About Winnipeg's All Seasons Estates

The new CMHC Housing Market Overview Report for August 2010 is out!

The report substantiates what we have been hearing from our colleagues across Canada of the market slowing down. Unit sales of existing homes in July were down to 378,432 units from 406,032 units across Canada in June. "Across Canada, existing home sales are down 24.9 per cent compared to July 2009."

Not only are unit sales down from June but prices are down slightly as well. The seasonally adjusted average MLS® price in Canada decreased from $332,492 in June to $331,834 in July.

However when compared to July 2009, the Canada-wide average MLS® price has increased by 2.1 per cent.

Employment was down by 9,300 jobs in July, pushing the unemployment rate 8 per cent. Despite the slight decline last month, employment has been trending upward since July 2009 with a total of 393,700 jobs created. A decline in full time employment (-139,000) in July was largely offset by part-time gains (+129,700). I am concerned that we are replacing full time jobs with part time jobs. When it is all said and done jobs play a HUGE Factor in the housing market. People cannot buy new homes or even sustain their existing homes without JOBS.

You can get a copy of the full report by clicking here.

Several people have asked me what is a "Miracle Home" when they see the sign rider on my For Sale signs. Those sign riders are to let people know that when they buy this home, they are also helping to support the Children's Miracle Network.

RE/MAX Associates have been supporters of Children's Miracle Network since 1992. RE/MAX, a leading real estate franchisor, has arrived at an amazing milestone of: $100 million dollars raised over the past 18 years for Children's Miracle Network, which raises funds for more than 170 pediatric hospitals. In doing so, RE/MAX became one of the top three Children's Miracle Network donors of all time.

The funds raised by Harry Loganof RE/MAX executives realty in Winnipeg, MB go to the Children's Hospital Foundation of Manitoba to purchase specialty medical equipment and help treat children needing expert medical care. "Supporting our local Children's Miracle Network hospital is part of the RE/MAX spirit. Our agents are immensely proud to support Winnipeg Children's Hospital", said Harry Logan. "We all feel it is important to give back to this community in which we earn our living and raise our families."

The donations from hundreds of RE/MAX offices and thousands of RE/MAX Associates amount to millions of dollars each year for children's hospitals. RE/MAX primarily raises funds through the Miracle Home^® program where Associates make a contribution to Children's Miracle Network with each closed transaction. RE/MAX offices and agents also sponsor golf tournaments, host art auctions and organize a variety of other fundraising activities throughout the year.

"When you take into account that the real estate industry was hit harder than any other by the economic recession, it's overwhelming that RE/MAX Associates raised $7 million for Children's Miracle Network in 2009 alone, bringing their total to a landmark $100 million," said Scott Burt, president and CEO, Children's Miracle Network.

"Knowing that children's hospitals have been impacted deeply by the downturn in philanthropic giving, RE/MAX Associates worked harder than ever to support Children's Miracle Network and the children in our communities," said Vinnie Tracey, president, RE/MAX International, Inc.

About Children's Miracle Network

Children's Miracle Network is an international non-profit organization that raises funds for more than 170 children's hospitals. Countless individuals, 90 organizations and 400 media partners unite with Children's Miracle Network hospitals to help sick and injured kids in local communities. Donations to Children's Miracle Network create miracles by supplying life saving medical equipment, funding medical care, research and education that saves and improves the lives of 17 million children each year. To learn more go to ChildrensMiracleNetwork.org.