TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR APRIL 2010
April Experiences Record Number of Buyers and Sellers
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. There were also 20,683 new listings in April – a 59 per cent annual increase. ...
Posted by Sara Kareer
on May 6, 2010
The following is an article that appeared in the National Post on Friday, April 30, 2010; written by Lee Greenberg, Canwest News Service:
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Ontario to begin phasing in HST tomorrow
In a move that will surprise many, Ontario consumers will get a taste of the province's new Harmonized Sales Tax (HST) beginning tomorrow, two full ...
Posted by Sara Kareer
on May 1, 2010
Record First Quarter Sales 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.
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Posted by Sara Kareer
on April 15, 2010
Two surveys commissioned by the Bank of Montreal, BMO Financial Group and Royal Bank of Canada (RBC) show that despite being worried about rising prices and interest rates, many Canadians are planning on entering the housing market.
According to the BMO survey conducted by Harris-Decima, rising housing prices have encouraged first-time homebuyers to buy homes sooner, with one-third ...
Posted by Sara Kareer
on April 13, 2010
How much is your Family's Health worth? This allergy-friendly Brampton home by Intracorp in the Castles Development will provide relief to your family all-year-round!
Welcome to 105 Bloomsbury Avenue, Brampton, ON
Located in a prestigious Castlemore community, this exquisite property is simply unforgettable. This stunning 5 Bedroom, 5 Washroom home is situated on an unbelievable Premium ...
Posted by Sara Kareer
on March 29, 2010
Brampton's historic downtown has undergone many recent changes and Blade Condos, located at 45 Railroad Street, is at the heart of it all.
Here you are literally just steps from the Brampton GO and VIA Station. This new Condo will be surrounded by nice older homes on mature tree-lined streets and minutes from an array of international restaurants, grocery stores and fine shopping.
Catch ...
Posted by Sara Kareer
on March 20, 2010
Welcome to 63 Springhurst Avenue, Brampton, Ontario
This lovely 3 Bedroom, 3 Washroom detached home with a Finished Basement is located in a family-friendly neighbourhood within walking distance to Schools and Park. Shopping, GO Transit, and Highways are just a few short minutes away.
The cozy Open Concept Living/Dining Room has wood flooring and a window seat. ...
Posted by Sara Kareer
on March 15, 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 housing and the base year effect, which involves a comparison ...
Posted by Sara Kareer
on March 3, 2010
New research data collected by the Canadian Association of Accredited Mortgage Professionals (CAAMP) suggests that Canadian mortgage lenders and borrowers, including first time homebuyers, are being extremely prudent with their borrowing and lending.
Key findings of CAAMP’s research include:
• Eighty-six per cent of homebuyers chose fixed rate mortgages. This share fell late ...
Posted by Sara Kareer
on February 23, 2010
The new mortgage changes, announced yesterday by Finance Minister Jim Flaherty, will take effect on April 19, 2010. These new changes are designed to support the long-term stability of Canada's housing market and continue to encourage home ownership for Canadians.
Here is a recap of the announcement:
1: Higher Qualification Rate: Given the fact that interest rates are at all time lows, it has been ...
Posted by Sara Kareer
on February 17, 2010