Hamilton/ Burlington Ontario Real Estate, Royal LePage State Realty Brokerage, MLS Listings, Houses, Homes for Sale

Open House 2283 Springfield court, Mississauga in Erin Mills/Fowler area on Saturday May 20th. 2012. 2-4pm

Charlie Cannizzaro Sales Representative — Thu, 17 May 2012 00:00:00 GMT

Erin Mills/Fowler, Mississauga - We invite everyone to visit our open house at 2283 SPRINGFIELD Court on May 20 from 2:00 PM to 4:00 PM.

Property information

Open House 2283 Springfield court, Mississauga in Erin Mills/Fowler area on Saturday May 12th. 2012. 2-4pm

Charlie Cannizzaro Sales Representative — Tue, 08 May 2012 21:17:00 GMT

Erin Mills/Fowler, Mississauga - We invite everyone to visit our open house at 2283 SPRINGFIELD Court on May 12 from 2:00 PM to 4:00 PM.

Property information

Open House in Ancaster on Sunday

Charlie Cannizzaro Sales Representative — Tue, 01 May 2012 17:04:00 GMT

Ancaster, Hamilton - We invite everyone to visit our open house at 121 KENDRICK Court on May 6 from 12:14 AM to 4:00 PM.

Property information

Condominium Market in March: More Sales and Fewer Listings

Charlie Cannizzaro Sales Representative — Mon, 23 Apr 2012 22:07:00 GMT

Condominium Market in March: More Sales and Fewer Listings

(April 5, 2012 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1365 property sales through the RAHB Multiple Listing Service® (MLS®) for the month of March. RAHB also reported a 6.9 per cent increase in average sale price for the month compared to March of last year.

First quarter sales of all property types were 2.4 per cent higher than the first quarter of 2011 and average sale price was 7.1 per cent higher than the same period last year. The end-of-period listing inventory was 14.5 per cent lower than last year. First quarter residential sales were 2.9 per cent higher than 2011.

Seasonally adjusted* sales of residential properties were 2.5 per cent higher than the same month last year, with the average sale price increasing 8 per cent for the month. Seasonally adjusted numbers of new listings, however, were 8.7 per cent lower than the same month last year.

Click here for the full media release including the charts for Seasonally Adjusted Residential Only, All property types, Residential only-Actual, Freehold only-Actual, Condominium only-Actual and Commercial - Actual.

Click here for the Residential Real Estate Market Activity chart for the City of Hamilton.

Click here for the Residential Real Estate Market Activity chart for Burlington.

source;

REALTORS® Association
of Hamilton-Burlington

Open House in Erin Mills/Fowler on Saturday

Charlie Cannizzaro Sales Representative — Sun, 22 Apr 2012 14:10:00 GMT

Erin Mills/Fowler, Mississauga - We invite everyone to visit our open house at 2283 SPRINGFIELD Court on April 28 from 2:00 PM to 4:00 PM.

Property information

Open House Saturday April 21st, 2:00 - 4:00 pm, 2283 Springfield Court, Mississauga, Ontario

Charlie Cannizzaro Sales Representative — Wed, 18 Apr 2012 21:24:00 GMT

Open House Saturday April 21st, 2:00 - 4:00 pm, 2283 Springfield Court, Mississauga, Ontario

Agent Open House at 121 Kendrick Court, Ancaster, Wednesday April 18th 10 am - 12 pm

Charlie Cannizzaro Sales Representative — Tue, 17 Apr 2012 10:30:00 GMT

http://www.121kendrickcourtancaster.com/home

Open House in Erin Mills/Fowler on Saturday

Charlie Cannizzaro Sales Representative — Mon, 16 Apr 2012 17:49:00 GMT

Erin Mills/Fowler, Mississauga - We invite everyone to visit our open house at 2283 SPRINGFIELD Court on April 21 from 2:00 PM to 4:00 PM.

