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RE/MAX Spring Market...

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RE/MAX HOME TEAM CONTEST

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RE/MAX Upper End Market...

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Kelowna, BC (January 28, 2014) -- Significant gains at the top end of the country’s housing market continued to demonstrate the overall strength of Canadian real estate in 2013, according to a report released today by RE/MAX.    The RE/MAX Upper End Report, highlighting trends and developments in 16 major Canadian centres, revealed that: Seventy-five per cent of markets experienced year-over-year percentage increases in sales—including eight markets that posted double-digit gains.  Greater Vancouver led the charge with a 36 per cent increase in luxury sales last year, followed by Calgary at 34 per cent, Edmonton at 32 per cent, Hamilton-Burlington at 31 per cent, Kitchener-Waterloo at 27 per cent, Winnipeg at 26 per cent, Greater Toronto at 18 per cent, and Saskatoon at 15 per cent. Over two-thirds of markets set new records for high-end sales in 2013.  Markets included St. John’s, Quebec City, Greater Toronto, Hamilton-Burlington, Kitchener-Waterloo, London-St. Thomas, Winnipeg, Regina, Saskatoon, Edmonton, and Calgary. Luxury sales have close to quadrupled since 2009 in Regina (up 288 per cent), tripled in St. John’s (219 per cent), and more than doubled in Winnipeg (189 per cent), Hamilton-Burlington (173 per cent), Saskatoon (157 per cent), the Greater Toronto Area (147 per cent), Greater Vancouver (125 per cent), and Calgary (115 per cent).  London-St. Thomas was up 90 per cent, Ottawa increased 86 per cent, Edmonton rose 81 per cent, while Quebec City jumped 76 per cent and Montreal climbed 61 per cent in the five-year period. “Canada’s luxury market is rising to an entirely unprecedented level,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada.  “As appetites for upper-end properties have increased, so too have expectations. The new ‘it’ factor is opulence.  Having the best finishings is a given.  Buyers now want to have their heart’s desires under one roof—the more over-the-top, the better.  Properties are setting a new standard.  Condos are no exception, with some now equaling their single-family counterparts in lavish amenities and values.  Luxury homes are becoming decidedly more ultra and uber, right down to the sticker price.”  Last year’s relatively low interest rate environment, substantial equity gains in Canadian real estate markets, stellar performance in US equities, and improving economic conditions contributed to the upswing in luxury home sales, driving close to 70 per cent of Canadian markets to new heights in 2013. Diminished supply of single-family homes—particularly in markets like the Greater Toronto Area and Greater Vancouver—contributed to steady homebuying activity, as pent-up demand persisted.  Yet, most purchasers remained grounded, especially at higher price points, and the climate proved fundamentally healthy.  Greater Vancouver experienced the largest bounce back in 2013, with sales of luxury homes posting the second highest level on record.  Western Canada claimed the country’s top three high-end markets in 2013.  Ontario continued to demonstrate strength in the upper end, especially in Hamilton-Burlington and Kitchener-Waterloo.  Canada’s largest real estate market—the GTA—also reported healthy activity in 2013.  Quebec held its own, with luxury sales outperforming overall residential market activity in both Greater Montreal and Quebec City.  Atlantic Canada experienced solid demand in St. John’s, where upper end sales were up, but posted a decline in Halifax-Dartmouth. The surge in high-end homebuying activity dovetails with growing strength in global markets, including London (where sales of homes priced in excess of $8 million are up 24 per cent), and the US, where sales at high end of the market—homes priced at $1 million or more—are selling at nearly triple the pace of everything else.  “On a world stage, Canada remains very attractive, particularly from the perspective of price,” says Ash.  “We offer a top tier quality of life at a fraction of the price of other destination cities.  Take New York City for example, where a $90 million condominium penthouse was one of the highest-priced listings ever sold.  That makes Canada’s highest sales in 2013 appear like relative bargains in comparison.  Canada’s priciest transactions included a $25 million condominium and an $18.6 million home, offering mountain and water views in Greater Vancouver.  Toronto posted a $13.4 million sale, while Calgary set a best-ever benchmark at $11.1 million.  Given the spread, there’s certainly room growth in both sales and prices.”   Local purchasers continue to be the primary drivers in the upper end of the market, as Canadian affluence climbs.   The ranks of Canadian millionaires are growing—up approximately 6.5 per cent to 298,000 individuals in 2012 (over 2011)—and with it, the undeniable appeal of bricks and mortar.  The CapGemini report also found that Canadian wealth expanded to $897 billion in 2012—with investment in equities and real estate contributing to the upswing in growth.  Some foreign investment was also noted in 2013, most prevalent in markets such as Greater Vancouver and the Greater Toronto Area.  “Buying intentions and confidence are expected to remain solid moving forward, as economic performance improves,” explains Ash.  “In the interim, the consistent upward momentum we’ve seen at the top end speaks volumes about the overall health of Canada’s real estate market.  The picture remains fundamentally healthy and sound.”    To read the full report, click here.

