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More people looking to buy homes

MARIO TONEGUZZI calgary herald 12.06.2009
MyCityToronto Is Bringing Something New To Toronto Real Estate

Selling and buying Toronto real estate just got a little easier thanks to a trusted area website. A long-standing website, MyCityToronto.com, announced plans to add a new real estate page to their already burgeoning website. Currently, the website is a local business directory featuring thousands of businesses in the Toronto area. More than 380 categories of businesses are featured on the website including real estate.

More people looking to buy homes

More people now think it is a good time to purchase a home, according to a national survey.

The northwestern portion of Lulu Island in Richmond is the second hottest real-estate market in the Lower Mainland, according to Century 21.

Century 21 released results of a survey today indicating that a Langley neighbourhood is the hottest real-estate market in the Lower Mainland.

Century 21 commissioned an independent researcher to examine 44 Lower Mainland neighbourhoods.

Yes, the Lower Mainland's real estate markets hit a downturn last year, but that's not to say there aren't still some must-live neighbourhoods that have bucked the trend of lower sales and falling prices.

Calgary headed for office real estate crisis

NATHAN VANDERKLIPPE the globe and mail 05.06.2009
Katherine Tung, 35, of Richmond is pursuing her first home purchase, a transaction that is particularly consequential, and not for her alone, a recent comment from the B.C. Real Estate Association suggests. The relative disappearance of the first-time buyer locally and recently was an absolute brake on tran

CALGARY - New housing prices across the country fell by three per cent in April compared with a year ago, primarily because of continuing declines in western Canadian centres.

Calgary headed for office real estate crisis

The city that most personified the exuberance of the commodities boom is set to lose its crown as the most expensive office market in the country.

The Coast residential project at the University of B.C.

VANCOUVER – A Richmond man who bought a new $3.5-million condominium at the University of B.C. can rescind the purchase contract because he was not fully informed about changes to the development, a judge has ruled.

This Muskoka "cottage" on Lake Rosseau is listed for sale at $3,995,000.

Sales are down, prices are falling and the peak selling season has started slowly. For the lucky few with a couple of million to spare, it's a buyers' market

GTA real estate market hot again, board says

Rob Roberts national post 03.06.2009

Lower Mainland real estate market strikes ‘balance’

GTA real estate market hot again, board says

Toronto’s real estate market has rebounded from dismal record lows, according to the Toronto Real Estate Board. House sales rose last month — up 2% from last May — for the first time since sales plummeted in the fall. Melissa Leong offers five things you should know:

‘Sales have increased, inventory has dropped and prices are stabilizing,’ says Paul Penner of the Fraser Valley Real Estate Board.

The decline of Lower Mainland real estate markets, which started with falling sales more than a year and saw prices drop as the global recession developed, levelled out in May.

Better Homes gets a new look

TONY WONG thestar.com 02.06.2009

Real estate bidding wars make a comeback

TONY WONG thestar.com 01.06.2009
Sherry Chris, president and CEO of Better Homes and Gardens Real Estate, shown in Toronto, April 17, 2009.

Sherry Chris admits the timing could have been better. When she launched her real estate company last summer in the United States, the stock market was imploding, while the U.S. housing market was seeing record foreclosures.

Real estate bidding wars make a comeback

Annoyingly for buyers, rejoicingly for sellers, bidding wars for Toronto real estate have surged back from extinction.

Toronto Real Estate: A Better Way To Buy And Sell

Laura Cosse officialwire.com 29.05.2009
Toronto Real Estate: A Better Way To Buy And Sell

TORONTO, ON CANADA — (OfficialWire) — 05/28/09 — estate agents, home buyers and home sellers in Toronto have a powerful tool in common; www.RealEstate.MyCityToronto.com. Nowhere else is there such a complete directory of Toronto’s top agents and their listings.

Canada Pension Plan Eyes Real Estate in U.S., U.K. (Update1)

May 28 (Bloomberg) -- The Canada Pension Plan Investment Board, the country’s second-biggest public pension manager, said it is looking at “significant” real-estate investments in the U.S., U.K. and Australia as values decline.

Commercial real estate investment lowest since '01 in Calgary

A construction worker walks on a steel beam as another piece of steel is moved into place, on The Bow, under construction in downtown Calgary. Commercial real estate investment in the Greater Calgary Area has fallen to its lowest level since 2001, according to research firm RealNet Canada Inc.

CALGARY - Commercial real estate investment in the Greater Calgary Area has fallen to its lowest level since 2001.

RioCan Real Estate Investment Trust Announces Details of Annual and Special Meeting of Unitholders

TORONTO, ONTARIO -- (Marketwire) -- 05/26/09 -- RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) today announced that it will be holding its Annual and Special Meeting of Unitholders on Wednesday, May 27, 2009 at 11:00 a.m. (ET) at SilverCity Theatres located at RioCan Yonge Eglinton Centre, 2300 Yonge Street, Toronto, ON.

B.C. home prices stabilizing: BCREA report

Holiday Inn Express To Open In 2010 As Quebec’s First Leed-Certified Hotel

IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that the company’s first LEED-certified hotel in Canada will host a groundbreaking ceremony on May 26, 2009, at 11:00 a.m. in Saint-Hyacinthe, Quebec. The Holiday Inn Express® and Suites Saint-Hyacinthe will be the first hotel in Quebec built to meet the criteria of the Leadership in Energy and Environmental Design (LEED) Green Building Rating System for its sustainable practices.

CREA forecast that B.C.'s average price will drop to $423,300, instead of the $406,300 average it forecast earlier.

Housing market conditions are improving more rapidly than expected with the average price for a home in B.C. now predicted to decline five percentage points less in 2009 than forecasted at the beginning of the year, the B.C. Real Estate Association said Tuesday.

HST looms over real estate sales

Emily Senger National Post 22.05.2009
HST looms over real estate sales

Just as Toronto's real estate market begins to recover, realtors and home builders are worried Ontario's new harmonized sales tax could send sales plummeting again.


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