OTTAWA – May 25th, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), the MLS® Home Price Index, the leading measure of Canadian home prices, increased in April 2012.
Highlights:
The Aggregate Composite MLS® Home Price Index in April 2012 was up 5.2% year-over-year.
Toronto again posted the largest year-over-year increase ...
Posted by Ash Chopra
on May 25, 2012
OTTAWA – May 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity edged up by less than one per cent in April 2012.
Highlights:
Home sales up 0.8% from March to April.
Actual (not seasonally adjusted) activity stood 11.5% above levels in April 2011.
The size of the year-over-year increase reflects ...
Posted by Ash Chopra
on May 15, 2012
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Posted by Ash Chopra
on May 14, 2012
TORONTO – Five months after buying one of Toronto’s new luxury hotel condominiums, Oliver Baumeister is girding for a glut of suites like his to hit the market as the biggest names in the hotel business open hundreds of units in Canada’s largest city.
Baumeister, himself a real estate agent, is in no rush to sell. When Toronto’s untested market for five-star condo ...
Posted by Ash Chopra
on May 14, 2012
Friday’s stronger than-expected job numbers could help push Canada’s GDP to 3% in the second quarter, a development that could spur the Bank of Canada to begin hiking rates this summer, one economist said Friday.
Data from Statistics Canada on Friday revealed that 58,200 new jobs were added in April, following on the back of a strong March hiring spree, when the economy added ...
Posted by Ash Chopra
on May 11, 2012
Deadline Ontario is in the midst of a four-year property tax reassessment and for the 2009 taxation year it's possible your property could have been assessed too aggressively. I am advising taxpayers they have an option. The Municipal Property Assessment Corporation (MPAC), is accepting Requests for Reconsiderations until March 31, 2010. If you feel that you are over assessed, I ...
Posted by Ash Chopra
on March 22, 2010