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Heritage Has Heart

  CENTURY 21® Annual Ride Campaign For The Heart And Stroke Foundation's BIG BIKE EVENT  With four BIG BIKE rides scheduled for 2013, join CENTURY 21® Heritage Group Ltd. as they pedal their way towards their goal of raising funds for Heart and Stroke research and education.  The Heritage Has Heart campaign in the CENTURY 21® Heritage Group Ltd. firm was ...

CANADIAN REAL ESTATE ASSOCIATION RELEASES MARCH 2013 STATISTICS

The Canadian Real Estate Association (CREA) has released the national home sales activity for March 2013.  The statistics show an increase in activity over February, but a decrease from March 2012.   Please click here for all the details.

Competition Tribunal Dismisses Case Against Toronto Real Estate Board

On April 15 the Competition Tribunal announced that it has dismissed an application initiated by the Commissioner of Competition against the Toronto Real Estate Board, and ordered costs payable by the Commissioner of Competition of TREB. The Competition Tribunal stated that its decision is based on its finding that the Toronto Real Estate Board was not acting anti-competitively. VOWs allow consumers ...

Top 20 Best Cities to Live In

According to Moneysense (Canada's Personal Finance Website) the top 20 cities of 2013 show Canadians where are the best places to live. This is Moneysenses's 8th annual list, where best places are determined by various qualifications. Things that are considered while determining best places to live include: incomes and employment,  the price of housing, weather, crime rates and access ...

Going Up?

The Greater Toronto Area is growing but unfortunately land is getting scarce for new construction so up is where builders are building.  There are approximately 80,000 to 100,000 new immigrants every year. According to RealNet Canada Inc., based on those numbers we need approximately 40,000 new homes to be built every year, that is the size of Fredericton, New Brunswick.  Looking down ...

To DIY or Not to DIY?

   We have all seen those TV programs whereby they show homeowners do DIY renovations and they are complete disasters. Sure, we are only human after all and we think “wouldn’t it be great to save the money instead of paying the professional contractor to fix…I’m going to do it myself”. When thinking about it, it all seems so simple until you start the project ...

OREA INTERACTIVE VIDEO SERIES - WHAT NEIGHBOURHOOD IS RIGHT FOR ME?

  The Ontario Real Estate Association (OREA) has released several interactive real estate video series. This one is called "What Neighbourhood Is Right For Me?" By answering the questions in the video, it gives information that many buyers will find useful when making their home buying decisions.  

It's Not Too Late!

   In the Greater Toronto Area, we have seen a steady growth in our real estate market even with a couple of major changes that affected our market place in the last 5 years. One major change was in 2008 which was the additional land transfer tax that buyers paid on properties registered with the Toronto Land Registry Office. Since this is an out of pocket expense, some buyers have steered ...

New Changes With Canada's Mortgage Rules

      Canada's housing financing rules for government-backed insured mortgages are going to be adjusted once again. Yesterday Jim Flaherty announced that these changes are to help hard working Canadians to not become overextended. The 4 new measures below will take effect on July 9th, 2012. Since 2011, the current maximum amortization is 30 years which was ...

CANADIAN REAL ESTATE ASSOCIATION RELEASES APRIL 2012 MLS® HOME PRICE INDEX

The Canadian Real Estate Association (CREA) has released the MLS® Home Price Index statistics that show an increase in home prices in April 2012. Click here for the details.
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