RITA MOLLICONE, Sales Representative
HomeLife/Bayview Realty Inc., Brokerage*
Office:905-889-2200 Direct:416-508-2949 E-mail:rmollicone@trebnet.com
Housing starts dip 20% (Calgary Sun)
Signs are mounting that 2008 will be a major rebalancing year for Calgary's real estate market after yet another report shows the market continued to cool significantly in April.
Categories: Canada, Real Estate news
Housing sales flat in April (Ottawa Business Journal)
Housing sales in Ottawa were somewhat flat in April, despite a five-per-cent increase in condominiums, according to a new report by the Ottawa Real Estate Board.
Categories: Canada, Real Estate news
Condos increasingly attractive to urban buyers: TD Canada Trust (Regina Leader-Post)
Condos are increasingly becoming urban Canadians’ residence of choice, as the lure of low maintenance and affordability boosts the number of potential buyers to almost half of the marketplace, says TD Canada Trust.
Categories: Canada, Real Estate news
Reuters Canada Business Summary (The Globe and Mail)
TORONTO (Reuters) - Wal-Mart Canada said on Thursday it will complete 25 to 27 real estate projects by the end of January 2009, creating 6,000 new in-store jobs.
Categories: Canada, Real Estate news
Housing market forecast to remain robust (Canada.com)
Housing sales will remain robust during 2008 but the volume of sales will ease back from the record levels seen in 2007, the Canadian Real Estate Association said Tuesday.
Categories: Canada, Real Estate news
Reuters Canada Business Summary (The Globe and Mail)
TORONTO (Reuters) - Wal-Mart Canada said on Thursday it will complete 25 to 27 real estate projects by the end of January 2009, creating 6,000 new in-store jobs.
Categories: Canada, Real Estate news
Wal-Mart Canada rolls out expansion plan (The Globe and Mail)
Retailer says it will go ahead with up to 27 new real estate projects, with half of those projects involving new stores
Categories: Canada, Real Estate news
Wal-Mart Canada rolls out expansion plan (The Globe and Mail)
Wal-Mart Canada Corp., which will open its 300th store in Canada this spring, has announced plans for up to 27 new real estate projects by the end of January, 2009.
Categories: Canada, Real Estate news
Beware: Real estate fraud is real (Cochrane Times)
A friend of a friend has a fantastic real estate “investment” opportunity for you: No need to put up any money, simply hold properties for a short time before they are flipped -- and you and your new “friend” split the profits.
Categories: Canada, Real Estate news
Housing remains stable across Canada (Cochrane Times)
Canada's real estate market has remained stable during the first months of 2008, with healthy year-over-year house price gains and resilient local economies, high immigration levels and low interest rates.
Categories: Canada, Real Estate news
Business Briefs (London Free Press)
OTTAWA -- Real-estate agents, brokers, appraisers and other real-estate industries reported total operating revenues of $10.6 billion for 2006, an 8.1 per cent increase from 2005. Statistics Canada says high demand for real estate has boosted both sales and prices despite a slight increase in mortgage rates.
Categories: Canada, Real Estate news
Market tips in buyers' favour (London Free Press)
For years home sellers have had the upper hand in the London real estate market. But a growing number of listings are staring to tip the balance toward homebuyers, according to figures released by the London and St. Thomas Association of Realtors (LSTAR).
Categories: Canada, Real Estate news
Home sales will fall 11.5% this year, realty group predicts (CBC)
Residential home sales in Canada this year will fall 11.5 per cent from last year's record level, a major real estate organization predicted Tuesday.
Categories: Canada, Real Estate news
B.C. real estate sales cool, but prices still expected to rise (CBC British Columbia)
Home sales in B.C. may be cooling off after hitting a record pace in recent years, but prices are expected to continue to rise for the next two years.
Categories: Canada, Real Estate news
Sales of existing homes forecast to drop this year (The Globe and Mail)
Prices on resales projected to rise at moderate pace, real estate group says
Categories: Canada, Real Estate news
Sales of existing homes forecast to drop this year (The Globe and Mail)
Existing home sales are expected to fall 11.5 per cent in Canada this year and 4 per cent in 2009, according to a forecast released Tuesday by The Canadian Real Estate Association (CREA).
Categories: Canada, Real Estate news
Priced Out (Vancouver Province)
Metro Vancouver is in the midst of a real-estate crisis. Well-off professionals who are among the top 10 per cent of earners in Canada can't afford to buy a house here. Married couples are living in parents' basements and children are being raised in condos. Mortgages are lasting 40 years.
Categories: Canada, Real Estate news
Canadian real estate industry revenues up (Toronto Star)
OTTAWA–Real-estate agents, brokers, appraisers and other real-estate industries reported total operating revenues of $10.6 billion for 2006, an 8.1 per cent increase from 2005.
Categories: Canada, Real Estate news
Customer Service (Brandon Sun)
TORONTO - Brookfield Real Estate Services Fund (TSX:BRE.UN), a major property brokerage services company that operates through the Royal LePage and other brands, reported its first quarter net profits rose to nearly $1.3 million from $912,000 last year as the company benefited from a robust home selling market that is now starting to moderate.
Categories: Canada, Real Estate news
Real-estate industries report 8.1% revenue increase in 2006 (The Canadian Press via Yahoo! Canada News)
OTTAWA - Real-estate agents, brokers, appraisers and other real-estate industries reported total operating revenues of $10.6 billion for 2006, an 8.1 per cent increase from 2005.
Categories: Canada, Real Estate news