Property information

310 - 80 King William Stree, Hamilton, Ontario . New Price $189,900

Charlie Cannizzaro Sales Representative — Fri, 13 Apr 2012 21:22:00 GMT

FILMWORKS LOFT, DOWNTOWN LIVING IN THIS 893 SQFT UNIT WITH HIGH CEILINGS. FEATURES INCLUDE: LAMINATE AND CERAMIC FLOORING, 1.5 BATHROOMS, INSUITE LAUNDRY, STACKABLE WASHER/DRYER, STAINLESS STEEL FRIDGE/STOVE, DISHWASHER AND MICROWAVE. STEPS TO LIBRARY, GO STATION, SHOPPING, YMCA, FARMERS MARKET, RESTAURANTS, ETC. ROOM SIZES APPROX. SQUARE FOOTAGE APPROX. ||

http://www.charliecan.com/Hamilton/Ontario/Condos/Hamilton_Centre/Agent/Listing_1152564038.html

Open House in Erin Mills/Fowler on Sunday

Charlie Cannizzaro Sales Representative — Wed, 28 Mar 2012 16:40:00 GMT

Erin Mills/Fowler, Mississauga - We invite everyone to visit our open house at 2283 SPRINGFIELD CT on April 1 from 2:00 PM to 4:00 PM.

Property information

New Listing! 121 Kendrick Court, Ancaster

Charlie Cannizzaro Sales Representative — Wed, 28 Mar 2012 10:27:00 GMT

Attractive two storey, 3 bedroom, home with approx. 1800 sq ft of charming living space. Home features: 2.5 baths, Brazilian cherry hardwood flooring throughout the living and dining rooms and solid oak staircase. Kitchen boasts upgraded maple cabinets with crown moulding, blacksplash, potlights and ceramic flooring. California knock down ceiling throughout main floor. Large master bedroom with walkin closet, 4 piece ensuite with separate shower and tub. Central vacuum, bathroom roughin in basement, shed, lovely metal gazebo, exposed aggregate driveway and front porch. Truly a pleasure to view.

27 Twinoaks Crescent , Stoney Creek Mountain

Charlie Cannizzaro Sales Representative — Sun, 25 Mar 2012 16:20:00 GMT

BEAUTIFUL WELL MAINTAINED FAMILY HOME BACKING ONTO PARK & SCHOOL. FEATURES H/W FLRG IN DINING RM, LARGE SUNKEN LIVING RM W/CATHEDRAL CEILINGS AND PATIO DOORS LEADING TO TWO-TIER WOOD DECK. THE MASTER BEDROOM HAS A SPACIOUS WALK-IN CLOSET,5-PIECE UPDATED BATHROOM (2011) AND MOST WINDOWS REPLACED (2007). THE BASEMENT FEATURES A LARGE FINISHED FAMILY ROOM WITH A WOOD BURNING FIREPLACE AND ADDITIONAL FINISHED AREA IDEAL FOR A HOME GYM OR A CHILDREN'S PLAY AREA. THERE IS ALSO A LARGE LAUNDRY ROOM AND PLENTY OF STORAGE SPACE. A NEW FURNACE WAS INSTALLED IN '06 AND A ROOF IN '02 WITH A TRANSFERABLE 50-YEAR WARRANTY.

http://www.27twinoakscrescentstoneycreek.com/

Open House in Erin Mills/Fowler on Sunday

Charlie Cannizzaro Sales Representative — Mon, 19 Mar 2012 20:28:00 GMT

Erin Mills/Fowler, Mississauga - We invite everyone to visit our open house at 2283 SPRINGFIELD CT on March 25 from 2:00 PM to 4:00 PM.

Property information

Open House in Erin Mills/Fowler on Saturday

Charlie Cannizzaro Sales Representative — Sun, 11 Mar 2012 23:46:00 GMT

Erin Mills/Fowler, Mississauga - We invite everyone to visit our open house at 2283 SPRINGFIELD CT on March 17 from 2:00 PM to 4:00 PM.

Property information

Home sales remain flat despite low interest rates

Charlie Cannizzaro Sales Representative — Tue, 06 Mar 2012 12:13:00 GMT

Home sales remain flat despite low interest rates

The number of Canadian homes sold this year will outpace 2011 while prices will hold steady in most parts of the country, the country’s largest real estate association said Monday in a rosy revision to its 2012 outlook.

The Canadian Real Estate Association said the number of home sales will grow by 0.3 per cent this year to 458,800 from 457,305 units in 2011, largely due to the continuation of low borrowing rates.

The national average price is forecast to dip by 1.1 per cent in 2012 to $359,100 but that’s due to a drop-off in multimillion-dollar sales activity in Vancouver — Canada’s most expensive real estate market.

Prices are expected to remain around current levels in most parts of the country, CREA said.

The most recent forecasts reversed those CREA gave in November, when it expected home sales to fall by 0.5 per cent this year, and the national average home price to hold steady at $362,700.

