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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...
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. 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...
ATTENTION, BUYERS! HOME PRICES FALL
17 November 08 08:23 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
The ease with which a Canadian could sell a home tightened up sharply last month, as the global financial crisis sapped consumer confidence and economic growth slowed. Reflecting this, Canada's costliest cities for housing have suffered significant Read More...
Canada is not headed for a U.S.-style housing meltdown
27 October 08 05:07 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
The drop in Canadian home prices in September may not be as severe as it seemed, TD Securities said on Wednesday, bolstering the case that the country is not headed for a U.S.-style housing meltdown. TD, a unit of Toronto-Dominion Bank argued in a report 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...
Ontario real estate. First-time buyers of resale homes to benefit from new tax measure
18 December 07 06:31 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
The McGuinty government is giving all first-time homebuyers a break on land transfer tax by proposing to expand the Land Transfer Tax Refund Program to include purchases of resale homes, Finance Minister Dwight Duncan announced today.“Expanding 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...
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...
Toronto real estate. HOME ENERGY EVALUATION SHOULD BE MANDATORY
28 July 07 06:59 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Every Canadian home should have a mandatory energy evaluation before it can be put on the market, says a Toronto real-estate broker who is setting up a national green real-estate association. "Within five years, we hope to have mandatory energy audits Read More...

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You decided to buy a house in Greater Toronto Area. The first thing you need is information. Anything you can find - articles, listings, market trends. The website http://www.torontogreathomes.com and this blog is exactly what you are looking for - great source of information! You are welcome to read and search. If you have any questions and concerns, please, fell free to contact me - Alexandre Malkhassiants, Sales Representative with Right at Home Realty Inc., Brokerage. Office: (416) 391-3232 Cell: (416) 723-9383 E-mail: amalkhass@rogers.com Web site: www.torontogreathomes.com