Housing Outlook 2012
Canadian residential real estate defied conventional logic and outperformed expectations in 2011, posting another solid year of housing activity virtually across the board. The trend is expected to carry forward into 2012 as Canadians continue to demonstrate their faith in homeownership, despite concerns over the European debt crisis and its impact on the global economy, according to a report released by RE/MAX.
The RE/MAX Housing Market Outlook 2012 examined trends and developments in 26 major markets across the country. Eighty-eight per cent (23/26) anticipated average price increases by year-end 2011—with percentage hikes ranging from one to 16 per cent. The forecast for 2012 shows the upward trend moderating, but still ahead of 2011 figures. Overall home sales are expected to remain on par or ahead of last year’s levels in 85 per cent (22/26) of markets in 2011—including Saskatoon with a year-over-year percentage increase of 13 per cent and an eight per cent uptick in Calgary, Winnipeg, Hamilton-Burlington and Sudbury. Almost half of Canadian markets will match the 2011 performance, while the remainder should post increases ranging from one to five per cent next year.
Categories: Press Release
CRM: It's about service!
Customer Case Study: Google Apps integrated with Solve360 CRM moves people, literally
Here’s a story most business folks can relate to — established in 1959, Taylor Moving starts with 1 truck and a handful of employees. Dad grows the business. Sons take over, expanding to 100 staff and operate a network handling international employee moves.
Fast forward to the present and those sons find themselves asking “How can we stay competitive and keep growing the business?” Son Rick Taylor knew more of the same wasn’t going to cut it. “Our coordinators, our sales team, they were spending far too much time doing internal stuff and not talking to clients.”
Categories: Press Release
Ontario's Housing Forecast
September 06 2011 | Rick Taylor
TORONTO, ONTARIO--(Marketwire - Aug. 24, 2011) - Ontario housing activity is set to moderate in the next few months and isn't expected to stabilize until the latter part of 2011 according to the 2011 Third Quarter CMHC Housing Market Outlook - Canada Edition released today.
Highlights of the Ontario forecast include:
- Ontario economy lags activity in rest of Canada during 2011/12 after leading in 2010
- Current trends suggest existing home sales will slow before growing modestly into 2012
- Owing to economic uncertainty, Ontario sales will range between 172,000 to 216,000 transactions this year and next
- After sharp increases early this year, Ontario home prices will ease in the next few months and grow closer to inflation by 2012 as markets move to a more balanced state
- Ontario home starts will moderate the rest of this year and into 2012 before growing later next year
- Owing to economic uncertainty, starts will range between 53,000 to 68,000 units this year and next.
- Demand for apartment ownership and rental accommodation will remain strong.
"Consumer buying patterns, particularly in more expensive southern Ontario markets, will increasingly shift to less expensive housing over the next few years thanks to higher home prices. This bodes well for the apartment ownership and rental sector," said Ted Tsiakopoulos, CMHC's Ontario Regional Economist. "Northern Ontario housing markets are an exception as strong activity in the mining sector and relatively more affordable housing will support growing demand for low density housing," added Tsiakopoulos.
Categories: Press Release
Ribfest will soon be here!
Canada’s Largest Ribfest, organized by the Rotary Club of Burlington Lakeshore, is ready for its 16th year of bringing you a family-friendly, four-day food extravaganza! As one of the leading annual events in the Greater Toronto Area, Canada’s Largest Ribfest brings together 18 Ribber Teams from across North America, hungry to compete for the Best Ribs Title, and more than 100,000 people hungry to taste their mouth-watering fare! But that’s not all! There are also great musical guests, and activities and games for kids of all ages – all in beautiful Spencer Smith Park in Burlington on the north shore of Lake Ontario. The proceeds from this event go directly to the community – a good cause, good food, good times and the perfect way to bid farewell to summer.
Categories: Press Release
Moving day- what about the kids?
The summer is the period of peak demand for moving companies. This is the best time for families to relocate to avoid disrupting their children’s education.
Moving can be a major upheaval for children. They feel anxious about separation fromfriends, schools and neighborhoods. Involving children in planning the move can help to calmtheir fears.
When you arrive in your newcommunity, you may find that organized summer activities are already under way. Itmay be too late for your children to participate. Neighbourhood kids may be away on vacation, making it difficult to make new friends immediately. Theremay be several weeks before newfriends can bemade at school.
Categories: Press Release
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Housing Outlook 2012
The following post is a reprinted press release outlining Remax Canada's housing market outlook for 2012.
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