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Corporate News

More Comparable Sales Now Available with Every Report - September 2007

HomeValuationsCanada.com has now increased the amount of comparable properties shown with their Home Value Reports.

With continuous improvement derived from the demand of our website users, specifically real estate investors, we have continued to develop a more detailed and useful analysis on our HVC reports by increasing our comparable sales.

Previously, the HomeValuationsCanada home Value Reports only offered three surrounding comparable properties. However, with increased value for our users, the system will now choose up to ten comparative sales to display, helping make a more informed real estate decision which is an essential part of the valuation process.

The report will continue to display an address for each comparable sale, along with the date and the amount each home was sold for. These comparables are picked on distance in relation to the subject property, how recent the sale was, the type of home it is, and many other variables.

Due to understanding the needs of our users, HomeValuationsCanada.com found that the comparables are one of the most important and essential parts of the Home Value Report.

You can now choose a free PDF guide with every report - July 2007

HomeValuationsCanada has produced a series of guides that help home owners with everything from listing price to paying off their mortgages faster. These reports are a $24.95 value but are available for free with every report purchased from our website.

There are numerous titles to choose from and the library of guides will be expanding all the time. These guides will provide useful information on different aspects of the home buying and selling process as well as tips to help with paying off your home faster. The guides are all in PDF format and the selected guide is attached with your Home Value Report and sent via email seconds after your payment is processed.

British Columbia Now in Coverage Area - May 2007

HomeValuationsCanada.com added British Columbia to its always expanding coverage area today. The online valuation service now covers Ontario, Quebec, Manitoba, Alberta, British Columbia and Nova Scotia.

New Lower Price - August 2006

HomeValuationsCanada is running a limited time offer of $29.95 for Home Owner's Reports. This promotion is targeted at first time users of the website and to create more visibility of this service throughout Canada.

Confidence Scoring Added - July 2006

HomeValuationsCanada has added more functionality to the website. When a property search is done and a successful match is found we will now give a confidence scoring and some details on that property before the full report is purchased. This way accuracy can be determined before any payments details are filled out.

Look for more added value coming soon.

New Services Added to the Website - June 2006

HomeValuationsCanada has now partnered up with leading real estate professionals across Canada to provide services such as listing advice as well as detailed comparative market reports for your area. These services can be provided for addresses that we do not have enough data on or to compare our reports with current listing prices in your area.

Mortgage and refinancing professionals are also available for advice and questions through our site. Once you find out how much your home is worth maybe you want to leverage some of the equity you have earned. Use our service to get in touch with a local mortgage specialist to answer all of your questions.

New Website Launched - May 2006

HomeValuationsCanada has launched a new website to better serve it's customers. The move from the old website (Valuwiz.com) to the new one (HomeValuationsCanada.com) was because of a re-branding campaign to better represent what we do. You will find a more professional look to the reports as well as more functionality added to the site.


Real Estate News

Assessments on hold for two years

With just 16 months until the next election, the McGuinty government is freezing the province's widely reviled property assessment process for two years while the system is being improved.

"We want to ensure that the changes to the property assessment system will result in a demonstrably improved system that is fair to all Ontarians," Finance Minister Greg Sorbara told reporters yesterday.

Mr. Sorbara said the freeze will give the Municipal Property Assessment Corporation (MPAC) time to implement ombudsman Andre Marin's recommendations in a report this year.

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Finance Minister says no time line yet for fixing property-value system

Homeowners looking for relief from wildly inconsistent and often soaring property assessments may be out of luck -- at least for a while.

Finance Minister Greg Sorbara refused to say yesterday how long it would take to improve the controversial system for determining property values in Ontario despite a report that ranked property taxes as the No. 1 complaint to the ombudsman last year.

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Ottawa real estate market booming

According to The Ottawa Business Journal "A new report from Colliers International says investment in Ottawa's commercial real estate market surpassed $1.1 billion last year, a level not seen since 2003."

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Fair weather ahead for residential home sales - No market bust in sight, says U.S. industry leader

"Buoyed by a robust economy, increased in-migration and continued low interest rates, [Kevin Clark, the Calgary Real Estate Board's new president] forecast continued price increases for single-family, combined residential (single- family and mobile homes) and condominiums in Calgary."

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The Conservative Party platform will bode well for people wanting to invest in real estate.

BC Real Estate Association, or BCREA, President Dave Barclay says creative thinking on the part of government helps keep housing affordable...and he says the Conservative proposal to slash the GST to 5% is an example of that creative thinking.

read more (pdf)

The housing market continues to perform well

According to statistics published by the Greater Montréal Real Estate Board (GMREB), 3,169 sales were recorded on the S.I.A.(R)/MLS(R) system in January 2006, an increase of 8% compared to January 2005 when 2,936 residential properties had changed hands.

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Investors tapping into real estate - Homeowners using equity from their houses

A Toronto Star article states, "The real estate boom is turning houses into lucrative assets and homeowners into investors who don't view the home as just a place to live any more, experts say."

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Huge March jump in housing market. Highest price-rise rate in 16 years

Boosted by Alberta's red-hot housing market, national home sale prices jumped by the highest amount in more than 16 years in March, Statistics Canada says.

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The housing market continues to perform well

According to statistics published by the Greater Montréal Real Estate Board (GMREB), 3,169 sales were recorded on the S.I.A.(R)/MLS(R) system in January 2006, an increase of 8% compared to January 2005 when 2,936 residential properties had changed hands.

read more

Investors tapping into real estate - Homeowners using equity from their houses

A Toronto Star article states, "The real estate boom is turning houses into lucrative assets and homeowners into investors who don't view the home as just a place to live any more, experts say."

read more

CMHC/Greater Montreal Real Estate Board: Market Still Active but More Balanced

In the Montreal metropolitan area, the resale market remained very active in the first quarter of 2006. In all, 11,198 properties were sold through the S.I.A®/MLS® network, compared to 10,852 during the first three months of 2005, for an increase of 3.2 per cent.

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Calgary's new-home market on fire. Prices up almost 30 per cent in a year, pushing national figures up in the process

Calgary's new-home market has never been hotter, with prices up close to 30 per cent in just 12 months and record sales volumes expected this year for single-family houses.

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