RE/MAX Housing Market...

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Canadian homebuyers remain undaunted in 2013, as housing sales and average price approach five-year high Major residential real estate markets poised for further growth in 2014 Kelowna, BC (December 11, 2013) -- Canadian consumers remained remarkably steadfast in their determination to achieve homeownership in 2013, fuelling residential real estate sales and average price nationally to a five-year high, despite a spotty regional performance. Improved economic performance on both a national and global stage, combined with historically low interest rates and rising consumer confidence, should spark greater strength in 2014, with housing sales and values expected to further appreciate, according to a report released today by RE/MAX. The RE/MAX Canadian Housing Market Outlook 2014 examined trends and developments in 25 major markets across the country. The report found that the number of homes sold is expected to match or exceed 2012 levels in almost two-thirds of markets (15/25) in 2013, led by strong activity in British Columbia, including Vancouver (up 10 per cent) and Kelowna (10 per cent). Ninety-two per cent (23/25) of markets are set to experience average price increases by year-end 2013, with Hamilton-Burlington the country’s frontrunner at 7.5 per cent, followed by Barrie and District at seven per cent, Calgary and St. John’s at six per cent, and Greater Vancouver, Winnipeg and the Greater Toronto Area at five per cent. The forecast for 2014 shows the upward trend gaining momentum, with values expected to climb yet again in 92 per cent (23/25) of centres, led by Greater Toronto at six per cent. Strength and stability are forecast to characterize Canadian real estate in 2014, with sales estimates on par or above year-ago levels in all markets examined, led by Kelowna (10 per cent) and Calgary (nine per cent). Nationally, an estimated 466,000 homes will change hands in 2013, an increase of three per cent over the 453,372 sales recorded in 2012. Canadian home sales are expected to climb two per cent to 475,000 units by year-end 2014. The average price of a Canadian home is forecast to appreciate four per cent to $380,000 in 2013, up from $363,740 in 2012. Values are expected to continue to escalate in 2014, rising three per cent to $390,000 by year end. “It was quite a turnaround in Canadian real estate markets after a softer start to the year,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada. “Following an initial period of adjustment, first-time buyers pushed forward with delayed intentions, stimulating activity at all price points. With renewed momentum and enthusiasm in place, resale housing is once again poised for growth in 2014.” Regional disparities surfaced early in 2013, according to the RE/MAX Report, and were evident throughout the year. Alberta started the year with a bang, with both major markets bucking the national downward trending in sales. Homebuying activity in British Columbia, Saskatchewan, Manitoba, and Ontario kicked into high gear in July, with most centres expected to move ahead of 2012 levels by year end, led by Greater Vancouver, Kelowna, Victoria (six per cent), Windsor-Essex (six per cent), Edmonton (five per cent) and Hamilton-Burlington (five percent). Yet, performance in Quebec and Atlantic Canada is forecast to fall short of 2012 levels. More consistent performance is expected in 2014, especially given economic projections for the East Coast and Quebec. Both regions should rebound in the new year, led by Halifax-Dartmouth (five per cent), Moncton (three per cent), Greater Montreal (two per cent) and Quebec City (two per cent). “Inventory was vital in maintaining market stability in 2013,” says Gurinder Sandhu, Executive Vice President, Regional Director, RE/MAX of Western Canada. “A run-up in inventory at the outset of the year, amid weaker demand, could have changed the outcome to what ended up being another relatively healthy year of real estate activity. Instead, we saw modest price growth and rising sales levels, particularly in the second half. Another positive performance is projected for 2014, with average price forecast to break records in many markets.” Although there are several factors that are expected to contribute to rising housing values on a national basis, one of the most pressing is build out. Nowhere is that more obvious than in Vancouver, where the mountains and the ocean have prevented further growth, and the Greater Toronto Area, where the greenbelt has stymied future development. As such, the availability of low-rise homes relative to the population is expected to contract, placing further pressure on prices. Vertical growth and its affordable price point is representative of the future. “We’re definitely seeing a greater commitment to higher density at a municipal level,” says Ash. “In fact, the trend already underway in Vancouver and Toronto, has gained serious momentum in smaller markets where cities are moving to infuse vibrancy into the urban core through mixed-use residential/commercial/retail development. The level of investment is substantial—dovetailing with revitalization efforts currently underway.” Solid underpinnings continue to support healthy levels of real estate activity from coast to coast. Buyers appear to be realistic in their pursuits, and after several rounds of mortgage tightening, many are coming to the table better qualified, with larger downpayments and readjusted expectations. Imposed restrictions have had the desired effect. A sound framework is now in place to support steady and sustainable growth over the next several years. Existing inventory levels remain crucial to Canadian housing markets moving forward. The tightening currently demonstrated at entry-level price points—as more first-time buyers make their way back into the market—could translate into further price hikes down the road. “Canadian homebuyers remain savvy, with a long-term mindset that bodes well for stability,” says Sylvain Dansereau, Executive Vice President, RE/MAX Quebec. “Yet, they also value progress, and we expect that to translate again in 2014. Equity gains should continue to result in tangible leaps to larger homes or better neighbourhoods, as well as a growing wave of renovation and revitalization. Stock market performance is also expected to bolster homebuying activity, as paper wealth is converted to material wealth.” About the RE/MAX Network RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 90,000 agents provide RE/MAX a global reach of more than 90 countries. RE/MAX is Canada’s leading real estate organization with approximately 19,000 sales associates and 750 independently-owned and operated offices nationwide. RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a subsidiary of RE/MAX Holdings, Inc. (NYSE:RMAX). For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.ca.

