, exams are written in person in the Greater Toronto Area (GTA) 1-3 times per month. Alternate arrangements may be made for those who cannot travel to the GTA to write the exam (advance notice required, an additional fee may apply).
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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.
“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.
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.
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.
“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.
“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.
Anyone needing to meet the education requirement to become a mortgage agent in Ontario
Anyone wishing to gain knowledge about Canada's mortgage industry