Mississauga, ON (July 14, 2010) - Toronto's housing market roared back to life in the first half of 2010, with single-detached homes and condominium apartments and townhouses posting unprecedented double-digit gains in average price in most districts, according to a report released today by RE/MAX Ontario-Atlantic Canada. This is in stark contrast to the July 2009 RE/MAX report that found that values in approximately 80 per cent of neighbourhoods surveyed in Toronto had depreciated over the same period in 2008.
RE/MAX examined 63 Toronto Real Estate Board (TREB) districts in the single-detached category between January and June of 2010 and found that 85.7 per cent experienced double-digit gains. Mississauga's Lorne Park (W13) led in terms of percentage increase in average price with a 30.2 per cent upswing in the first six months of the year, bringing year-to-date values in the area to $880,373 (vs. $676289 in 2009 and $830,041 in 2008). Markham (N01) ranked second with a 27.7 per cent jump to $779,168 (vs. $610,322 in 2009 and $683,050 in 2008) while Armour Heights, Bathurst Manor (C06) came in a close third at 27.5 per cent (rising to $732,535 from $574,599 in 2009 and $589,808 one year earlier). Mississauga's Creditview, Erindale area (W16) secured fourth spot with an average price of $561,973-up 26.5 per cent over 2009's $444,221 and 2008's $476,877. Rounding out the top five was York Mills, Hogg's Hollow, Bridle Path (C12) with a 26.2 per cent increase over last year and an average price of $1,868,591 (vs. $1,480,296 in 2009 and $1,580,851 in 2008).
"While first-time buyers dominated housing markets during the first half of 2009, move-up buyers ruled during January to June of 2010," says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. "Rising interest rates and the introduction of the Harmonized Sales Tax (HST) in the province helped drive activity, with more than 50,000 sales reported year-to-date-a figure on par with record 2007 levels."
Showing posts with label REMAX Canada. Show all posts
Showing posts with label REMAX Canada. Show all posts
Wednesday, July 14, 2010
Tuesday, May 11, 2010
Real Trends 200 Largest Canadian Brokerages 2009
Prepared by Darryl Mitchell, Managing Broker, RE/MAX Professionals Inc. Brokerage
Congratulations to RE/MAX Professionals Inc. and their staff for ranking in the Top 20 Largest Brokerages in Canada for Closed Sales Volume in 2009. This prestigious ranking was published this month in REAL TRENDS magazine.
Not often do real estate companies get rated by independent sources, but REAL TRENDS magazine did just that in its most recent addition. REAL TRENDS, a well known American publication that publishes current news and views on real estate in the United States, crossed the Northern border for the first time as it estimated the relative success of Canada’s Top 200 Real Estate Brokerages.
REAL TRENDS U.S. numbers have been distributed for years. This year’s publication which rated the Brokerages across Canada by number of transactions and closed dollar sales volume is a first. This is the first time that an independent group has published a recognizable and coordinated resource for real estate companies and the public at large to compare which real estate brokerages are leaders in their distinctive communities.
In a separate twist, this report which also states the number of offices and agents registered to each company, allows the companies and Brands to be compared by effectiveness. From the 20 top sales dollar value companies, for instance, 12 or 60% are from RE/MAX, 5 or 25% are from Royal LePage, two are independents, and one is from Prudential Real Estate. This should not be too surprising as the overall national market share follows a similar trend with RE/MAX the dominant leader with over 35% National Market Share.
For RE/MAX PROFESSIONALS INC. the statistics show a remarkable story of success. Not only is RE/MAX Professionals 20th of the list of 200, but it achieved this with 270 agents in 3 offices far lower than many of the competitive companies in its area. As for the ranking by units sold in 2009, RE/MAX Professionals placed 37th of the 200 companies surveyed across Canada.
On a more local note, RE/MAX Professionals ranked 7th of the Greater Toronto Area participants and was one of five RE/MAX sister brokerages in the Top 20 by Closed Dollar Volume. Two Royal LePage brokerages also made this prestigious list of seven GTA companies. Again, overall market share in the GTA region supports this trend as RE/MAX hold the number one market share in all the GTA communities from plus 31% in Toronto to plus 35% in Mississauga.
Congratulations to all of the successful real estate brokerages and their dedicated Realtors!
Congratulations to RE/MAX Professionals Inc. and their staff for ranking in the Top 20 Largest Brokerages in Canada for Closed Sales Volume in 2009. This prestigious ranking was published this month in REAL TRENDS magazine.
Not often do real estate companies get rated by independent sources, but REAL TRENDS magazine did just that in its most recent addition. REAL TRENDS, a well known American publication that publishes current news and views on real estate in the United States, crossed the Northern border for the first time as it estimated the relative success of Canada’s Top 200 Real Estate Brokerages.
REAL TRENDS U.S. numbers have been distributed for years. This year’s publication which rated the Brokerages across Canada by number of transactions and closed dollar sales volume is a first. This is the first time that an independent group has published a recognizable and coordinated resource for real estate companies and the public at large to compare which real estate brokerages are leaders in their distinctive communities.
In a separate twist, this report which also states the number of offices and agents registered to each company, allows the companies and Brands to be compared by effectiveness. From the 20 top sales dollar value companies, for instance, 12 or 60% are from RE/MAX, 5 or 25% are from Royal LePage, two are independents, and one is from Prudential Real Estate. This should not be too surprising as the overall national market share follows a similar trend with RE/MAX the dominant leader with over 35% National Market Share.
For RE/MAX PROFESSIONALS INC. the statistics show a remarkable story of success. Not only is RE/MAX Professionals 20th of the list of 200, but it achieved this with 270 agents in 3 offices far lower than many of the competitive companies in its area. As for the ranking by units sold in 2009, RE/MAX Professionals placed 37th of the 200 companies surveyed across Canada.
