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Recent Blog Posts by CENTURY 21 Millennium Inc.
THE CANADIAN REAL ESTATE ASSOCIATION REVISED 2011 FORECAST AND EXTENDED IT TO 2012 The Canadian Real Estate Association (CREA) have revised their 2011 forecast to include 2012. Click here see the news release with the revised forecast. Posted by Martin Minda on February 11, 2011		More
Canadian Real Estate Association (CREA) Releases Latest Resale Statistics Ottawa - December 15th, 2010- The Canadian Real Estate Association (CREA) has released the latest statistics regarding national resale activity, which is showing a return to normal levels. Please click here to read the the full article. Posted by Martin Minda on December 20, 2010		More
August 2010 Stats for The Canadian Market Attached are some statistics for the Canadian Real Estate Association (CREA) that will show you the rising activity in the real estate market, including sale prices and activity. Since March 2010 the real estate market, in Canada has not seen an increase. But in August of 2010, mainly in Ontario & British Columbia, we saw a 4.1 percent increase from previous ... Posted by Martin Minda on September 24, 2010		More
Thinking About Purchasing a 2nd Home......What about HST? As we all know by now, the new HST (Harmonized Sales Tax) will be taking effect as of July 1st, 2010. But now purchasing a newly build second home will cost a lot more then it has in the past with the new tax. Any type of home purchased, for example cottages, weekend condo's etc will be subject to HST, which means ten of thousands of dollars will be added onto the cost of your second home. This ... Posted by Martin Minda on June 2, 2010		More
Relax! It's just another market housing cycle. House prices in Canada will not be going down the same road as the U.S. style pricing. Click here to view CREA's Housing Report. Posted by Martin Minda on June 2, 2010		More
Mortgage Insurance Rules Announcement Federal Finance Minister, Jim Fleherty, annouced prudent changes to mortgage insurance rules intended to come into force on April 19th, 2010. CAAMP (Canadian Association Of Accredited Mortgage Professionals) was actively engaged in the discussions around these changes, which are as follows: All borrowers must meet the standards for a five-year fixed rate mortgage even if you choose a mortgage ... Posted by Martin Minda on March 9, 2010		More
CREA forecasts national activity will reach record level in 2010 Resale housing forecast extended to 2011 OTTAWA – February 8, 2010 – The Canadian Real Estate Association has revised its forecast for home sales via the MLS® Systems of Canadian real estate boards in 2010, and extended the forecast to 2011. Please see here for full article Posted by Martin Minda on February 8, 2010		More
Steady flow of newcomers buoys demand for sales December 18, 2009 -- While low interest rates have enhanced affordability, they are only one factor contributing to the market’s strength. The steady stream of newcomers to the Greater Toronto Area, all of whom have housing needs, are another important factor says Tom Lebour the President of the Toronto Real Estate Board in his column in the Toronto Star. Please click here for full article ... Posted by Martin Minda on December 23, 2009		More
News Release from CREA in regards to MLS® activity for November... OTTAWA – December 15th, 2009 –According to statistics released by The Canadian Real Estate Association, existing home sales activity remained upbeat in November 2009. The current strength of housing demand stands in sharp contrast to weak activity recorded one year ago. Please click here to view full article Posted by Martin Minda on December 15, 2009		More
The Canadian Real Estate Association Revised Home Sales Forecast For 2009 and 2010 Monthly MLS® home sales activity continues to run strong, with new monthly records set in July, September, and October. This has prompted The Canadian Real Estate Association to revise its MLS® home sales forecast for 2009 and 2010. For full story click here...... Posted by Martin Minda on November 16, 2009		More
October a record breaking month for MLS® resale housing market According to The Canadian Real Estate Association, sales activity reached the highest level ever for the month of October. Residential sales activity via the Multiple Listing Service® (MLS®) of Canadian real estate boards numbered 42,288 units. This is up 41.5 per cent compared to October 2008, when news of the global financial crisis hammered consumer confidence. New records for the month ... Posted by Martin Minda on November 16, 2009		More
Canada Mortgage and Housing Corporation’s (CMHC) - Housing Activity to Strengthen in 2010 Housing starts have started to recover and are expected to continue to improve in the second half of 2009 also demand for existing homes has rebounded since the beginning of the year. In addition, lower inventory levels characterize both the new and existing home markets which should result in stronger 2010 activity. Please click here for full story Posted by Martin Minda on November 2, 2009		More
The Canadian Real Estate Association Revised Home Sales Forecast Due to the stronger home sales in the second quarter 2009, CREA has issued a change to the MLS® home sales forecast for 2009 and 2010. For the full news release, please click here Posted by Martin Minda on August 28, 2009		More
MARKET REBOUNDING!!! The Canadian Real Association (CREA) releases the latest stats in the real estate market with very encouraging numbers.Good news for most of Canada! to view the article please click here..... Posted by Martin Minda on August 14, 2009		More
The Canadian Real Estate Association reports second quarter of 2009 The Canadian Real Estate Association (CREA) reports second quarter of 2009 - the fourth strongest quarterly sales figure ever please click here for full report Posted by Martin Minda on July 15, 2009		More
CENTURY 21 in the News! June 22, 2009 CENTURY 21 in the News! CENTURY 21 Canada released a White Paper today entitled "Real Estate Statistics 101: What every Canadian homeowner should know about home price statistics", authored by Don Lawby, President of CENTURY 21 Canada. This is a follow up to an Op Ed piece that was submitted to media in six major Canadian cities on May 21, 2009 to view full document click here Posted by Martin Minda on June 22, 2009		More
REALTORS® welcome federal housing initiatives in stimulating Canadian economy REALTORS® welcome federal housing initiatives in stimulating Canadian economy The Canadian Real Estate Association (CREA) welcomes the federal government initiatives to stimulate economic growth outlined in the 2009 budget, especially those that will encourage home ownership in Canada. The Association applauds the government for recognizing the economic importance of the housing industry in some ... Posted by Martin Minda on January 27, 2009		More

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