Archive | Condos and Lofts

20 January 2013 ~ 0 Comments

Ontarians want to know home’s grow-op history

An overwhelming majority of Ontario residents (93 per cent) want to know if the home they plan to buy was once a marijuana grow-op or clandestine drug lab, a new survey reveals. Almost one in four (24 per cent) of Ontarians report seeing or knowing of homes in their neighbourhood that have been used as […]

Continue Reading

10 January 2013 ~ 0 Comments

Springtime Blues in January

The beginning of another new year calendar year is upon us and the January real estate market is already starting to heat up! My Buyer clients that I am working with have hit the keyboard running and on a daily basis I am back out showing homes and condos in the Toronto neighbourhoods I love […]

Continue Reading

19 November 2012 ~ 0 Comments

Market Watch – Average Price Up in October, Despite Fewer Sales

Greater Toronto Area REALTORS® reported 6,896 transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent compared to October 2011. There were two more business days in October 2012 versus October 2011. On a per business day basis, transactions were down by 15.6 per cent. “Sales have decreased in the […]

Continue Reading

19 November 2012 ~ 0 Comments

Paying Capital Gains on Assigment Sales and Investment Condos

A little while back The Globe and Mail published an informative piece titled “House flippers beware. You can’t always sell your residence tax-free” which I posted a link to from my facebook page See article here. This had me thinking of purchasers who buy pre-built condos and for whatever the reason, either sell them upon […]

Continue Reading

16 October 2012 ~ 0 Comments

Are Real Estate Agents Responsible for Today’s High Cost of Homes?

I was reading an article a few weeks back on the high cost of homes in Toronto today with the average price of a detached house hitting $800,000. Pretty much the article labelled real estate agents as the cause for today’s high price of homes. I chuckled to myself (and others around me in the […]

Continue Reading

16 October 2012 ~ 0 Comments

Strong Average Price Growth in September

Greater Toronto Area (GTA) REALTORS® reported 5,879 transactions through the TorontoMLS system in September 2012. The average selling price for these transactions was $503,662, representing an increase of more than 8.5 per cent compared to last year. The number of transactions was down by 21 per cent in comparison to September 2011. However, it is […]

Continue Reading

21 September 2012 ~ 0 Comments

Rookie real estate agents and media dreams

Today there are many different places a person can go and get information on what’s happening in the real estate market. Realtors, traditional media sources, economists, family friends and many more. I’ve been an actively involved and committed full time real estate agent for the past 16 years and have always been dedicated to building […]

Continue Reading

19 September 2012 ~ 0 Comments

Bank of Canada keeps interest rates on hold – September 2012

The Bank of Canada kept its key policy rate at 1 per cent on September 5th, 2012, where it has been held steady for two years. This marks the longest period since the 1950s that rates have been left unchanged. The text accompanying the announcement was little changed from the July statement. This includes the […]

Continue Reading

20 August 2012 ~ 0 Comments

GTA Home Prices Up in July

Greater Toronto REALTORS® reported 7,570 sales in July 2012, representing a decline of 1.5 per cent compared to 7,683 sales reported in July 2011. The decline was most pronounced in the condominium apartment segment in the City of Toronto. Total sales in the rest of the Greater Toronto Area (GTA) were up compared to the […]

Continue Reading

20 August 2012 ~ 0 Comments

Are Your Property Taxes Going Up or Down? This Fall M.P.A.C. to Mail New Property Appraisals

A report on residential sale price trends released by the Municipal Property Assessment Corporation (MPAC) revealed that average Ontario home prices have risen 17 per cent over the past four years.  MPAC’s Residential Sale Price Index measures average sale price trends in the province for all residential properties. MPAC completes a uniform, province-wide property assessment […]

Continue Reading