This Month In Real Estate (Canada): June 2009

Good decisions and great investments start with a good understanding of the market. This is the monthly edition of Canadian Real Estate news by Keller Williams Realty's stars, Jay Papasan and Bryon Ellington. Here is the video on the topic for this month.


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Toronto Ribfest 2009 - Centennial Park, Etobicoke

Canada Day Weekend at Centennial Park is the ideal setting for Ribfest. FREE Fireworks and
Entertainment at Centennial Park help to ensure that crowds will be large. Well in excess of
100,000 people attended last year. Most importantly, all proceeds go back into the community
through the 100% volunteer efforts of the Rotary Club of Etobicoke.

This is the largest festival of its kind in the Toronto area. Ribfest is a celebration of barbequed
ribs in which professional “Ribbers” travel the continent cooking-off and competing against
each other at all of the major outdoor celebrations.
Celebrate Canada Day Weekend with the best Ribbers from Canada and the United States.
Barbeque Ribs by some of North America’s best Ribbers.
Free Admission & Parking.
Kid’s Activities include carnival, pony rides, balloons, and more.
Beer & Wine Garden 2 concert stages now available!
Z103.5 Event Cruiser and free stuff!
Arts and Craft displays, along with many local vendors.
Fireworks on July 1, 2009 Canada Day (night).
Centennial Park Concert Stage with Live bands performing throughout
the event’s day and evening celebrations. Come see hot performers and
swinging bands!
Karaoke Event now featured.
The RIBFEST features 14 Ribbers for a 6-day competition
between American and Canadian Ribbers for the “Chief Hog” Trophy.
Kid’s YTV “Wow Truck” on June 29, June 30 and July 1, 2009.
GREAT FUN! GREAT FOOD! GREAT ENTERTAINMENT!

The Rotary Club of Etobicoke
Visit Websites: http://www.rotaryetobicoke.org/ • http://www.torontoribfest.com/

Silver Linings of Recovery in Sight

*Canada’s housing market is humming along with sales activity increasing 11% from the previous month, the largest monthly gain in more than five years. Low mortgage rates, improved affordability and greater choice of inventory have helped more renters become buyers. With sales activity rising strongly and new listings trending downward, Canada continues to move toward balanced supply and demand conditions.
Home building recorded its first broadly based increase since October last year, which is good news as this sector will hopefully cease to be such a drag on the economy. The housing market was not the only bright spot – the Organization for Economic Cooperation and Development (OECD) said their composite leading indicator showed tentative signs of recovery in Canada. Their data indicates that Canada’s economy may be bottoming out and is likely to start heading up. Consumer confidence has been increasing for the last three months and currently stands at the highest level in 15 months.
The strengthening U.S. and international demand for manufactured and commodityrelated products should help lift Canada’s economy. However, a strengthening Loonie could serve as a counterinfluencing factor.

*Read the full report in PDF format by clicking on this text.(provided by Keller Williams Research, released June 11, 2009)