RE/MAX Commercial...

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Kelowna, BC (October 29, 2013) – While unprecedented levels of demand have been reported for commercial real estate in key Canadian markets this year, a shortage of available product continues to hamper sales activity virtually across the board, according to a report released today by RE/MAX. The 2013 RE/MAX Commercial Investor Report, highlighting trends and developments in 11 major centres across Canada, found that commercial inventory remained scarce during the first half of the year, particularly in the multi-unit residential, industrial, and retail sectors.  Sales softened in 73 per cent of markets examined between January and June 2013, in response to dwindling supply.  Hamilton-Burlington, St. John’s and Calgary bucked the trend, reporting a 15 per cent, 10 per cent, and eight per cent increase respectively in the number of commercial units sold.  Dollar volumes have declined in tandem, with the exception of the Greater Toronto Area—where RealNet reports volume is up almost 28 per cent over last year’s levels to $7.7 billion—Hamilton-Burlington and Winnipeg.  Despite some pullback by large institutional investors (REITs and pension funds), smaller investors and end users have been particularly active, fuelling demand for industrial product, multi-unit residential product—on both a large and small scale basis—and retail storefront. “Risk aversion appears to be behind the thrust for commercial product, with owner-operators now investing in themselves,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada.  “Rather than pay rising office, industrial or residential rental rates, end users are competing against small and large investors for prime commercial buildings.  The trend is especially evident in terms of demand for industrial real estate where a limited supply of product has generated the lofty prices now attached to that sector.” The report identified two major drivers responsible for the upswing in demand for commercial properties—the combination of historically low interest rates and relatively solid economic performance.  Over the past two quarters, Gross Domestic Product has risen on a national basis by 2.2 and 1.7 per cent respectively.  The Bank of Canada is expecting third quarter performance to hover between two and 2.5 per cent.  That’s translated into renewed confidence from a business perspective and provided the catalyst necessary to renew market activity. “There’s a lot of money chasing a limited supply of commercial product, be it multi-unit residential, industrial, or retail storefront,” says Gurinder Sandhu, Executive Vice President, Regional Director, RE/MAX Ontario-Atlantic Canada.  “In some areas of the country, we’re seeing unsolicited offers on product not available for sale—often well above market value.  Demand has placed serious upward pressure on price in most markets and contributed to lower cap rates across all asset classes.  Looking forward, little is expected to change heading into 2014, which makes inventory the ultimate wildcard in commercial performance.”  Tight market conditions were noted for industrial product in 91 per cent of markets (10/11) examined in the RE/MAX report.  Owner-operators were exceptionally active in major centres, with most seeking out buildings under 10,000 sq. ft.  Strong demand fueled price increases across the board, with the most pronounced appreciation occurring in Regina, where the price per acre of industrial land almost doubled between 2008 and 2013.   The report also found that the market for retail product, including storefront, strip plazas, and malls, continued to be characterized by solid demand, with close to 82 per cent of major centres (9/11) noting an upswing in activity.  Supply was of particular concern in trendy, urban cores.  Strong retail expansion—underway in centres across the country—supports ongoing demand, given the influx of American and international brands to the Canadian marketplace.  