July 13th, 2009
IMMIGRANTS DRIVE GTA AND CONDO SALES
A recent study by Scotiabank says that new immigrants will be an important driver of the housing industry, particularly in cities such as Toronto. The study was based on information from the MOST RECENT CENSUS in 2006 which is just now getting released! And it is now appearing in newspapers.
What’s [...]
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July 13th, 2009
BUYING NEW VS RE-SALE
Here are some pros and cons to consider when deciding whether you want to purchase new construction, or a resale that has already been lived in :
PRO’S CON’S
NEW: Ontario New Home Warranty Plan buying from a floor plan
moving into a brand new home waiting one to five years
choosing your own finishes [...]
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Tags: BUYING NEW VS RE-SALE
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July 10th, 2009
TORONTO HAS RECORD SALES FOR JUNE
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July 9th, 2009
In the midst of a global recession, the average national price of resale homes in Canada hit a record level in May, and sales activity increased for the fourth straight month
The Canadian Real Estate Association reported this week that the average national resale home price in May reached a record $319,757, up a tick from [...]
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Posted in Toronto Real Estate Forcast | No Comments »
July 6th, 2009
Nearly 11,000 homes sold last month, signalling the return of a sellers’ market in Greater Toronto.
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July 3rd, 2009
London on the Esplanade
The London on the Esplanade which was developed by Cityzen, is the hottest new condo in downtown Toronto. The London has exceeded the expectations of many owners who LOVE the west facing view’s and are impressed with the room sizes.
London on the Esplanade Residents that have already moved into the east [...]
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Tags: London on the Esplanade
Posted in Toronto New Developments Almost Finished | No Comments »
July 2nd, 2009
GTA Resale Housing Sales Up 19 Per Cent in the First Half
of June
TORONTO, June 17, 2009
- Greater Toronto REALTORS® reported 5,185 transactions in the
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July 2nd, 2009
Changes Proposed for HST on New Housing
June 19, 2009 — The provincial government has announced some proposed changes to the way it would apply the proposed Harmonized Sales Tax (HST) to the purchase price of newly constructed housing. The provincial government has also announced proposed transitional details for newly constructed properties.
Background
The provincial government has announced [...]
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Posted in Government Taxes or Policies | 5 Comments »
