Ken MacGowan

EARNS LIFETIME ACHIEVEMENT AWARD

Las Vegas, Nevada, March 7, 2012– Ken MacGowan, with RE/MAX Affiliates Realty Ltd., has been presented at the RE/MAX International Convention with the RE/MAX Lifetime Achievement Award, which honors highly successful agents. In 2011, less than 1 percent of the RE/MAX network worldwide achieved this prestigious award.

Mr. MacGowan has been working in the real estate industry for more than 20 years and has extensive experience in residential and investment real estate. Among Mr. MacGowan’s achievements are the RE/MAX International Hall of Fame and the RE/MAX Platinum Club Award.

“Mr. MacGowan has been an integral member of our team and is more than deserving of this very prestigious award,” said Martha Cooper, Broker, Branch Manager, of RE/MAX Affiliates Realty Ltd. “Winning this award is a tremendous accomplishment. Ken MacGowan continues to raise the bar in real estate, making us, and this community proud.”

In addition, Mr. MacGowan actively supports the Children’s Hospital of Eastern Ontario (CHEO), Canadian Breast Cancer Foundation, Royal Ottawa Hospital Foundation and the United Wayof Ottawa.

RE/MAX is one of the leading real estate franchise companies with the most productive sales force in the industry and a global reach of more than 80 countries. With one of the most recognized brands in the world and one of the most trafficked web sites, www.remax.com, RE/MAX leads the industry with experienced, professional agents – agents who are trained and educated through the award-winning RE/MAX University.

Pictured Above: Ken MacGowan Broker, and Vinnie Tracey- President of RE/MAX International LLC

Mississauga, ON (December 6, 2011) – 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.

OTTAWA, December 5, 2011-

Members of the Ottawa Real Estate Board sold 1,020 residential properties in November through the Board’s Multiple Listing Service® system compared with 940 in November 2010, an increase of 8.5 per cent. The five-year average for November sales is 881. Of those 1,020 sales, 244 were in the condominium property class, while 776 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as acondominium, as well as properties, which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.

“Last month was the best November on record for resale home sales inOttawa. The last time we saw sales numbers anywhere close to that number was in 2001. It speaks well for the stability of our market that even in the quieter months of the year, our market is still thriving,” said Board Past President Joanne Tibbles. “The number of properties available for sale is higher than at this time last year, indicating that homeowners are confident that it’s a good time to put their home on the market, and based on these great sales numbers, buyers are also confident, especially as interest rates remain stable,” she added. The average sale price of residential properties, including condominiums, sold in November in theOttawaarea was $347,795, an increase of 7.3 per cent over November 2010. The average sale price for a condominium-class property was $265,800, nearly unchanged from November 2010. The average sale price of a residential-class property was $373,577, an increase of 9.2 per cent over November 2010. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value.

The average sale price is calculated based on the total dollar volume of all properties sold.

Billions spent in new construction, renovation, and infill over the past decade have contributed to a serious upswing in the calibre of Canada’s housing stock, propping up residential average price in the country’s major centres, according to a report released today by RE/MAX.

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Ottawa, November 3, 2011 – Members of the Ottawa Real Estate Board sold 1,062 residential properties in October through the Board’s Multiple Listing Service® system compared with 1,038 in October 2010, an increase of 2.3 per cent. The five-year average for October sales is 1,071.

Of those sales, 253 were in the condominium property class, while 809 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties, which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties. Continue reading →

Rising agricultural commodity values and tight inventory levels have seriously contributed to a significant upswing in the price of Ontario farmland in 2011, according to a report released by RE/MAX Ontario-Atlantic Canada.

The RE/MAX Market Trends Report – Farm Edition 2011 found that shortages exist in the vast majority of centres studied, with pent-up demand fuelling unprecedented momentum virtually across the province. Upward pressure on acreage values has been consistent as a result. Of the 12 major agricultural communities examined, 11 (92 per cent) reported tight inventory levels, while nine (75 per cent) noted an increase in price per acre. Despite the current volatility in commodity prices, the long-term prospects for the agricultural industry continue to be bolstered by global realities, including population growth, an international grain shortage and decreased availability of quality farmland from a worldwide perspective. Continue reading →

Greater affordability, increased selection, and pent-up demand also key factors in 2011 season

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Driven by the threat of higher interest rates down the road, first-time buyers are contributing to strong upward momentum in residential housing markets across the country, according to a report released by RE/MAX.

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Tighter inventory levels helped to make the last decade one of the healthiest periods on record for Canadian real estate, insulating markets in major centres from the peaks and valleys characteristic of past decades, according to a report released by RE/MAX.

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