OK this is not really about real estate. So if that’s the only reason you are reading this, I suggest you to stop now, ’cuz I am going to let out my rant. Suaad Hagi Mohamud, the woman you have probably heard about a lot by now because she was detained in Kenya, is back in Toronto. I am very happy. It is something to celebrate. But this shouldn’t have been in news at all. Here’s ...
Posted by Jagdeep Singh
on August 15, 2009
In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 - up by six per cent compared to the same month last year. "Households confident in their positioning within the current economic environment have taken advantage of housing affordability in the GTA," said TREB President Tom Lebour. "The real ...
Posted by Jagdeep Singh
on August 6, 2009
Anyone who is familiar with Toronto knows it to be a world class city, compared with the top urban centres around the world. Any such person would also know that the Bloor and Yonge intersection, (although not truly the downtown as per the original Toronto municipality) is the epicentre of activity. Mainly because the only two subway lines intersect underground at this point and this happens on the ...
Posted by Jagdeep Singh
on July 21, 2009
Bill 150 was tabled at the Legislative Assembly of Ontario on February 23, 2009 and passed into law on May 14, 2009.
Some of the issues the legislation focusses on are green energy procurement, financing green energy, community energy, engaging First Nations and Métis communities, grid upgrades and evolution, conservation and protecting the environment.
The purpose of this Act is to facilitate ...
Posted by Jagdeep Singh
on May 25, 2009
Concerns over the cost of living have led to a bunker mentality among Canadian consumers according to a recent Pollara Strategic Insights survey. The objective of the "Crisis Watch" tracking research was to gauge the attitudes of Canadians towards the financial and economic crisis and how those changes will affect consumer behaviour. Pollara conducted the online survey during the first week of March ...
Posted by Jagdeep Singh
on May 11, 2009
REALTORS® who deal in new home and condominium sales take heed: there are new provisions for registering vendors with Tarion Warranty Corporation. When a person purchases a new home from a builder, but never occupies it and then resells it, they are required to be registered with Tarion. Under Ontario's New Home Warranty Act anyone who sells a new house in Ontario without registering it with Tarion ...
Posted by Jagdeep Singh
on April 9, 2009
It is believed that criminals will find ways to conduct their activities no matter what. But I am a strong believer that we shouldn't make it easy for them. New law requires real estate agents to verify ID of buyers and sellers and track deposits. This is an excellent enhancement to existing procedures. Simply because, apart from other things, it enables you to know your client better. New federal ...
Posted by Jagdeep Singh
on February 11, 2009
2009 Canadian Federal Budget is out. Announced by the Federal Conservatives and Stephen Harper's minority government, we have all seen what the "Budget Fallout" has been. From the New Foundland Premier's comments about Prime Minister Stephen Harper, to the official opposition Liberal party leader Michael Ignatieff's press briefing and to NDP leader Jack Layton's allegation of Harper and Ignatieff's ...
Posted by Jagdeep Singh
on February 11, 2009