Federal Finance Minister, Jim Fleherty, annouced prudent changes to mortgage insurance rules intended to come into force on April 19th, 2010. CAAMP (Canadian Association Of Accredited Mortgage Professionals) was actively engaged in the discussions around these changes, which are as follows:
All borrowers must meet the standards for a five-year fixed rate mortgage even if you choose a mortgage ...
Posted by Martin Minda
on March 9, 2010
February Sales and Average Price Increase Annually
March 3, 2010 -- Greater Toronto REALTORS® reported 7,291 sales through the Multiple Listing Service® (MLS®) in February, representing a 77 per cent increase over February 2009. The average price for these transactions was up 19 per cent year-over-year to $431,509. Sales and average price increases represent both increased demand for ownership ...
Posted by Martin Minda
on March 5, 2010
On Thursday February 18th, the Century 21 Millennium team headed to the Toronto Congress Centre for this year’s CENTURY 21 Kick Off! This event always delivers a positive and wonderful learning experience year after year. The first part of the morning was all about Social Networking. Heather Angus-Lee, a former journalist, now blogger on Talk21 shared her knowledge about blogging, Facebook, ...
Posted by Martin Minda
on February 25, 2010
Century 21 Millennium was pleased to take part In Wasaga Beach's Snowmania event this weekend Feb.12-14th hosted at the Stonebridge Town Centre this Family Day Holiday weekend! This was our first event that we took part in at our future" New Office Location " which is quickly becoming the new town centre in Wasaga Beach . We are excited to be moving our office there in May to serve our community ...
Posted by Martin Minda
on February 16, 2010
A Channel News out of Barrie Ontario conducted an interview with one of our agents in Wasagag Beach. to see it please click http://connectpro91775482.acrobat.com/wasagabeachc21/
Posted by Martin Minda
on February 11, 2010
February 10, 2010, Vancouver
CENTURY 21 Canada launches Chinese language platform on Century21.ca
– Century21.ca is the first nationally-branded real estate website in Canada to enable property searches and listings in Chinese, in addition to English and French. Please click here
Posted by Martin Minda
on February 10, 2010
Resale housing forecast extended to 2011
OTTAWA – February 8, 2010 – The Canadian Real Estate Association has revised its forecast for home sales via the MLS® Systems of Canadian real estate boards in 2010, and extended the forecast to 2011. Please see here for full article
Posted by Martin Minda
on February 8, 2010
Sales Start Off Strong in 2010February 3, 2010 -- Greater Toronto REALTORS® reported 4,986 transactions through the Multiple Listing Service (MLS®) in January 2010. This result represented a large increase over the 2,670 sales in January 2009 when the home sales were in a recessionary trough. See details.
Click here for complete Market Watch. pdf
Posted by Martin Minda
on February 5, 2010
Today, Canadian Association of Accredited Mortgage Professionals (CAAMP) released a report entitled Revisiting the Mortgage Market – Risk is Small and Contained based on new research using data collected from its corporate members. The findings strongly suggest that Canadian mortgage lenders and borrowers are extremely prudent with their borrowing and lending. For full article please click here...
Posted by Martin Minda
on January 14, 2010
December 18, 2009 -- While low interest rates have enhanced affordability, they are only one factor contributing to the market’s strength. The steady stream of newcomers to the Greater Toronto Area, all of whom have housing needs, are another important factor says Tom Lebour the President of the Toronto Real Estate Board in his column in the Toronto Star. Please click here for full article...
Posted by Martin Minda
on December 23, 2009