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Real Estate Forecast

Re/Max just released a report on December 10 on their forecast of home sale prices across the nation for the new year. For the past year, most Canadian cities experienced an increase in inventory, but still saw modest gains in the average residential sale price (a low supply and high demand is a key factor in determining home sale prices). The greater areas of Toronto and Vancouver in particular experienced ...

Real Estate Marketing November 2014

The Great Toronto Realtors have just released the latest sales report. Last month, 6,519 transactions were reported through the TorontoMLS system, which is up 2.6 per cent from 6,354 in November 2013. On the other hand, the number of active listings on the market last month stood at 14,717, down 8.5 per cent from 16,092 the same time last year. This in part helped to drive up the average selling price, ...

Christmas in Markham

As the holidays draw near, you may be feeling yourself in a festive mood. Taking a walk along Main Street Markham or Main Street Unionville and you will feel even more so. With the historic buildings and the streets and store fronts adorned with beautiful garlands and lights, you will feel like you have been transported to a Victorian village. If you enjoy the outdoors, explore one of Markham’s ...

Real Estate Market

According to an article published by the Financial Post on November 19, 2014, Canadian Imperial Bank of Commerce’s deputy chief economist Benjamin Tal and economist Nick Exarhos recently dispelled speculation that real estate market is overinflated in a report. The paper reported that the pair stated, “Ask any real estate developer in any of Canada’s major cities about the risk ...

Alzheimer Disease

Markham is a community that offers a variety of programs that makes it a place well suited for people with different needs. The Mosaic Home Care Services & Community Resource Center, for example, located at 2900 Steeles Avenue East, offers a free monthly program for those diagnosed with early stage Alzheimer’s disease and their caregivers as an avenue for its participants to socialize, ...

Market Watch October 2014

The Greater Toronto Realtors have just released their latest sales report. Last month, there were 8,552 sales transactions made through the TorontoMLS system, which is up 7.7 per cent as compared to 7,941 in October 2013. The average price is up from $539,286 to $587,505, representing an 8.9 per cent year-over-year increase.  New listings were also up, from 13,038 last year to 13,476 last month, ...

Art Gallery of Markham

In today’s blog we return to our discussion of things to do in and around Markham. From now until January 11, 2015, the Varley Art Gallery of Markham will be holding “The Varley Story.” At the heart of the event is Frederick Horsman Varley (1881-1969), who is often hailed as the founder of the famous Group of Seven artists. The Varley Story tells the captivating and colourful life ...

Real Estate Market forcast 2015 and 2016

The Canada Mortgage and Housing Corp., the national housing agency, just announced their predictions that home construction growth will remain steady through 2015, mirroring demographic and economic trends. The report stated that “economic conditions in Canada are forecast to gradually improve in the short-term and lead to modest increases in employment and average earnings, which should support ...

Real Estate Market

BMO Capital Markets have just released a report on Canada’s “Hot 3” – Calgary, Toronto and Vancouver – the three Canadian cities still experiencing boom-time conditions, with a combined year-over-year increase of 9 per cent in sales from June to August and were near pre-recession highs. Some reports have suggested that September sales have been ever stronger. Meanwhile, ...

Markham

One can easily see that Markham is a very developed township, with a population of over 300,000 (according to the 2011 Stats Can Census) and expansive commercial and residential development. But what many do not know is that Markham is one of Canada’s most significant high-tech epicenters, housing over 400 corporate head offices, including global giants Apple Inc, American Express and IBM Canada. ...
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