By Garry Marr, Canwest News ServiceAugust 14, 2009
TORONTO - July housing sales across the country were the best on record for the month and the largest year-over year increase in two years, the Canadian Real Estate Association said Friday
.
The Ottawa-based group, which represents about 100 boards across the country, said there were 50,270 units sold via the multiple listing service ...
Posted by Rebecca Collett
on August 14, 2009
Housing sales bounce back nationwide
Dave Ebner and Susan Krashinsky
Vancouver and Toronto - From Wednesday's Globe and Mail Last updated on Wednesday, Jul. 15, 2009 03:28PM EDT
Mike Stewart has never been busier. After a brutally slow winter, the real estate agent has signed a string of deals
and in May had his best-ever month, notching 10 sales in downtown Vancouver, adding another seven ...
Posted by Stephen George
on July 24, 2009
While new home construction remains about a third lower than last year, a report from TD Economics says the new numbers are encouraging.
The figures "provide more evidence that the Canadian economy has certainly passed the worst of what can be expected in terms of residential investment contraction," TD said in a report released Thursday.
Sales have picked up dramatically in a number of cities, ...
Posted by Darren Villeneuve
on July 24, 2009
President's Pen: Recreational Properties
A weekly President's Pen article appears in some editions of the EMC community newspapers, under the byline of the current Board President. Here is the latest article: Owning a cottage or other recreational property is something many of us dream about. In fact, a recent report by a major real estate company in Canada showed that demand for recreational ...
Posted by Stephen George
on July 24, 2009
ONTARIO GOVERNMENT LAND TRANSFER TAX COSTS
On transfers of residential real property in Ontario, Ontario Land Transfer Tax (LTT) is calculated on the purchase price (less a calculation regarding GST, if the property purchased is a newly built home). The Ontario land transfer tax is payable by the purchaser on the purchase price upon registration of a Transfer/Deed of Land in the Ontario ...
Posted by Stephen George
on July 7, 2009
HOW'S THE MARKET???....this is the one question posed to me by nearly everyone I meet, from the daycare owner, the cashier at the grocery store, and naturally every Buyer and Seller.
In the last two years we have seen that the market has moved from a strong seller's market to a balanced one in which both buyer and seller have room to negotiate... to a bit of a Buyers market. We have also seen many ...
Posted by Rebecca Collett
on July 7, 2009
After careful thought and consideration, I have recently made the decision to move over to Century 21 Action Power Team. My CLIENTS' needs are at the very core of this move. Of course, if my clients are satisfied than that ultimately translates into more business and thus a more successful career for me also.
Highlights on which my decision was ultimately based! The largest real estate ...
Posted by Darren Villeneuve
on July 7, 2009
New website details best mortgage options The Canadian Association of Accredited Mortgage Professionals (CAAMP) has launched a new website to provide consumers with the tools to find the best mortgage options to suit their needs. CAAMP says www.mortgageconsumer.ca promotes responsible mortgage decisions, and the site provides tools such as a mortgage calculator, primer, and information about mortgage ...
Posted by Stephen George
on July 7, 2009
A lovely letter was received from the single mother of 5 little angels who woke on Christmas to exciting gifts under the tree, thanks to the generousity of the sales staff at Century 21Action Power Team Ltd.in Ottawa You are all Fantastic! Thanks for making everything special for the kids.
Posted by Carol Jefferies
on July 7, 2009
Here's one of the greatest dilemmas in real estate for those who own a home, and want to sell it and buy a new one: do you sell the home you're living in first, and then go looking for your new home, or do you seek out the new place first and then sell your current abode? After all, few people can afford to maintain and make payments on two homes at once, but timing these things right can be a complicated ...
Posted by Tony McDermott
on July 7, 2009