The average price for a single family home in the GTA has remained relatively unchanged. January gave us a decline followed by an upswing in February of 5.14%. March continues the movement upward, if even slightly. This spring is a buyers market as they have come out with a swell in number of 6,171 sales, down only slightly from last March numbers of 6,631. Entry level homes are showing ...
Posted by Robert Atkinson
on April 29, 2009
Bank of Canada dropped the prime lending rate 0.25% and the banks followed. Further assurances were given that the rates are expected to remain low into 2010.
Prices have become more affordable and we are seeing an increase in home sales above what is typical of the spring market. This means that 'serious' buyers are moving fast to scoop the better homes as soon as they hit the market, ...
Posted by Robert Atkinson
on April 23, 2009