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TREB Market Watch - March 2014

Toronto Real Estate Board TREB's Senior Manager, Market Analysis, Jason Mercer discusses the Market.

Finished Reno

   Sorry for the delay but here are the final pics of our kitchen reno. We are so happy with how everything turned out. We had a little setback with our backsplash installation but it all turned out. Just a little aside -- please make sure that the surface that you are applying the tiles to is level. We thought ours was all level but when we went to install the tiles there was one area ...
Tags: Kitchen Reno

Toronto and GTA sales for March 2014

Sales growth was much stronger in March than January and February.  Average selling price increased by about 8%, year over year.  Why ???  Borrowing cost is low and declining, shortage of listings, lots of first time home buyers willing to enter the market before CMHC restrictions apply ( May 1st ) . Strong price growth is expected for the remainder of 2014. Condo resale prices ...

Focus on Flaherty's Legacy

Canada was shocked at the sudden passing of (not so) former Finance Minister Jim Flaherty. He leaves behind a legacy as a world class finance minister, politician and steward of the Canadian economy.   Among his many achievements, including his personal interest in Toronto’s condominium (condo) market, Mr. Flaherty will be remembered for His efforts to pull the economy out of the recession ...

Real Estate Market Watch 2014 - No Rate Change!

As expected, the Bank of Canada announced yesterday that it is not changing the benchmark rate. The announcement noted that with “inflation expected to be well below target for some time, the downside risks to inflation remain important.” This is great news if you’ve got a variable-rate mortgage; the prime rate stays at 3% and it’s unlikely we’ll see any increases in ...

Fructose intolerance: Which foods to avoid?

  Fructose is a sugar found naturally in fruits, fruit juices, some vegetables and honey. Fructose is also a basic component in table sugar (sucrose), and high-fructose corn syrup is used to sweeten many processed foods and beverages. When your digestive system doesn't absorb fructose properly, it can cause abdominal pain, diarrhea and gas. People who have fructose intolerance should limit ...

IMF says Canadian economy to pick up speed, but many risks remain

OTTAWA • Canada’s economy will pick up speed in 2014, thanks in great part to stronger growth in the United States, as both countries shake off a chilling start to the year, the world’s key lending agency said Tuesday. But the International Monetary Fund, in its latest analysis of global growth and trends, cautioned external risks still exist for both countries and urged the Bank of ...

Property Brothers Casting in GTA

Brothers Jonathan and Drew Scott help homeowners move up the property ladder. Jonathan completes renovations for a successful sale and sales rep Drew oversees the selling and buying process. The show is looking for 13 families who have detached homes in need of a light cosmetic makeover and staging to take it from drab to fab. Filming will take place this May to October, with each makeover taking ...

Top 11 Ways to Sell Your Home in the Spring

Tips for Winning Over Spring-Time Home Buyers Spring is the optimum time to sell a home. Regardless of whether it's a buyer's market or seller's market, inventory without a doubt always rises in the spring. Why? Because the largest number of buyers are actively searching for a new home during the months of April, May and June. Tip: If your home has been on the market since the holidays, ...

Oak Ridges Lake Wilcox Real Estate

Oak Ridges Lake Wilcox MLS Real Estate Listings: Click Here   Lake Wilcox November 27, 2010 Lake Wilcox Transformation Richmond Hill, York Region Richmond Hill, York Region         Lake Wilcox Fish and Wildlife Sanctuary Townhomes Townhouses Richmond Hill, York Region Lake Wilcox, Richmond Hill         Homes ...