Archive for the 'Buying in Toronto' Category
Toronto Real Estate Board: February Housing Market Charts
March 4th, 2010 categories: Buying in Toronto, Real Estate, Selling in Toronto, Toronto
Here are the latest Housing Market Charts from the Toronto Real Estate Board. Seems that the lack of product has been forcing the prices to rise…
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Toronto Real Estate: Cabbagetown Detached with Double Garage.
February 28th, 2010 categories: Buying in Toronto, Cabbagetown, Downtown Toronto, Real Estate, Toronto
This great Cabbagetown listing is now $999,000. Own one of the few Detached Homes in Cabbagetown with a double car garage. It is a great opportunity and open today between 2-4 PM.
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Downtown Toronto Condominium at Carlton and Jarvis Streets.
February 25th, 2010 categories: Around TORONTO, Buying in Toronto, Condominium, Listings, Real Estate, Toronto
Excellent space and value for a Downtown Toronto Condominium. 1142 Square Feet 2 bedroom, 2 bathroom with great views. Asking $369,000! Open by appointment!
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Greater Toronto Area REALTORS® Report Mid-February Figures
February 18th, 2010 categories: Around TORONTO, Buying in Toronto, Selling in Toronto, Toronto
TORONTO, February 18, 2010 — Greater Toronto REALTORS reported 3,555 sales through the Multiple Listing Service during the first two weeks of February. This represented a 74 per cent increase compared to the 2,044 sales recorded during the same period in 2009 when resale transactions had dipped due to the recession. The February mid-month sales total was also 7.7 per cent above the previous high set in 2006.
“Home ownership demand remains strong in the GTA, as households remain confident that economic recovery is at hand and that ownership housing will continue to be a quality long-term investment,” said Toronto Real Estate Board President Tom Lebour . Read the rest of this entry »
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Toronto Real Estate: High Park Penthouse Steps to Subway
February 15th, 2010 categories: Around TORONTO, Buying in Toronto, Condominium, Photos, Toronto
I have just listed this amazing opportunity to live within steps from High Park and the Bloor Subway. It is a 3 Bedroom, 3.5 Bathroom Condominium over 1846 Square Feet with a large Terrace, Vaulted Ceilings, Skylights, Hardwood Floors and Custom Finishes throughout. Check out the Video below and come to the Open House either Tuesday, February 16th, 11:30-1:00 or February 20 & 21 from 2-4 PM at 32 Gothic Avenue #7. Asking $949,000!
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The Canadian Real Estate Market: Consumer confidence in Canada ends on a stronger footing in 2009
January 24th, 2010 categories: Business, Buying in Toronto, Economy, Real Estate
Below is a great article from the Canadian Real Estate Association about the levels in Consumer Confidence as one moves across Canada:
National consumer confidence ended the year 2009 on a stronger footing compared to pre-recession levels, despite having edged down slightly the fourth quarter compared to the third quarter. According to the Conference Board of Canada’s index of consumer confidence, confidence eased slightly in the fourth quarter for the first time in three quarterly periods. The decrease in confidence reflects weakening sentiment about making major purchases. Read the rest of this entry »
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Canadian Real Estate Association – 2009 Resale Housing Market Ends On a High Note.
January 20th, 2010 categories: Business, Buying in Toronto, Lifestyle, Real Estate, Toronto
Existing home sales activity reached the highest level ever for the month of December, according to statistics released by The Canadian Real Estate Association . Strong demand in the second half of 2009, especially in the fourth quarter, pushed annual sales above 2008 levels.
Residential sales activity via the Multiple Listing Service® (MLS®) of Canadian real estate boards numbered 27,744 units in December 2009. This stands 72 per cent above activity in December 2008, when activity dropped to the lowest level in a decade. New records for the month of December were reported in Ontario, Quebec, Saskatchewan, New Brunswick, and Newfoundland & Labrador. Read the rest of this entry »
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Toronto Real Estate Board Releases Housing Market Graphs for December 2009
January 7th, 2010 categories: Buying in Toronto, Economy, Listings, Real Estate, Selling in Toronto
The Toronto Real Estate Board has released it’s most recent Housing Market Graphs. Of note, is the last page which notes that over the past couple of years, affordability has increased in the Greater Toronto Area. This would account to the strong market we have been having despite the world-wide economic downturn. I always find these housing charts a great read as they compare the last three years and help to add some perspective that month by month statistics cannot.
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GREATER TORONTO REALTORS® REPORT DECEMBER SALES
January 6th, 2010 categories: Around TORONTO, Buying in Toronto, Downtown Toronto, Real Estate, Toronto
January 6, 2010 — Greater Toronto REALTORS® reported 87,308 MLS® transactions in 2009 – a 17 per cent increase over 2008. This result included 5,541 sales in December. The 2009 result was in line with the healthy levels of sales experienced between 2004 and 2006, but lower than the record of 93,193 set in 2007.
“After a slow start to the year, existing home sales rebounded during the second half of 2009,” said Toronto Real Estate Board President Tom Lebour. “As consumer confidence improved, many households moved to take advantage of affordable home ownership opportunities in the Greater Toronto Area. The strong residential real estate sector was a key contributor to overall economic recovery in Canada.” Read the rest of this entry »
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Real Estate: Downsizing with Style and Grace: Part Three
January 4th, 2010 categories: Buying in Toronto, Downsizing, Downtown Toronto, Lifestyle, Real Estate, Selling in Toronto
The Reality of “Rightsizing”
There are times when “Downsizing or Rightsizing” becomes a must and not an option. Sadly, the topic is often controversial with the person needing to “Rightsize”. The process means a lack of independence, and many will fight any suggestion to move to a more accommodating living space.
We live in a City where there are very few spaces, other than apartments, that can allow one to live on one floor. Bungalows only exist in certain areas and those are still mostly accessible by climbing stairs. Staying in your home also means having to maintain gardens, snow removal, and routine maintenance. Read the rest of this entry »
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