As the children settle back into school and the adults return to their "normal" day-to-day activities, the Fall Real Estate Market in HRM is beginning to sizzle.
NSAR states: The number of new listings of homes for sale on the Multiple Listing Service® (MLS®) of all real estate Boards in Canada set a new record in July 2008, according to MLS® statistics released by The Canadian Real Estate Association (CREA). New MLS® residential listings numbered 80,147 units in July 2008, up 1.4 per cent from the previous month and 0.5 per cent above the previous record set in May 2008. This is the first time in any month that new listings surpassed eighty thousand units. "To keep things in perspective, 2007 was a record year for MLS® sales in Canada," says the President of The Canadian Real Estate Association, Calvin Lindberg. "The fact that sales volume continue at levels so close to that record year indicates what a dynamic and active real estate market there is in many regions of the country." "The other factor is that the more listings there are on the market, the bigger the impact on the average price," the CREA President adds. "It means a market when buyers have more options, and sellers must be realistic in their pricing expectations. A REALTOR® has expertise and marketing resources to help both."
More listings, dynamic and active, buyers have more options, sellers must be realistic!
What a great market to be in for the FALL MARKET! NOW is the time to place homes on the market and for buyers to obtain the best "bang for their buck!" An equal market for sellers and buyers is a fair market...welcome to FALL 2008!
CENTURY 21 brand in Canada and is part of the world's largest residential real estate sales organization. CENTURY 21 Canada provides comprehensive training, management, administrative and marketing support for the CENTURY 21 System, which is comprised of more than 8,400 independently owned and operated franchised broker offices in 58 countries and territories, with more than 142,000 sales representatives worldwide. CENTURY 21 Canada is the only organization to offer customers AIR MILES® reward miles on real estate transactions.
This email is not intended to solicit those properties currently under contract.
--
************************************
Paulette Upshall, Realtor (R), Owner
CENTURY 21 Admiral Cove Realty
www.halifaxrealestateteam.ca
www.C21AdmiralCove.ca
M: 902-877-8851
O: 902-835-HOME (4663)
F: 902-835-7214
Toll Free: 1-877-C21-ADMI
"Resolve to be a master of change rather than a victim of change."
Thinking of a career in Real Estate? Give me a call.
Let me show you how to put your career on the right track.
Know anyone thinking of buying or selling a home?
Please give them our name. Your referral is our greatest compliment.
CENTURY 21 invites you to "think green" before printing this e-mail.