Richard Silver

Archive for October, 2009

The Toronto Real Estate Board releases Economic Commentaries for September 2009.

The Toronto Real Estate Board has released Economic Commentaries dealing with Canadian Composite Index of Leading Indicators for September, 2009. Canadian Leading Indicators September2009View more documents from Richard Silver. Continue Reading...

Toronto Real Estate Board Releases Affordability Charts

Prices have risen in the Greater Toronto Area, however the cost of home ownership has dropped. This recent chart from the Toronto Real Estate Board shows how increased incomes and historically low interest rates have made home ownership more affordable. I think this bodes well for the Canadian economy: Renters who become Owners renovate, buy new furniture and appliances, adding related spending and stimulating the economy. Related Posts: Canadian Real Estate: Lack of Inventory Puts Upward Pressure on Pricing. Canadian Real Estate Association Releases New...Continue Reading...

Canadian Real Estate: Lack of Inventory Puts Upward Pressure on Pricing.

Here are some important statistics that were made available by the Canadian Real Estate Association that highlight housing inventory for sale in Canada, Ontario and within the Toronto Real Estate Board. These figures point to a distinct lack of inventory at present in all areas but especially in the Greater Toronto Area. It makes it a great time for Sellers to sell but conversely difficult for Buyers to find property. Hopefully this will loosen up over the next few months but...Continue Reading...

Canadian Real Estate Association Releases New Update

Here is the latest market report from the Canadian Real Estate Association. Take a look at the highlighted portion below as it points to a striking lack of inventory for Purchasers...but means it is a great time for Sellers to put their homes on the market. From my understanding, in a "Normal" market the inventory is about six months. OTTAWA – October 15th, 2009 – National resale housing activity climbed to the highest level of any third quarter on record. Actual (not...Continue Reading...

Toronto Real Estate Board: Upcoming Social Media Primer November 19th, 2009

Date: Thursday, November 19, 2009 Time: 9:30 am - 12:30 pm Location: Toronto Real Estate Board's Auditorium # of CE credits: 3 Cost: $42.00 (GST included)   As Social Media and Networking become more popular, many REALTORS® are jumping on the bandwagon, writing Blogs, Twittering, and appearing on LinkedIn, and Facebook. This class will ask some basic questions that need to be addressed before heading down this road on the Information Highway; then the class will move down the road and discuss the most popular options.  ...Continue Reading...

Toronto Real Estate Board Housing Market Charts for September 2009

Here is lots of good information to help put the Toronto Real Estate Market in context: Sales are up and listings are down which makes it a good time to list properties for sale. Toronto Real Estate Board Housing Market Charts September 2009View more documents from Richard Silver.Continue Reading...

TORONTO REALTORS® REPORTING SEPTEMBER RESALE MARKET FIGURES

TORONTO, October 5, 2009 - In September 2009, Greater Toronto REALTORS® reported 8,196 sales, up 28 per cent from September 2008. The average price for Septembertransactions was $406,877 – up by 10 per cent compared to the same month last year. "We have experienced an increasing rate of existing home price growth in the GTA as sales have continued to outpace 2008 results," said TREB President Tom Lebour. "Consumers have remained confident in ownership housing as a long-term investment." Year-to-date sales, at...Continue Reading...

Toronto: Cabbagetown’s Nuit Blanche, Saturday October 3rd, 2009

Click on Full to view and press "Esc" to minimize. Cabbagetown Nuit Blanche MapView more documents from Richard Silver.Here is your map for Cabbagetown Nuit Blanche! This Saturday Oct. 3 from dusk (8:00) till dawn For one sleepless night, experience Cabbagetown transformed by 14 artists. Discover art in parks, alleyways, on streets, in parking lots and unexpected places. One night only. All night long. * Ride the “Paint Bike” down a 40’ canvas * Kissing robots * Dance * Watch Magic Lantern shows * Experience your human energy field * Interactive...Continue Reading...