The revisions come at a time when central banks in Canada and the United States are keeping their key lending rates low to counter the economic drag caused by the European debt crisis.

“Risks to the Canadian economic outlook remain elevated owing to the European sovereign debt quagmire, but the continuation of low interest rates is the silver lining,” CREA chief economist Gregory Klump said.

“So long as the European debt crisis is contained and a global economic recession avoided, low interest rates will support Canadian home sales and prices.”

CIBC economist Benjamin Tal said the new CREA forecast is much more in line with what he is projecting, and if anything it is “a best-case scenario” forecast, with his bias being toward an expectation of more significant price declines.

“This is basically a stagnating housing market,” Tal said.

“This is not a housing market that is going to be on fire. This is a housing market that you’ll see activity moderating and prices actually going down.”

CREA expects Alberta, Saskatchewan, and Nova Scotia will drive the sales growth this year, offsetting weakness in British Columbia, Ontario, and New Brunswick.

In Vancouver, prices are already falling from sky high levels a year ago, especially in the once bustling condominium market, and prices elsewhere in country are not rising significantly to offset those big declines, Tal noted.

By contrast, sales and prices are still moving higher in Toronto, with sales up 16 per cent from last February and prices up 11 per cent.

However, a stagnating market is “exactly what we need to see” over the next few years to avoid a housing bubble that could burst, Tal noted.

“I think even real estate agents will tell you that another year of crazy activity with house prices rising by 10 per cent would not be good for their business from a long-term perspective.”

Sales are now expected to pull back by 0.3 per cent to 457,200 units in 2013, with prices rising 0.9 per cent to a national average of $362,300, CREA said.

Ontario is expected to weigh down the national results, as it is the only province not expected to make “modest gains,” CREA said.

The outlook would put national sales activity on par with the 10-year average for annual activity, the agency noted.

The Canadian Press

New Listing! 2283 SPRINGFIELD CT MISSISSAUGA ON L5K 1V3

Charlie Cannizzaro Sales Representative — Fri, 24 Feb 2012 13:02:00 GMT

http://www.burlingtonhamiltonhomesforsale.com/2283SPRINGFIELD-CTMISSISSAUGAOntario/H3081150/RAHB

2 Storey 5 Bedroom home located at the end of the court in desirable Erin Mills. Features include updated 4 piece ensuite (2012) and Main Bath (2011), main floor family room with wood fireplace, Updated eatin kitchen with refaced kitchen doors, new counter top, backsplash , sink and laminate flooring (2011). Refinished hardwood floors in living room, dining room, 5 bedrooms and hardwood staircase (2012),C/Air (2007), Shingled roof (2011),freshly painted and more.

Little Green Thumbs: How to Create a Children’s Garden

Charlie Cannizzaro Sales Representative — Fri, 17 Feb 2012 22:15:00 GMT

Little Green Thumbs: How to Create a Children’s Garden

Most kids love to dig in the dirt and play with water. Why not foster this natural curiosity to create a beautiful – and potentially edible - children’s garden. Creating a children’s garden is a great way for kids to build self-confidence, feel a sense of pride in their accomplishments, and practice patience, while enhancing your home’s value and curb appeal at the same time. Here are a few ways you can get your kids involved:

Choose a Plot or a Pot
Stake out an area of your garden for your child and encourage a sense of ownership. A couple of large pots or an old sandbox on a balcony or patio can create the same impact. Provide your child with tools of the trade. A plastic garden spade, a small watering can, gardening gloves, and plant markers are a must.

Plan for Plantin’
Take your child to the nursery garden to choose seeds. Fast-growing plants will hold their interest: zinnias and “mammoth” sunflowers add dramatic colours and grow to over 3 metres in height. Black-eyed Susans are a great flower choice as they are relatively self-sufficient and have bright yellow flowers that attract butterflies, bees, and birds, which will surely indulge your little gardener’s curiosity. Plant vegetables such as cucumbers, radishes, potatoes, carrots, spinach, and zucchini, which all sprout fairly quickly, are relatively easy to grow, and add greenery to your garden. Bright red cherry tomatoes are a particularly good option for planting in pots on a balcony or patio. Growing vegetables together should encourage the little ones to eat healthy too.

Nurture Nature
When the seeds are planted and marked it’s time to water and indulge your child’s interest in worms, bugs and the nature of things. A terrific way of keeping plants insect-free is to attract frogs or toads to the garden. Providing a water source is a good start. If you don’t have a garden pond, a shallow bowl with a large stone or log is a good alternative.

