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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. THINGS ARE DIFFICULT BUT BETTER THAN IN US
09 February 09 02:35 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Gloomy economic predictions are making us a lot more depressed than we need to be. That's a view expressed by several policy analysts in the latest issue of Policy Options, a Montreal-based journal.With so much attention in Canada paid to American Read More...
GTA REAL ESTATE MARKET UPDATE FOR DECEMBER 2009
31 January 09 08:37 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
TREB Members reported 2,577 sales in December 2008, compared to the 4,646 recorded during the same month in 2007, and the 4,447 recorded in December 2006, TREB President Maureen O’Neill announced today. “Sales for the whole of 2008 were 74,552, 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...
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. BMO WAIVED BANK CHARGES FOR FIVE YEARS
24 September 07 07:15 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Hats off to the Bank of Montreal for starting a practice that all financial institutions should have in place, and could even improve upon. BMO has announced that prospective homebuyers who take out a five-year fixed-rate mortgage and existing homeowners Read More...

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