This Electronic Version of RECOnnect is full of great articles to forward to your clients including a very good article about safegaurding valuables during an openhouse.
http://www.reco.on.ca/publicdocs/ElectronicNewsletters/Summer2011/Uniflip/index.html
Friday, July 29, 2011
Thursday, July 28, 2011
Canadian Home Prices up1.3% in May
Canadian home prices up 1.3% in May
Canadian home prices in May were up 1.3% from the previous month, according to the Teranet-National Bank National Composite House Price Index™. This rise took the index to a new high of 142.27 (June 2005 = 100). It was the second consecutive monthly increase exceeding 1% and the largest since July 2010. It was also the sixth consecutive monthly rise, coming after three straight monthly declines. As in April, prices were up in all six of the metropolitan markets surveyed. The May gain was 1.6% in Vancouver and Toronto, 0.7% in Montreal, 0.6% in Calgary, 0.5% in Ottawa and 0.1% in Halifax. For Vancouver it was the eighth consecutive monthly increase. The Toronto index topped its recent peak of July 2010. Calgary prices, meanwhile, are still 4.6% below their previous peak. The index for Ottawa was only fractionally away from its August 2010 peak. Indexes for the other three markets passed their respective peaks some time ago in the recovery from the correction of late last year.
Canadian home prices in May were up 1.3% from the previous month, according to the Teranet-National Bank National Composite House Price Index™. This rise took the index to a new high of 142.27 (June 2005 = 100). It was the second consecutive monthly increase exceeding 1% and the largest since July 2010. It was also the sixth consecutive monthly rise, coming after three straight monthly declines. As in April, prices were up in all six of the metropolitan markets surveyed. The May gain was 1.6% in Vancouver and Toronto, 0.7% in Montreal, 0.6% in Calgary, 0.5% in Ottawa and 0.1% in Halifax. For Vancouver it was the eighth consecutive monthly increase. The Toronto index topped its recent peak of July 2010. Calgary prices, meanwhile, are still 4.6% below their previous peak. The index for Ottawa was only fractionally away from its August 2010 peak. Indexes for the other three markets passed their respective peaks some time ago in the recovery from the correction of late last year.
Teranet – National Bank National Composite House Price Index™
Wednesday, July 27, 2011
Another Agent Joins RE/MAX and Finds Success! Read Brian Melville's Story!
Take your business to the next level - find out what's happening at RE/MAX Professionals!
Monday, July 25, 2011
Interesting Information for Boaters!
Those who boat between the US and Canada (or want to inform clients that do)
should note this Fact Sheet.
should note this Fact Sheet.
Wednesday, July 20, 2011
How will this new Anti-Spam regulation affect us?
Industry Canada has now posted its anti-spam regulations. They deal with
personal and family relationship within the Act and conditions for use of
consent.
personal and family relationship within the Act and conditions for use of
consent.
Tuesday, July 19, 2011
Those who boat between the US and Canada (or want to inform clients that do)
Those who boat between the US and Canada (or want to inform clients that do) should have a look at the attached link.
Wednesday, May 18, 2011
Demand for luxury homes intensifies amid rising Canadian and global wealth
Mississauga, ON (May 18, 2011) - Improved financial standing among high net worth individuals is the major factor driving strong sales activity at the top end of Canadian housing markets, according to a report released today by RE/MAX.
RE/MAX Ontario-Atlantic Canada and RE/MAX of Western Canada examined 12 major centres from coast-to-coast and found that luxury sales have surged in close to two-thirds of housing markets between January 1 and April 30 of this year, compared to the same period in 2010. Leading in terms of percentage increases over the four-month period were Greater Vancouver (118 per cent) - where foreign investment has also played a major role - Ottawa (59 per cent), Calgary (51 per cent), Halifax-Dartmouth (27 per cent), Winnipeg (24 per cent), Hamilton-Burlington (13 per cent) and Greater Toronto (nine per cent). Six of the seven major cities - with the exception of Calgary - are poised to set new records in top-end activity by year-end. Several are just short of peak levels reported in 2010, such as Victoria, Regina, and London-St. Thomas.
RE/MAX Ontario-Atlantic Canada and RE/MAX of Western Canada examined 12 major centres from coast-to-coast and found that luxury sales have surged in close to two-thirds of housing markets between January 1 and April 30 of this year, compared to the same period in 2010. Leading in terms of percentage increases over the four-month period were Greater Vancouver (118 per cent) - where foreign investment has also played a major role - Ottawa (59 per cent), Calgary (51 per cent), Halifax-Dartmouth (27 per cent), Winnipeg (24 per cent), Hamilton-Burlington (13 per cent) and Greater Toronto (nine per cent). Six of the seven major cities - with the exception of Calgary - are poised to set new records in top-end activity by year-end. Several are just short of peak levels reported in 2010, such as Victoria, Regina, and London-St. Thomas.
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