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Highrise sales in Toronto set records in 2011, but what lies ahead?

By |2019-10-16T06:33:37+00:00February 3rd, 2012|

012 “The best year ever, right?” developer Peter Freed asked upon hearing the 2011 sales totals for Toronto’s condo market. Indeed it was the best year on record for highrise sales. According to RealNet Canada, 27,224 condos were sold between January and November. The previous sales record from 2007 was [...]

Are record-low mortgage rates tempting you to buy?

By |2019-10-16T06:36:35+00:00January 14th, 2012|

2 Canadians who have held off on buying a house might reconsider now that two major banks have dropped their mortgage rates to record lows. The Bank of Montreal lowered its benchmark five-year fixed mortgage rate to 2.99 per cent late Thursday -- the lowest posted rate from a major bank in [...]

Happy New Year to you and your loved ones!!

By |2019-10-16T06:38:04+00:00December 31st, 2011|

1 NEW YEAR - That brings something new in life. A resolution to bring hopes and a spirit to overcome all the darkness of past year. A determination to start all things with a new beginning which we failed to complete in the past year, some new promises to [...]

Merry Christmas from Our Family to Yours!

By |2019-10-16T06:39:13+00:00December 25th, 2011|

1 Merry Christmas from Our Family to Yours! There is a certain magic in the air that makes this time of year my absolute favourite. The sweet smell of gingerbread in the oven. The extra sparkle in our little ones' eyes. And the never-ending search to find that perfect [...]

Are new condos overvalued compared to resale units?

By |2019-10-16T06:40:56+00:00November 28th, 2011|

1 Let’s compare GTA prices for both new and resale condominiums and see what the gap looks like. Back in January 2004, the price of a new condominium stood at $254,409, according to RealNet’s monthly New High Rise Home index. At the same time Toronto Real Estate Board (TREB) figures showed that [...]

Toronto Real Estate & Condo Market is on FIRE!!!

By |2019-10-16T06:42:48+00:00November 18th, 2011|

1   NOVEMBER, 2011 According to statistics released recently by the Canadian Real Estate Association (CREA), national resale housing activity picked up this autumn. “The Canadian housing market remains a bright spot against a backdrop of mixed headline news about the global economy,” said Gary Morse, CREA President. “Low mortgage [...]

Housing performance expected to accelerate in 2010

By |2019-10-16T07:29:28+00:00November 17th, 2011|

January, 2010 Dear Friend, The start of 2010 brings with it the opportunity to set ambitious new goals for the year and even the decade ahead, particularly in light of the market’s fortuitous recovery in recent months. In December, the real estate market continued its strong pace with the [...]

Buy Real Estate in mixed use areas

By |2019-10-16T07:35:20+00:00July 16th, 2011|

1  Buy Real Estate in mixed use areas Take a walk in the Financial District on a Friday between 7-10 pm. It's hard to believe that an area with such a great walkscore isn't more vibrant. The reason is simple: It lacks the sufficient uses in the evenings and [...]

GTA Resale Housing More Balanced in June

By |2019-10-16T07:26:03+00:00June 30th, 2011|

Welcome to Summer! It seems like forever, but summer has finally arrived with warm weather, blue skies, and long days! Toronto real estate continues to be a great investment. Prices for the first 6 months of 2008 have increased 5.1% over the same time period in 2007 and now [...]

Super Hot Deal!!

By |2019-10-16T07:32:38+00:00June 13th, 2011|

0 Condominiums first step to homeownership in most major centres, says RE/MAX     Nov 01, 2010 Given serious escalation in detached housing values, condominium apartments and towns have now emerged as the first step to homeownership, says RE/MAX Ontario-Atlantic Canada. Affordability has fuelled buying activity across the board, according to [...]

Good Start to 2011!! Happy Valentines Day

By |2019-10-17T06:45:17+00:00February 1st, 2011|

February 2011 Good Start to 2011! While February started Torontonians off with a major snowstorm, January's real estate numbers were being tabulated, and the results were enough to warm the hearts of many people. With 4,337 single family homes sold in January, 2011 was off to another great year [...]

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