June 25, 2008
At the end of the month the public site most visited by buyers to research available properties will be changed from www.mls.ca to www.REALTOR.ca. If you forget and type in the old address, the sites will run parallel for a bit and then users will be redirected to the new site. The Canadian Real Estate Board is not only re-branding the site but will be adding improvements, including interactive mapping and streamlined search capabilities.
May 28, 2008
The media is reporting that the market may be slowing. I am not sure how they reached their conclusion but one thing is for sure, there are a lot more listings out there. Buyers tend to be taking a bit more time to decide on a place because there is that much more to choose from. This does not necessarily mean that they are getting properties at a lower price but there seems to be less competition on properties which mean prices are not being driven up as much with multiple offers.
