The federal government is moving once again to tighten mortgage-lending rules amid lingering concerns about an overheated housing market and rising household debt levels. In a move being discussed over the past few months Finance Minister Jim Flaherty announced the federal government is reducing the maximum amortization period for a government-insured mortgage to 25 years […]
Tight Market Drives Double-Digit Price Growth April 4, 2012 — Greater Toronto REALTORS® reported 9,690 sales through the TorontoMLS system in March 2012. This result was up by almost eight per cent in comparison to the 8,986 deals reported during the same period in 2011. “The GTA resale market has not suffered from a lack […]
Greater Toronto REALTORS® reported 7,032 sales in February 2012 – up 16 per cent compared to February 2011. New listings were also up over the same period, but by a lesser 11 per cent to 12,684. It is important to note that 2012 is a leap year, with one more day in February. Over the […]
Just because you don’t own your apartment doesn’t mean you can’t dress it up, cover the ugly parts and give it your own personal touch. Here are 10 ways you can bring temporary personality and style to your apartment. – • Ugly windows with an ugly view? Cover them up with Emma Jeffs Window […]
In typical political brainwashing today’s Ontario Liberal government is floating the idea of placing a casino in the heart of the country’s largest city, my beloved Toronto. Touting the economic benefits such as job creation and added tourism (yeah like any sane citizen believes that one) the Liberal government seems to be talking out of […]
“Please wear a Poppy”, the lady said and held one forth, but I shook my head, Then I stopped and watched as she offered them there, And her face was old and lined with care; But beneath the scars the years had made There remained a smile that refused to fade. A boy came […]
Occasionally in my daily searches I will come across a listing where the Seller has contracted a Flat Fee Real Estate Firm to merely post their property on the Multiple Listing Service (MLS). When a Seller chooses this option the fee being paid to the co-operating Broker (the one who brings the buyer) can vary from […]
With economic turmoil continuing in many parts of the world financial uncertainty and fear remain at elevated levels. Stock markets have been down over the past week and may continue to drop further as markets around the world adjust and deal with the fallout of the current crisis. Dealing with this uncertainty and trying to […]
Greater Toronto REALTORS® reported 10,230 home sales through the TorontoMLS® system in June 2011 – up 21 per cent compared to June 2010. This number represented the third best June result on record behind 2007 and 2009. The number of transactions during the first six months of 2011 amounted to 48,189 – down by 4.5 per […]
CIBC World Markets economist Benjamin Tal being quoted upon in an article by the Globe and Mail’s Steve Ladurantaye… Every time it seems the Canadian real estate market is about to be torpedoed by higher interest rates, events around the world conspire to keep a lid on increases and spur a new round of furious buying […]