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GTA Home Sales Break February Record As New Mortgage Regulations Take Effect

Thursday Mar 10th, 2016

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GTA HOME SALES BREAK FEBRUARY RECORD As New Mortgage Regulations Take Effect Purchasing a home in Canada just got more expensive for certain buyers as new mortgage down payment rules came into effect halfway through February. However, a record number of homes still changed hands that month across the Greater Toronto Area. A total of 7,621 home sales were registered through the Toronto Real Estate Board's MLS System in February, a 21.1% increase over the same month in 2015,... [read more]

Pre-Construction Condos: Should You Use A Realtor?

Tuesday Jul 12th, 2016

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PRE-CONSTRUCTION CONDOS: SHOULD YOU USE A REALTOR? Should you use a realtor when buying a new pre-construction condo? The answer for this is a definite YES. Toronto Realtor Matt Smith, who specializes in helping buyers navigate through the complicated process of buying new condos, has shared with me the many pitfalls and disadvantages of buyers going at it alone when dealing with the builders' sales staff. Above all else, realize that the builder's sales team works for... [read more]

Toronto is Now Canada's Hottest Real Estate Market

Sunday Sep 18th, 2016

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TORONTO IS NOW CANADA'S HOTTEST REAL ESTATE MARKET Toronto and Vancouver are two of Canada's biggest cities, and also the countries two hottest real estate markets. But according to an economist at TD Bank, the Toronto market is now out-scorching the Vancouver market. As TD Bank's Diana Petramala says in the Globe and Mail the average price of a home in Toronto is up 18% since last year and we hit record sales in August. "Toronto's appreciation in average home... [read more]

Rogers Family & Mississauga to Host 10-Tower Condo Project

Wednesday Sep 28th, 2016

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ROGERS FAMILY & MISSISSAUGA TO HOST 10-TOWER CONDO PROJECT A parcel of land bought in the 1960s by Ted Rogers in farm country at the western edge of what is now downtown Mississauga is to be transformed into a 10-tower condo development hailed as a fitting tribute to the telecom pioneer who passed away in 2008. Rogers Real Estate Development Limited, a private holding company owned by the Rogers Family, along with Mississauga Mayor Bonnie Crombie on Tuesday unveiled a... [read more]

Toronto home-price downturn? Not in these neighbourhoods.

Friday Aug 25th, 2017

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TORONTO HOME-PRICE DOWNTURN? NOT IN THESE NEIGHBOURHOODS Janet McFarland, The Globe and Mail Image courtesty of: beintoronto.com Toronto's housing downturn is not being felt equally across the region, with many neighbourhoods still seeing the prices of detached houses climb even while the average price falls across the Greater Toronto Area. A new report by Re/Max Integra shows that 40% of 65 districts within the Toronto Real Estate Board recorded detached house price... [read more]

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