Share 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 [...]
Share Ottawa’s tighter mortgage rules, with a new harmonized sales tax in Ontario and impending rate increases should slow the Canadian housing market in the second half of the year, taking away any fears of a housing bubble notes analysts. The Canadian Real Estate Association (CREA) reported Wednesday that resale home sales across Canada dropped [...]