Their presence has increased competition, along with the desire for increased visibility and a stronger footprint in the marketplace.  Ongoing residential construction has also provided a boost, giving rise to a growing number of box stores, power centres, outlets and strip plazas in newer communities throughout the nation. Multi-unit residential remained a perennial favourite, with virtually all markets reporting consistent demand.  End users were also extremely active, enticed by the opportunity to live in their investment, while at the same time securing a steady income stream.  The appeal of this segment was universal in nature.  From small to mid-market purchasers, right up to large institutional investors, buyers were keen to get a piece of this segment.  However, inventory proved particularly elusive.  The lack of new rental construction in many markets has created a bottleneck in demand versus sales, and the stark reality is few owners are listing existing product. “Those with commercial holdings have sent a clear message,” says Sandhu.  “They’re essentially saying, ‘we have a good thing going, and we’re not willing to part with it.’  For love or for money, owners are holding firm and it’s creating a real challenge in the marketplace.  A serious portion of commercial sales are exclusive—that’s been the case for years—but as demand has risen, it’s made navigating the market increasingly difficult, especially for those with a lighter portfolio.  Yet, buyers remain undaunted.  In what many have traditionally considered a ‘big fish’ game, more and more individuals are making the foray into the market—a reflection of confidence, climate and a new investor mindset.”    While most segments of the market remain fairly vibrant, the report found that inventory has been quietly building in Canada’s office segment.  New construction and, in some cases, consolidation of space among existing tenants has resulted in rising vacancy rates.  While values have held relatively firm so far this year, some softening of lease rates is possible should the current trend continue.  Land sales—especially on the residential end—have also trended downward in 2013, in tandem with housing starts which are off last year’s pace by 15 per cent.  Although major players continue to step up to the plate to secure favourable positioning down the road, some developers have clearly scaled back. “On the whole, Canada’s commercial market is quite sound,” notes Ash.  “The majority of investors—both local and those from abroad—seem intent on long-term holds which, despite the supply issue, always bodes well for stability.  Our major centres are redefining themselves through revitalization and exciting new projects, and we’re raising our profile in the process.  Population growth and increased density will absolutely necessitate further evolution and place greater pressure on commercial product down the road.  Future prospects, combined with current market realities—such as weak returns in other investment classes—have all but made commercial real estate a darling among investors.” RE/MAX is Canada’s leading real estate organization with over 19,000 sales associates located in 750 independently-owned and operated offices nationwide.  The RE/MAX network, now in its 40th year, is a global real estate system operating in more than 90 countries, with over 6,300 independently-owned offices and more than 89,500 member sales associates.  RE/MAX associates lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, and asset management.  For more information, visit: www.remax.ca.

RE/MAX No.1 Among Real...

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DENVER   – For the fifth consecutive year, RE/MAX, LLC ranked as the leading real estate franchise organization in the Franchise Times   Top 200. The survey is based upon annual worldwide sales. In the 2013 Top 200 ranking, RE/MAX placed 14th among all franchises, gaining two places over its standing last

RE/MAX Market Trends Farm...

