Economic recovery fuels significant upswing in sales in Canada’s recreational property markets, says RE/MAX
Serious year-over-year gains have characterized sales in most major Canadian recreational property markets this year, according to a report released today by RE/MAX. The 2010 RE/MAX Recreational Property Report, highlighting sales, prices, trends and developments in close to 50 markets from coast-to-coast, found that 79 per cent of recreational areas reported an upswing in the number of...
Read MoreCanadian housing markets buck recession and trend upwards, says RE/MAX
With the worst of the recession over, residential real estate markets in major Canadian centres are poised for growth in the final quarter of 2009, according to a report released today by RE/MAX. The RE/MAX Bricks and Mortar Report found the bounce back that began in early Spring has made this recession one of the shortest on record. Low interest rates, pent-up demand, and improved...
Read MoreGTA Return On Investment
GTA real estate proves resilient during first six months of 2009, says RE/MAX – One in five neightbourhoods have surpassed pre-recession average price levels. In the midst of the recession, approximately twenty per cent of single-detached homes and condominiums in Greater Toronto Area neighbourhoods managed to post an increase in average price, according to RE/MAX. The RE/MAX Return on...
Read MoreSurge in Residential Home Sales
Recovery underway in key Canadian markets ends buyer dominance in resale housing, says RE/MAX Pent-up demand for residential housing has bolstered sales in Canada’s major markets—a clear signal that the housing sector has shifted into recovery mode, according to a report issued by RE/MAX. More balanced market conditions have emerged, effectively ending the stronghold that buyers had on the...
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