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The Neighbourhood is an Extention of Your Home

Feb 26, 2010 13:57 -

For so many, arriving home at the end of the day is like the calm after the storm.
That welcoming feeling is warm and comfortable, like a sunbeam focused on your very own driveway.
The last few minutes of your drive, through the familiar streets of your neighbourhood can either be the start of your relaxation or [...]

Home Sales in Toronto Are Strong

Feb 22, 2010 13:01 -

The Toronto Real Estate Board (TREB) released its figures for January recently, and overall they paint a very positive picture.
Sales are up 87% from a year before, with 4,986 homes exchanging hands in January 2010. This is comparison to January 2009, when only 2,670 sales were completed.
The president of the board, Tom Lebour, said, “The [...]

Small Condos Rise in Popularity

Feb 21, 2010 14:10 -

It is not really news that condos in Canada’s downtown urban areas are often bought by young, single professionals. City councils in several cities have struggled to persuade developers to add multi-family units to their buildings. And the developers point out that families don’t want condos.
The problem with marketing condos almost exclusively to young professionals [...]

Dealing with Changes in the Housing Market

Feb 19, 2010 9:43 -

With new mortgage rules taking effect on April 19th, 2010, homebuyers are now faced with the problem of coming up with more money for their down payment, among other changes being made.
What is to come after these rules take effect should be the rise of interest rates, and if inflation continues to rise in the [...]

Dealing with Future Changes

Feb 19, 2010 8:35 -

With the change coming to the housing market, home buyers might begin to find themselves looking at less expensive houses in order to purchase a home according to the new rules.
What might happen as we are nearing the period when interest rates rise, we will see Canadians stretching their budget; however what happens is that [...]

Are Baby Boomers Fueling a Hidden Housing Bubble?

Feb 18, 2010 15:29 -

Although the general consensus is that Canada is not experiencing a housing bubble – at least, not yet – there are still some concerns that the market will get overheated in the next few months.
There are the standard concerns, such as the various legislative changes that affect the real estate market in Canada. For instance, [...]

Resale Market Dips Slightly from December

Feb 17, 2010 15:41 -

As if to help support talk that the housing market in Canada is not overheating, the CREA released data today that suggests that the home resales pace across the country is moderating. In January 2010, the number of seasonally adjusted resales dropped nearly 3% from the previous month.
Sales were up 58% from January 2009, but [...]

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