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Toronto real estate. CANADIANS AND HOME OWNERSHIP
28 July 10 01:09 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Canadian homeowners are in the best shape when it comes to financial fitness, according to a survey conducted by Genworth Financial Mortgage Insurance Company Canada. The survey found 65% of homeowners pay off their credit card balances in full each month Read More...
Toronto real estate, MORTGAGE RATE GOES UP AGAIN
26 April 10 04:10 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 1 Comments   
R oyal Bank of Canada, the country’s largest bank, is leading the way on another round of mortgage-rate hikes , boosting borrowing costs in April for the third time in recent weeks. The rate on a five-year closed mortgage is now 6.25 per cent, an Read More...
MORTGAGE NEWS. February 2010
23 February 10 01:10 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 1 Comments   
The average Canadian's debt-to-income ratio amounted to 145% after the home prices hiked five times, the average persons' after-tax income. The report from Vanier Institute said that the mortgage arrears were up by 50%, although the absolute number Read More...
Toronto real estate. TORONTO REAL ESTATE MARKET CONTINUE TO SURPRISE
27 November 09 12:23 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 1 Comments   
Toronto housing starts have risen for three months in a row, CMHC says in a report released this week. The seasonally adjusted annual rate of total housing starts rose 13% in October from the month prior, Canada Mortgage and Housing Corp. says, to a total Read More...
Toronto real estate: Interest rates to remain at historic lows
26 October 09 03:21 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Interest rates will likely stay at their current historic lows through June 2010 in an effort to meet the Bank of Canada's inflation target of two per cent, says governor Mark Carney. Speaking to CTV's Question Period Sunday, Carney confirmed Read More...
Canada housing more affordable than ever
20 April 09 03:14 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
The global economic downturn is a mixed blessing for home buyers - if you're lucky enough to hang on to your job, you should be in a much better position to buy a house, according to a report released Thursday by RBC Economics. "Declining consumer Read More...
NOW IS A GREAT TIME FOR 1 ST-TIME TORONTO AND GTA BUYERS
14 April 09 07:07 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
When the Toronto and GTA housing market was hot, bidding wars forced many buyers to put in offers without conditions to increase their chances of being accepted. This, combined with unprecedented increases in home prices, scared many first-time buyers Read More...
Toronto real estate. 4,120 Resale Housing Transactions in February
09 March 09 03:07 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to 6,015 sales recorded in February 2008. The average home price was $361,305 last month compared to $382,048 during the same month last year. “A considerable number Read More...
GREATER TORONTO AREA HOUSING MARKET UPDATE
03 December 08 02:17 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 1 Comments   
The Greater Toronto Area resale housing market reported 5,155 sales in October, Toronto Real Estate Board President Maureen O’Neill announced. This represents a 35% decline from the 7,915 sales reported in October 2007 and a 25% decrease from the Read More...
WILL US MARKET CRUNCH AFFECT CANADIAN REAL ESTATE MARKET?
18 January 08 08:44 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
The market crisis along the south border has many homebuyers wondering how it will affect the housing market in Canada, but Canadian market analysts feel the problems the U.S. is experiencing should have little impact on real estate in this country. Canada Read More...
Toronto real estate. TORONTO IS A CONDO CITY!
23 November 07 10:19 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 2 Comments   
Toronto has solidified its spot as North America’s largest condominium market, according to a report that says 259 projects are in the works in the city’s census area. Urbanation, one of the country’s major condominium market research Read More...
Toronto real estate. BE AWARE - NEW LAND TRANSFER TAX IN TORONTO!
26 October 07 06:26 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Real estate buyers and sellers looking to hold onto their last dollar may be rushing to buy or sell their home before the new land transfer tax comes into effect at the end of this year. The controversial tax, passed in a 26-19 vote by city council on Read More...
TORONTO REAL ESTATE. NEW HOMES MARKET IN FALL
12 September 07 01:40 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Sales of new homes in the Toronto area remain healthy, but that isn’t being reflected in current housing starts, according to Canada Mortgage and Housing Corp. Starts edged down in August to a seasonally adjusted and annualized 32,000 from 35,100 Read More...
Markham real estate. NEW 3-Story Townhouse For Sale in Cornell!
15 August 07 08:36 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
BRAND NEW TOWNHOUSE IN MARKHAM • 1,725 sq. ft., 3 bath, 4 bdrm 3 story "Townhouse" - - Price negotiable! Cornell, Markham - BRAND NEW TOWNHOUSE, NEVER LIVED IN! Only $337,000 4Br or 3 Brs + 2nd fl Open concept Family Room - Easy to covert Read More...
Toronto real estate. YONGE STREET ROCKS!
09 August 07 12:18 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Average detached home prices in north central Toronto, particularly along the Yonge Street corridor, nudged above the million-dollar mark in the first half of 2007, according to Toronto Real Estate Board. The area - which encompasses such tony neighbourhoods Read More...

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