Want to Warm Up Your Heart?

Volunteering your time is one of the most rewarding things you can do. On Friday, July 13, 2012, REALTORS Care Foundation and OREA staff participated in a Habitat for Humanity Toronto Adopt A Day Program or Build Day. Working alongside Habitat volunteers, staff hammered, drilled and painted. By the end of the day we were covered in sweat, … Continued

Ontario residential home sales edge up in December

Sales activity recorded through the MLS® Systems of Ontario real estate Boards and Associations rose 5.6 per cent from December 2010 to December 2011. Activity rose in more than half of all local markets, with monthly declines posted in most of the remaining markets. A total of 10,089 homes traded hands via Ontario MLS® Systems … Continued

Ontario home starts rise in 2011

Preliminary estimates of all area home starts across the province of Ontario grew to nearly 68,000 units in 2011, up 12 per cent from 2010, according to the Canadian Mortgage and Housing Corporation (CMHC). All of the increase last year came from a jump in construction for multi-family housing, which includes semi-detached, row and apartment … Continued

Ontario home starts moderate in September

The Ontario preliminary Seasonally Adjusted Annual Rate (SAAR) of home starts across urban centres inched lower in September according to the Canadian Mortgage and Housing Corporation (CMHC). An estimated 63,000 residential housing units got started in the latest month, down from a revised 65,300 units in July.

More Stability in Ontario Housing Markets

Ontario housing activity has stabilized in recent months and housing demand will show a modest recovery through the latter part of 2011 and into 2012, according to the Canada Mortgage and Housing Corporation (CMHC). Highlights of the Ontario forecast include: • Ontario economy lags activity in rest of Canada during 2011/12 after leading in 2010. … Continued