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Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were little changed from April to May 2018. Highlights: National home sales edged down 0.1% from April to May. Actual (not seasonally adjusted) activity was down 16.2% from May 2017. The number of newly listed homes …

Click this link to visit the Blog: Canadian home sales at a five-year low in May <durhamrealestate.org/blog.cfm?>
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Home sales in Canada are projected to slide by 11 per cent this year, according to a new forecast by a national real estate group.
www.cbc.ca/news/business/crea-home-sales-forecast-1.4707523
Shared via the CBC News Android App

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The Town of Whitby has proclaimed the month of June as Recreation and Parks Month and invites residents to celebrate by taking part in a number of free programs being offered at the Town’s recreational facilities.
Each year, Recreation and Parks Month highlights the more than 120 parks and over 2,200 recreation programs available and offered within the community.
This year, residents are invited to take part in the following:
* June 1 to 8: Free one week trial health club access at the Whitby Civic Recreation Complex for new users * June 9 to 15: Free <r20.rs6.net/tn.jsp?f=001rHfErO8lu8shIURavxuDn9lKTwReXgr4tcRUG3AYhWPBTTGpQa9Gz9OWBuQt5IWdX522IwP_aOVQTE5aRVsglqayIOfvin74-wzncmeYb4sSeOKxs3wwgWKW7RbJZ7wAN_3cGxAjX3RA4fCtNOTnNDw5VM4W_3OiPLE0ffTzF-_Jm…> recreational swims at the Whitby Civic Recreation Complex and the Anne Ottenbrite Pool * June 16 to 22: Free drop-in programs at the Brooklin Community Centre and Library and Whitby Seniors Activity Centre * June 23 to 30: Free public skates at Iroquois Park Sports Centre and McKinney Centre
For more information, visit whitby.ca/recreationandparksmonth <r20.rs6.net/tn.jsp?f=001rHfErO8lu8shIURavxuDn9lKTwReXgr4tcRUG3AYhWPBTTGpQa9Gzy2oQQ6mRBM2ULPA4nRYtZXpkkBRjpWLAaMIeqh8AW6JTRjjpQmheI7EUJ0SxL1MFhqeKB4CafPe-Nv5ko6dRLIMd-HsBmLjtVZvP_TlPol2uJG31zPz9udA6…> or contact the Town’s Community and Marketing Services Department at parks.rec@whitby.ca <mailto:parks.rec@whitby.ca> or 905.430.4310.

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Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell from March to April 2018. Highlights: National home sales fell 2.9% from March to April. Actual (not seasonally adjusted) activity was down 13.9% from April 2017. The number of newly listed homes declined 4.8% from …

Click this link to visit the Blog: Canadian home sales fall in April <durhamrealestate.org/blog.cfm?>

The average price of a Canadian home declined by more than 11 per cent in the 12 months up to April, the Canadian Real Estate Association said Tuesday.
www.cbc.ca/news/business/april-house-prices-1.4663359
Shared via the CBC News Android App

It’s not just new homeowners who are feeling the impact of higher interest rates and tougher lending standards: even those who’ve already bought are feeling the heat.
www.cbc.ca/news/business/mortgage-rate-stress-test-1.4661884
Shared via the CBC News Android App

When you review the end of April GTA Real Estate statistics its not hard to see that the market is still a Buyers Market. Sales are down 32.1% year over year! At the same time active listings are 40.8% (that’s almost 5300 more listings than this time last year!). This at a time when interest rates are going up. It means prices will problem drift a little lower over the next year and continue to do so until the listing inventory goes down or there is a surge in Buyers. The one good sign in these numbers is that new listings coming on the market was down 24.6% year over year and this will help h=get the inventory of resale properties down.

Article by: www.tonyslavin.com <www.tonyslavin.com>

<www.bnnbloomberg.ca/from-buyer-to-seller-how-ontario-s-housing-meas ures-played-out-one-year-on-1.1068124>

<www.bnnbloomberg.ca/from-buyer-to-seller-how-ontario-s-housing-meas ures-played-out-one-year-on-1.1068124> From buyer to seller: How Ontario’s housing measures played out, one year on

<www.bnnbloomberg.ca/from-buyer-to-seller-how-ontario-s-housing-meas ures-played-out-one-year-on-1.1068124>
<www.bnnbloomberg.ca/from-buyer-to-seller-how-ontario-s-housing-meas ures-played-out-one-year-on-1.1068124> 6:41

With TREB scheduled to release April results next week that will capture the market’s 12-month evolution since the peak in April 2017, BNN caught up with a seller, buyer, and realtor to reflect on how their experiences unraveled during a time of uncertainty – and where they stand a year later.

Controversial development plan near Oshawa lakefront to be opposed by city
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