Add a Child’s Touch
A boulder rock with the child’s name marked on it is a great way to make the small space feel special. A tiny well-placed gnome or fairy that peeks behind flowers and vegetables adds a sense of enchantment. When interest wanes, construct a funny scarecrow or set out a birdbath and enjoy the spectacle and sound of our feathered friends.

Relax & Enjoy

Gardening is a great way to convert a picky little eater. When it’s time to harvest your veggies from the kiddie garden, throw a blanket on the grass and enjoy a tasty picnic lunch. Relax with your “little gardener” and enjoy. There’s nothing quite like literally consuming the fruits (or, in this case, vegetables) of your labour!

Prepping before Painting is Paramount/ Patch & Repair

Charlie Cannizzaro Sales Representative — Fri, 17 Feb 2012 22:12:00 GMT

Prepping before Painting is Paramount

An essential part of a painting project happens before you ever lay a brush or roller on the wall. The key is preparation. Put in a little time and effort beforehand, and you’ll be rewarded with a professional looking finish afterwards. Here are a few steps to ensure proper painting prep:

Patch & Repair
Fill small holes and hairline cracks with patching compound and sand when dry. For larger holes, apply the compound in layers, making sure each layer is dry before applying the next. For badly damaged plaster walls, apply a thin coat of plaster on top of the existing one by skimming, to achieve a nice, smooth finish. Skimming is a bit of an art form, so don’t hesitate to get help from a professional plasterer.

A Clean “Canvas” is Critical
Just as you wouldn’t paint a picture on a dirty canvas, you don’t want to paint a room with dirty walls. Remove dirt and marks by washing with mild detergent and water; grease marks with Trisodium phosphate (TSP); and floor wax build-up on baseboards with wax remover. Mildew in damp areas such as bathrooms should be addressed and removed entirely. Many find a solution of one part household bleach to three parts water works well. Vacuum textured walls and ceilings to get rid of dust and cobwebs.

Prime the Walls
Paint primers help to ensure a professional-looking paint job. It increases the bond between the paint and the surface and it is particularly helpful to cover surfaces painted with semi-gloss or high gloss paints or bare surfaces such as wood, plaster or drywall. If you are painting with a deep colour, ask your local paint store to tint your primer with your paint colour. This technique will enable you to cover your walls quicker and with less paint.

Don’t Forget about the Outside!
Our outside walls don’t usually undergo the same scrutiny as our inside walls do, but spring is a great time to think outside the house! Start by removing loose, peeling paint or dirt with a wire brush or power washer and repair and sand as needed. Good quality surface preparation provides maximum durability, a must for outside paintwork.

A fresh coat of paint can really improve the curb appeal of your home, and proper preparation will ensure the best return on your investment.

A Guide to Roofing Improvement. Repair? Replace? ROI?

Charlie Cannizzaro Sales Representative — Fri, 17 Feb 2012 22:11:00 GMT

A Guide to Roofing Improvement. Repair? Replace? ROI?

Your roof has a tough life. Just when it’s survived another long, cold Canadian winter, it faces the heat and humidity of the summer months ahead. That’s why spring is the perfect time to assess the state of your roof, and to decide whether you need to take steps to improve its condition. Here is a general guideline of where to begin:

Look for Proof of a Faulty Roof
No matter how old or new your roof is, it’s always a good idea to conduct quarterly inspections of its condition. Start with the interior walls of your home that touch the roof and look for things like flaking paint, ceiling stains, and peeling wallpaper. All of these may be an indication that your roof has a leak.

On your roof itself, symptoms of deterioration can include missing shingles, visible fiberglass threads, raised shingles with nails protruding, or any areas that look darker or a different shade. Check the roof deck in your attic as well, noting any water stains, rotting, and pinholes of light. If you are uncertain, you can always hire a roofing professional to do an assessment for you.

Two Options: Repair or Replace
If you’ve discovered signs that your roof may be damaged or leaking, first determine if it’s repairable. A roofing professional may be best able to determine this. If it’s less than ten years old and only has a few minor issues, the remedy may simply require a little patchwork.