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For immediate release Canadian farmland values reach record levels in 2013 as demand outpaces supply in most markets, says RE/MAX Lower commodity prices expected to have impact on farmland moving forward Kelowna, ON (September 10, 2013) – While Canadian farmland values posted serious year-over-year increases in most rural communities, lower commodity prices are expected to temper appreciation in coming months, according to a report released today by RE/MAX. The RE/MAX Market Trends Report: Farm Edition 2013, highlighting trends and developments in 17 rural communities throughout Canada, found that limited inventory levels—reported in virtually all agricultural centres—continued to contribute to strong upward pressure on the price per acre in 88 per cent (15/17) of markets examined. Peak commodity values and low interest rates created the ideal climate for expansion over the past 12-month period, spurring unprecedented demand for farmland. “The primary drivers in the market continue to be end-users—established farm operators expanding existing operations,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada. “Be it cashcropper or livestock farmer—the economies of scale continue to support expansion. There are many buyers waiting in the wings, but momentum is hampered to some extent by a shortage of farmland listings. Investors—both institutional and individual—are still active in Canadian agricultural centres, but their presence has subsided in recent months.” To date, percentage increases in land values range from market to market, with the greatest upswing noted in Saskatchewan and Alberta. In the East, gains were strongest in London-St. Thomas’ Middlesex West area, followed by Windsor/Essex County and Kitchener-Waterloo. Only the Annapolis Valley in Atlantic Canada and the Fraser Valley in British Columbia reported that prices held firm year-over-year. Cash cropping land continues to be most sought-after, with bare land in greatest demand (no buildings or residences). Tiled and irrigated land for specialty crops are also fetching top dollar. Premiums continue to be paid for tracts abutting or adjacent to existing farm operations. Livestock farmers are also getting into the cash-cropping business, with some in Western Canadian markets converting good pasture land to grainland. -moreRE/ MAX Market Trends: Farm Edition 2013…2 “No real fallout has been experienced as a result of diminished commodity values so far this year,” says Gurinder Sandhu, Executive Vice President and Regional Director, RE/MAX Ontario-Atlantic Canada. “Yet, some moderation is likely, given several years of back-to-back record-setting gains. Some investment funds have already scaled back on purchases, still moving ahead but at a more cautious pace. We expect the trend to continue, with prices stabilizing at current levels. Demand, on the other hand, is expected to remain healthy for the foreseeable future, given the positive long-term outlook for global agricultural markets.” The RE/MAX report also found that private and exclusive transactions still account for as much as 50 per cent of farm sales, with deals among neighbours commonplace. Some multiple offers have been reported, but most properties are moving at or close to fair market value. While demand remains exceptionally strong, there is some evidence that cooler heads are now prevailing. There has been an increasing number of properties that did not move at tender or auction, only to sell for good prices on the open market—indicative that buyers are exercising greater caution and diligence. The lack of success at tender/auction may also provide a muchneeded, albeit modest, boost to farmland listings going forward. -more- 2010 Price 2011 Price 2012 Price 2013 Price Market Per Acre Per Acre Per Acre Per Acre Annapolis Valley n.a. n.a. $3,000 - $8,000 $3,000 - $8,000 Windsor/Essex County $5,000 - $6,500 $5,000 - $6,500 $5,000 - $6,500 $6,500 - $8,000 -Leamington $7,000 - $7,800 $7,000 - $7,800 $7,000 - $10,000 $11,000 + -Lower Essex County $4,800 - $5,200 $4,800 - $5,200 $5,000 - $5,500 $6,500 - $7,500 Chatham-Kent $4,000 - $12,000 $4,000 - $15,000 $4,000 - $15,000 $5,000 - $16,000 London-St. Thomas -Middlesex East $8,000 $9,000 $10,500 $12,000 -Middlesex West $5,000 $6,000 $7,500 $12,000 -Elgin County East $6,000 $7,000 $8,500 $10,000 -Elgin County West $4,500 $5,000 $6,500 $8,000 -Lambton North $6,000 $8,000 $9,500 $11,000 -Lambton South $4,000 $4,400 $5,900 $7,500 Woodstock/Stratford $8,400 - $8,600 $9,000 $15,000 $15,000 - $18,000 Kitchener-Waterloo $9,000 - $9,500 $10,000 - $11,000 $11,000 - $15,000 $15,000 - $18,000 South Simcoe -Barrie/Tottenham/Innisfil $8,000 - $10,000 $8,000 - $10,000 $8,000 - $10,000 $11,000 -Holland Marsh $15,000 - $18,000 $15,000 - $18,000 $18,000 + $20,000 + -Bradford $20,000 $20,000 $20,000 $25,000 + Bruce County $3,000 - $5,000 $4,500 - $7,000 $5,000 - $8,000 $5,000 - $9,000 Grey County $2,500 - $3,000 $3,000 - $4,000 $3,000 - $6,000 $3,500 - $6,500 Eastern Ontario - Renfrew/Cobden n.a n.a. n.a. $3,000 - $5,000 - Ottawa/West Carleton n.a n.a. n.a. $4,000 - $5,000 - North Gower/Winchester/St. Isidore/Casselman/Maxville n.a n.a. n.a. $8,000 - $12,000 Southwest Manitoba n.a. n.a. $1,200 - $1,500 $1,350 - $1,600 Northern Saskatchewan n.a. $650 - $1,200 $800 - $1,500 $1,500 - $2,000 East Central Saskatchewan n.a. $700 - $1650 $800 - $2,000 $850 - $2,500 Central Alberta n.a. $1,600 - $3,800 $2,000 - $4,500 $3,400 - $6,500 Southern Alberta n.a. n.a. $800 - $6,500 $800 - $8,500 Peace River North n.a. $1,150 $1,250 $1,300 - $1,350 Fraser Valley n.a. $40,000 - $60,000 $40,000 - $60,000 $40,000 - $60,000 Source: RE/MAX RE/MAX MARKET TRENDS, FARM EDITION 2013 Canadian Farmland - Price Per Acre by Market RE/MAX Market Trends: Farm Edition 2013…3 While days on market have climbed in a number of centres year-to-date, time on market should narrow heading into the traditional fall market. Many centres have reported sales on par with levels one year ago, although the Prairies have once again demonstrated greater momentum. Transactions have climbed in Southwest Manitoba, Northern Saskatchewan and East Central Saskatchewan. The competition among expanding farm operators is creating greater difficulty for young start-ups, smaller operators, and new immigrants, with affordability a serious issue. Programs offered by Farm Credit Canada (FCC) are helping some make the foray into the business. Others are realizing the dream of farmland ownership through the help of older farmers and/or relatives. Ultimately, the result has been fewer, but larger farms overall—a trend that holds up from coast-to-coast. Succession is also playing a significant role and limiting farmland supply. As a result, the rental market for farmland, along with rates, has experienced strong growth as well, with quality farmland commanding higher prices per acre per growing season. The income potential—particularly given the poor return on other financial investment vehicles—is another factor exacerbating limited inventory levels. Residential farmland use was also noted as a growing trend in many Canadian centres. While some purchasers represent an increasing contingent of hobby/gentleman farmers, many of these buyers never intend to farm an acre. Some are intent on recreational use, while others are simply taking advantage of price point, proximity to town, favourable tax rates, and income potential. “Burying money in the ground simply makes sense for many farmland purchasers, whether they intend to own/operate, rent the land, invest for the future, or secure farmland acreage for residential purposes,” says Ash. “The single greatest common denominator among purchasers in this segment remains confidence. The promise and potential of the land is something farmers have believed in for years. That sentiment will continue to support a positive outlook for Canadian farmland moving forward.” RE/MAX is Canada’s leading real estate organization with over 19,000 sales associates located in 750 independently-owned and operated offices nationwide. The RE/MAX network, now in its 40th year, is a global real estate system operating in more than 90 countries, with over 6,300 independently-owned offices and more than 89,500 member sales associates. RE/MAX associates lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, and asset management. For more information, visit: www.remax.ca. ### For more information: David Geraghty Eva Blay/Charlene McAdam RE/MAX of Western Canada Point Blank Communications 250.860.3628 416.781.3911

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RE/MAX Upper End Market Trends Report 2014

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RE/MAX Upper-End Report Indicates that Canadian Luxury Home Markets hit Record Sales in 2013

January, 31, 2014

Our RE/MAX Upper End Market Trends Report, released earlier ths week, took a look at sales activity in 16 major centres across the country—and the numbers were nothing short of incredible!

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With 35 years of real estate experience RE/MAX Associates have become “The Real Estate Leaders” in quality customer service. Our premier market presence and network provides a host of competitive advantages to ensure that RE/MAX Sales Associates have the most to offer you. At RE/MAX we’re proud of our outstanding agents who produce such outstanding results. Welcome to RE/MAX, we hope that you enjoy your visit.