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Cal Lindberg
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The President of The Canadian Real Estate Association, Cal Lindberg, explains why the Canadian real estate market will not follow the trends in the United States, and why there will not be a major decline in the value of Canadian homes. Click below for streaming |
OTTAWA - August 29th, 2008 - The number of new listings of homes for sale on the Multiple Listing Service® (MLS®) of all real estate Boards in Canada set a new record in July 2008, according to MLS® statistics released by The Canadian Real Estate Association (CREA).
New MLS® residential listings
Unit sales remain strong in Burlington
As we conclude the first half of 2008, the Burlington area real estate market is still showing customer confidence and enthusiasm, adding 350 unit sales in the month of June, this brings the monthly average year-to-date to 298 units sold per month or a total of
Burlington unit sales showed a volume of 1438 units sold as of May 31, 2008, at an average sale price of $351,756, averaging 97% of the asking price, while remaining on the market for a period of 43 days.
Comparing this volume with same period last year, unit sales were 1567 representing an 8.97%
January 1, 2008 to March 31, 2008 Statistics
Burlington Sales: 719 units, at an average price of $348,015. Remaining on the market for an average of 45 days.
Hamilton Sales: 1,136 units, at an average price of $192,431. Remaining on the market for an average of 50 days.
Ancaster Sales: 111
Read this recent message sent by Ms. Ann Bosley, 2007 CREA President, to all Canadian Real Estate boards and Associations;
Click here here for full report and statistics
January 23, 2008
Attn: Boards and Associations
The Canadian Real Estate Association today issued the attached news
Posted by: 0 in Market Activity, Economy on
Dec 13, 2007
Low interest rates, increased employment levels and a healthy economy spurred solid real estate activity in Hamilton-Burlington in 2007. The number of homes sold is expected to top 13,760 units by year-end, representing a 5% increase over 2006 levels. Average price is to climb 7% to $268,000, up
Posted by: 0 in Sales, Market Activity on
Dec 12, 2007
National MLS® resale housing activity in October 2007 reached its highest level on record for the month of October and sales remain on track for a new annual record, according to statistics released by The Canadian Real Estate Association (CREA).
Seasonally adjusted sales climbed 1.3 per cent
In the News 