Archive | Selling

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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19 September 2012 ~ 0 Comments

Low-Rise Home Sales Drive August Price Growth

Greater Toronto Area (GTA) REALTORS® reported 6,418 sales through the TorontoMLS system in August 2012, representing a year-over-decline of almost 12.5 per cent compared to 7,330 sales reported in August 2011. The number of new listings reported in August was down by 5.5 per cent compared to the same period in 2011. “Residential transactions were […]

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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 […]

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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 […]

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21 July 2012 ~ 0 Comments

Low-Rise Home Types Drive June Price Growth

Greater Toronto REALTORS® reported 9,422 home sales through the TorontoMLS system in June 2012. The number of transactions was down by 5.4 per cent in comparison to June 2011. The year-over-year decline was largest in the City of Toronto, where sales were down by 13 per cent compared to June 2011. Sales in the rest […]

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25 June 2012 ~ 0 Comments

For Sale By Owner Sells for Almost $200,000 Less!!

Sell it by yourself real estate companies (FSBO or discount companies) always seem to pop up when the real estate market is hot. And a hot real estate market is what we have been experiencing over the past 10 years. Now normally I’m not the type of person who revels in the misfortune of others […]

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