Sometimes a simple repair won’t suffice, and you need to consider replacing your roof altogether. A professional roofer can determine the state and age of your roof to help you decide if you want to replace it. As a general rule, if your roof is older than 15 years or showing significant signs of decay they’ll likely recommend that you replace it. A moderately sized, professionally-installed roofing job will usually take about three to five days to complete. Select a roofing system design and colour that is in keeping with the neighbourhood standard and the colour scheme of your home.

Reap the ROI
If it’s time to replace your roof, you should consider what the return on investment will be.
The most common type of roofing system is the asphalt shingle, where you’ll pay on average between $2.50- $3.50 per square foot*. If and when you sell your home down the road, you can expect to recoup an estimated 25-75% of your roofing investment*.

Replacing your roof can also add a lot of curb appeal to your home. A new roof gives your home a mini-makeover, making it look more modern and up-to-date – not to mention safer and more energy efficient. To make the most of your investment, be sure to maintain and inspect it on a regular basis.

*The Appraisal Institute of Canada, 2011: http://aicanada.ca

Canadian home sales pull back in January

Charlie Cannizzaro Sales Representative — Fri, 17 Feb 2012 00:06:00 GMT

Canadian home sales pull back in January

OTTAWA – February 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity retreated in January 2012 from the strong finish reported for December 2011.

Highlights:

Home sales were down 4.5% from December to January.
Actual (not seasonally adjusted) activity came in 4.0% above levels in January 2011, and stood even with the 5 and 10 year averages for January sales.
The number of newly listed homes edged down 1.4% from December to January.
With sales down by more than new listings, the national market shifted further into balanced territory.
The national average home price was up less than 2% year-over-year in January, ranking it among the smallest increases of the past year.

Sales activity recorded through the MLS® Systems of real estate Boards and Associations in Canada fell 4.5 per cent from December 2011 to January 2012. This marks the first monthly decline in national activity since August 2011 and the biggest monthly decline since July 2010. The monthly decline reversed a string of monthly increases over the closing months of last year, and returned national activity to where it stood at the end of the third quarter of 2011.

“The national housing market is stabilizing and remains well balanced,” said Gary Morse, CREA’s President. “That said, forecasts for economic and job growth going forward vary widely for different parts of the country, suggesting a possible continuation of a softening trend in some markets, as well as the potential that demand will pick up based on strong fundamentals in others. All real estate is local, so talk to your local REALTOR® to understand how price trends in your neighbourhood are shaping up.”

Activity was down in over half of all local markets in January from the previous month. Led by declines in Greater Toronto and Montréal, demand also softened in a number of other major urban centres including the Fraser Valley, Calgary, Edmonton, Winnipeg, Ottawa, and Greater Vancouver.

Actual (not seasonally adjusted) national sales activity was up four per cent from year-ago levels in January, the smallest year-over-year increase since last May. As was the case in a number of months last year, actual sales in January 2012 stood close to the five and ten year average for the month.

The number of newly listed homes edged down 1.4 per cent on a month-over-month basis in January following a 2.9 per cent increase in December. The monthly decline in new supply reflects a drop in new listings in a number of Canada’s largest urban centres, which offset a jump in new listings in Vancouver.

Sales fell in January shifting the national market back towards the mid-point of balanced territory and reversing the recent trend which had seen the market becoming tighter over the final four months of 2011. The national sales-to-new listings ratio, a measure of market balance, stood at 53.8 per cent in January, down from 55.5 per cent in December and 55.4 per cent in November.

Based on a sales-to-new listings ratio of between 40 to 60 per cent, 60 per cent of local markets were balanced in January. Compared to December, there were fewer buyers’ and sellers’ markets, and a greater number of balanced markets.

The number of months of inventory stood at six months at the end of January on a national basis, up from 5.7 months in December 2011 and returning it to where it stood in October 2011. The number of months of inventory represents the number of months it would take to sell current inventories at the current rate of sales activity, and is another measure of the balance between housing supply and demand.

The actual (not seasonally adjusted) national average price for homes sold in January 2012 was $348,178, representing an increase of 1.2 per cent from its year-ago level. This ranks among the smallest increases since late 2010.

On a seasonally adjusted basis, the national average home price rose 1.6 per cent on a month-over-month basis, marking a rebound from a decline of similar magnitude in December. This pattern mirrors the one playing out in the newly-launched MLS® Home Price Index (HPI), published on February 6.