On a more local note, RE/MAX Professionals ranked 7th of the Greater Toronto Area participants and was one of five RE/MAX sister brokerages in the Top 20 by Closed Dollar Volume. Two Royal LePage brokerages also made this prestigious list of seven GTA companies. Again, overall market share in the GTA region supports this trend as RE/MAX hold the number one market share in all the GTA communities from plus 31% in Toronto to plus 35% in Mississauga.
Congratulations to all of the successful real estate brokerages and their dedicated Realtors!
Monday, May 3, 2010
Reader's Digest names RE/MAX 'Most Trusted Residential Real Estate Brand in Canada'
Mississauga, ON (May 3, 2010) -- Dedication, skill, and professionalism earned RE/MAX realtors the designation of Most Trusted Residential REALTOR in Canada by Reader’s Digest magazine. Reader’s Digest will unveil its “Most Trusted Brands” list in its May 2010 issue. The magazine commissioned independent third party Harris/Decima to conduct 1,500 online surveys among a random sample of its panel members from October 2 – 15, 2009.
“The results of the survey are proof positive that our sales associates are the best in the business,” says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. “We’ve built a solid reputation based on consistent results. RE/MAX associates sell one in every three homes in Canada and carry more professional designations than any other realtor in Canada. We’re specialists in all niches from residential, recreational, and commercial properties to luxury homes. Our focus has always been service excellence, which includes a serious emphasis on professional development and education. The status quo may work for some, but after almost 40 years in the business, we’re not content to rest on our laurels. “
Reader’s Digest looked at 28 different product categories -- ranging from cereal to residential real estate – and allowed consumers to select the brands that they trusted the most. RE/MAX joins leading brands such as RBC Royal Bank, TD Canada Trust, Air Canada, and Blackberry.
“Our commitment to the communities in which we live and work also runs deep,” says Polzler. “I think that’s something that has always set RE/MAX apart. We’ve been involved in charitable giving long before the terms ‘corporate philanthropy’ and ‘cause marketing’ were common. RE/MAX realtors participate in countless vital programs and causes each year that help the most vulnerable members of our society and strengthen the foundation of neigbhourhoods from coast to coast. Their enthusiasm, spirit and dedication to others never fails to inspire.”
Charitable giving is woven into the fabric of the RE/MAX organization. The company and its sales force has demonstrated a strong desire to give back, exceptionally active in both corporate and local charities. Close to $40 million has been raised in support of Children’s Miracle Network since 1992 – which funds research and development, outreach programs and upgrades to equipment and facilities at children’s hospitals and foundations across the country. The Canadian Breast Cancer Foundation is also a cause close to the hearts of RE/MAX associates—one that RE/MAX continues to support through its popular Sold on a Cure Program and the annual Yard Sale for the Cure.
RE/MAX is Canada’s leading real estate organization with over 17,500 sales associates situated throughout its more than 680 independently-owned and operated offices across the country. The RE/MAX franchise network, now in its 37th year, is a global real estate system operating in 80 countries. Over 6,450 independently-owned offices engage over 92,000 member sales associates who lead the industry in professional designations, experience, and production, while providing real estate services in residential, commercial, referral, and asset management.
For more information, visit: www.remax.ca.
For more information:
Christine Martysiewicz
RE/MAX Ontario-Atlantic Canada
905.542.2400
“The results of the survey are proof positive that our sales associates are the best in the business,” says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. “We’ve built a solid reputation based on consistent results. RE/MAX associates sell one in every three homes in Canada and carry more professional designations than any other realtor in Canada. We’re specialists in all niches from residential, recreational, and commercial properties to luxury homes. Our focus has always been service excellence, which includes a serious emphasis on professional development and education. The status quo may work for some, but after almost 40 years in the business, we’re not content to rest on our laurels. “
Reader’s Digest looked at 28 different product categories -- ranging from cereal to residential real estate – and allowed consumers to select the brands that they trusted the most. RE/MAX joins leading brands such as RBC Royal Bank, TD Canada Trust, Air Canada, and Blackberry.
“Our commitment to the communities in which we live and work also runs deep,” says Polzler. “I think that’s something that has always set RE/MAX apart. We’ve been involved in charitable giving long before the terms ‘corporate philanthropy’ and ‘cause marketing’ were common. RE/MAX realtors participate in countless vital programs and causes each year that help the most vulnerable members of our society and strengthen the foundation of neigbhourhoods from coast to coast. Their enthusiasm, spirit and dedication to others never fails to inspire.”
Charitable giving is woven into the fabric of the RE/MAX organization. The company and its sales force has demonstrated a strong desire to give back, exceptionally active in both corporate and local charities. Close to $40 million has been raised in support of Children’s Miracle Network since 1992 – which funds research and development, outreach programs and upgrades to equipment and facilities at children’s hospitals and foundations across the country. The Canadian Breast Cancer Foundation is also a cause close to the hearts of RE/MAX associates—one that RE/MAX continues to support through its popular Sold on a Cure Program and the annual Yard Sale for the Cure.
RE/MAX is Canada’s leading real estate organization with over 17,500 sales associates situated throughout its more than 680 independently-owned and operated offices across the country. The RE/MAX franchise network, now in its 37th year, is a global real estate system operating in 80 countries. Over 6,450 independently-owned offices engage over 92,000 member sales associates who lead the industry in professional designations, experience, and production, while providing real estate services in residential, commercial, referral, and asset management.
For more information, visit: www.remax.ca.
For more information:
Christine Martysiewicz
RE/MAX Ontario-Atlantic Canada
905.542.2400
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