Toronto real estate market news & info
A Scotia Economics report says Canada’s housing market is cooling, but at a slower pace than most other markets in the developed world. Scotiabank’s latest real-estate outlook said Tuesday that Canada is showing a resilience that few other countries have been able to maintain. “In the majority of the major markets we track in North… Read More
This four bedroom family home is situated in a fab Swansea location close to Grenadier Pond, Rennie Park & High Park. There have been many recent improvements including: a renovated dream kitchen with granite counters, tumbled marble backsplash, centre island/breakfast bar, stainless steel appliances and large eating area; a walk-out from the kitchen to a large covered… Read More
From early 2009 until early this year, the real estate market in Toronto (and in Canada generally) was very strong. Interest rates were at all time record low levels and the economy was improving, albeit rather slowly. There were warnings (sometimes quite shrill) about the likelihood that real estate prices would fall, both because interest… Read More
With Canadian interest rates now on hold for some time to come, the government may move to tighten mortgage rules again to keep the already hot housing market from bubbling over, says the chief economist of Canada’s biggest bank. “As we go forward in an environment of lower rates for longer now, we may see… Read More
A community consultation meeting to discuss a proposal to build a 25- and 30-storey condo and 14 townhouses on Southport Street will likely proceed the night of Oct. 5 with extended community notification.Etobicoke York Community Council this week endorsed a city staff recommendation to schedule the meeting for lands at 34-50 Southport St. Click here… Read More
After much soul-searching and working the numbers, you’ve decided to put your home on the market. You may be selling to change cities for a job or are needing to downsize. Regardless of the reason, this is a big and important decision! Now the time has come: you have received an offer on your home…. Read More
Termites are causing an estimated $120 million in property damage each year in the GTA by eating through wood structures and dropping neighbourhood property values by up to 25%, according to the Canadian Concrete Masonry Producers Association. Citywide, the infestation has made its way from the north Beach area to East York, along the Lakeshore… Read More
Canadian home buyers want smaller homes with multipurpose rooms and energy saving features, but don’t take away that two-car garage. These were some of the tips that members of the Canadian Home Builders’ Association recently heard from Tim Bailey, general manager of Avid Canada, a research and consulting firm. Bailey presented some results from an annual… Read More
Open houses will lead to more exposure for your home and more feedback from potential buyers. On the other hand, since we have so much information available to buyers on the Internet, such as video tours of the entire home, wouldn’t it make more sense to wait for a truly interested buyer to schedule a… Read More
Wanting to buy a home and deciding to buy a home are two different things. The first is a desire or a dream. The second is commitment to achieve the goal. Do you want to buy, or have you decided to buy? What are you planning when you think of purchasing real estate, whether it’s a… Read More