“Year-over-year comparisons in the national average price are expected to become volatile and may turn negative, reflecting average price developments in the first half of 2011 in Vancouver,” said Gregory Klump, CREA’s Chief Economist. “At that time, high-end home sales in Vancouver’s priciest neighbourhoods surged to all-time record levels, which skewed the national average price upward considerably. A replay of this phenomenon is not expected this year. As a result, comparisons for national average price to year-ago levels over the coming months will reflect an upwardly skewed base effect. For this reason, year-over-year comparisons should be kept in perspective. Developments in the MLS® HPI will provide important guidance on price trends, since it is not affected by the problem of compositional shifts in the mix of sales activity.”

The MLS® HPI also takes into account the contributions toward the price of a home made by a broad range of quantitative and qualitative housing features, allowing it to track Canadian home price trends better than any other measure.

PLEASE NOTE: The information contained in this news release combines both major market and national MLS® sales information from the previous month.

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas.

Statistical information contained in this report includes all housing types.

MLS® is a co-operative marketing system used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 100,000 REALTORS® working through more than 100 real estate Boards and Associations.

Further information can be found athttp://www.crea.ca/public/news_stats/media.htm.

source;

The Canadian Real Estate Association (CREA)

Guide for Home Buyer's

Charlie Cannizzaro Sales Representative — Wed, 15 Feb 2012 17:19:00 GMT

Home Buyers Guide

38 #52 Highway, Flamborough

Charlie Cannizzaro Sales Representative — Fri, 10 Feb 2012 12:31:00 GMT

Custom built elegance on picturesque 3.75 Acres. Walk the natural stone path to the inviting double door entry & slate tiled foyer. Enjoy the WOW factor as you take in the open concept view of hardwood flrs, gorgeous crown molding & rounded corners. Large rooms with ceilings ranging from 10 -- 12 feet including the open yet formal dining-room. Massive Great room with pillars, majestic stone fireplace & spectacular views from numerous oak trimmed windows. Garden doors to multi tiered decks & patio. Gourmet kitchen featuring large centre island with sink. Stunning Black granite counters contrasting the lovely Maple cabinets & porcelain tile floors. Loads of cupboards incl. pot drawers, slide out shelves, appliance garage & glass fronted cabinets. Stainless steel appliances complete the look. 4 large bedrms including Master suite with 5 pc ensuite and 2nd bedrm with 3 pc ensuite. 4th bedrm with 3 skylights would make great office or study. Bright fully finished walk out basement would make excellent in-law suite or provide fabulous entertaining space. Garage with 3 bay doors and 14 ft ceilings is a Mechanics Dream! || Information Deemed Reliable But Not Guaranteed

38 #52 Highway, Copetown, Ontario

Charlie Cannizzaro Sales Representative — Fri, 10 Feb 2012 12:31:00 GMT

Low inventory of listings in Greater Hamilton, Burlington and outlying areas

Charlie Cannizzaro Sales Representative — Fri, 10 Feb 2012 12:20:00 GMT

Low inventory of listings in Greater Hamilton, Burlington and outlying areas

(February 6, 2012 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 819 property sales through the RAHB Multiple Listing Service® (MLS®) for the month of January, representing a 10.8 per cent increase in sales over the same month last year. RAHB also reported that 7.7 per cent fewer listings were taken in the month of January of this year compared to January of last year.

Seasonally adjusted* sales of all property types were 3.3 per cent higher than January 2011, with the average sale price increasing 4.6 per cent for the month. Seasonally adjusted numbers of new listings, however, were over 23 per cent down from the same month last year.

Actual listings were down in all categories for the month, with the biggest drop in the residential condominium market. Month-end listing inventory was down from the same month last year in all categories as well.

“The story for the month of January,” said RAHB President Cameron Nolan, “is that while sales have edged up compared to last year, we are seeing significantly fewer listings than normal. Our listing inventory is the lowest it has been in some time.”

Residential condominiums saw the biggest gain in sale price for a January, with an increase of 7.9 per cent in the average sale price and an 11 per cent increase in median price.

The numbers for the month of January:

Every community in RAHB’s marketing area has their own localized residential market. Please refer to the accompanying chart for residential market activities in select areas of RAHB’s jurisdiction.

Why it’s a good time to buy a home!

Charlie Cannizzaro Sales Representative — Mon, 30 Jan 2012 13:35:00 GMT

Why it’s a good time to buy a home

Look no further, Canada is a safe haven in a volatile world

http://www.thespec.com/news/business/article/662546--why-it-s-a-good-time-to-buy-a-home