June 3, 2010 -- Greater Toronto REALTORS® reported 9,470 sales through the Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In comparison to previous years, this was the third highest May sales result on record. ...
Posted by Martin Minda
on June 21, 2010
As we all know by now, the new HST (Harmonized Sales Tax) will be taking effect as of July 1st, 2010. But now purchasing a newly build second home will cost a lot more then it has in the past with the new tax. Any type of home purchased, for example cottages, weekend condo's etc will be subject to HST, which means ten of thousands of dollars will be added onto the cost of your second home. This ...
Posted by Martin Minda
on June 2, 2010
House prices in Canada will not be going down the same road as the U.S. style pricing.
Click here to view CREA's Housing Report.
Posted by Martin Minda
on June 2, 2010
May 5, 2010 --Greater Toronto REALTORS® reported 10,898 sales through the Multiple Listing Service® (MLS®) in April, representing a 34 per cent increase compared to April 2009. See details (pdf).
Click here for complete Market Watch
Posted by Martin Minda
on May 6, 2010
CENTURY 21 Millennium Inc is preparing for our move to a new and exciting location! The new office will be relocating to the Stonebridge Town Centre, which is conveiniently located at River Road West and Main Street in Wasaga Beach.
At Stonebridge Town Centre you can do it ALL! With such establishments as TD Canada Trust, Walmart, Travelworld, Boston Pizza and many many more, there ...
Posted by Martin Minda
on April 29, 2010
April 6, 2010 -- Greater Toronto REALTORS® reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 – the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948. See ...
Posted by Martin Minda
on April 6, 2010
Buying your first home is one of the most exciting things in people's lives and now with the interest rates as low as they are, going from a Renter to a First Time Home Owner is easier than it ever has been. Many financial instituatins are offering great incentives to First Time Home Buyers. One of these incentives is a cash back option that can be put towards a downpayment.
These ...
Posted by Martin Minda
on March 22, 2010
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 ...
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