Tag Archives: inventory levels

Mississauga, ON. (July 13, 2009) – 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, says RE/MAX. More balanced market conditions have emerged, effectively ending the stronghold that buyers had on the market over the past six to eight months. Canada’s largest markets, Toronto and Vancouver, …

Commentary regarding November 2008 Quick Stats: 2008 2007 % Change Number of Active Listings 27,037 18,309 + 48% New Listings this month 9,925 10,692 – 7% Sales this month 3,640 7,313 – 50% Average Days on Market 41 32 + 28 Average Price $368,582 $393,747 – 6.4% List Price vs. Sales Ratio 96% 98% – 2% Months of Inventory 7.43 …

Mississauga, ON (December 3, 2008) ?? Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres during the latter half of 2008. Although the forecast for 2009 promises more of the same, most markets are expected toweather the storm, says RE/MAX.The RE/MAX Housing Market Outlook for 2009 examined residential real estate trends in 22markets across …