BMO Financial Group

BMO Financial Group
BMO Bank of Montreal

BMO Bank of Montreal

April 11, 2012 06:00 ET

MEDIA ADVISORY-Housing Market Springs Forward: BMO Unveils Housing Report and Experts Discuss What is Expected for Buyers and Sellers

- BMO will unveil findings from the BMO Spring Housing Report including buying intentions and expectations among Canadian home and condo owners

- Canadian housing market remains solid with sustainable building levels and compelling regional sales activity

- Experts from BMO, RE/MAX and Sotheby's provide insights into real estate trends - including the high-end property market - as Spring buying season takes hold

TORONTO, ONTARIO--(Marketwire - April 11, 2012) - Spring marks the busiest real estate season in Canada and with many Canadians weighing their options, a variety of trends are emerging in markets across the country.

Canadian housing activity began 2012 on a solid footing, with building activity supported by mild weather, healthy sales, and rising prices. While there continues to be speculation about a housing bubble in Canada - with Vancouver sales falling almost 30 per cent from a year-ago and both Edmonton and Victoria also posting declines - the story is far from uniform across the country. Regional differences abound; with Toronto remaining strong and sales gains of 12 per cent in Ottawa and Calgary.

With this in mind, experts from BMO, RE/MAX and Sotheby's will discuss findings from the new BMO Spring Housing Report, the real estate environment in Canada, and what prospective buyers and sellers need to keep in mind.

Panellists will discuss the following topics:

  • What is in store for the Canadian housing market over the coming months?
  • What is different from last year for Canadian homeowners looking to buy or sell their house or condo?
  • What key trends are emerging in Canadian real estate, including in Toronto's high-end property market?
  • The financial ins-and-outs of purchasing a home, including the importance of home inspections and pre-approvals
  • Additional insights and commentary
What: BMO Bank of Montreal, RE/MAX and Sotheby's discuss the Canadian Housing Market
Who: Katie Archdekin, Head of Mortgage Products, BMO Bank of Montreal
Conrad Zurini, Broker of Record, RE/MAX Escarpment Realty Inc.
Paul Maranger, Senior Vice President, Sotheby's International Realty Canada
When: Thursday, April 12, 2012; 10:00 a.m. - 10:30 a.m. ET
Media Dial-in: Toll Free 1-888-789-9572 or 416-695-7806
Passcode: 8607753

Contact Information

  • To confirm your attendance or if you have any questions,
    please contact:
    Jessica Park, Toronto