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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. GTA REALTORS Report December Mid-Month Resale Housing Market Figures
20 December 09 02:14 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Greater Toronto REALTORS reported 3,079 existing home transactions in the first two weeks of December compared to 1,487 in 2008. The strong growth represents both increased home ownership demand and the fact that we are comparing the recovery phase of Read More...
Toronto Real Estate Market Sets Records in early May 2009
21 May 09 12:35 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
There are more signs of stabilization in the local real estate market. Interest rates are at a record low for a five-year, fixed-term mortgage, still the most popular product among homeowners. Some banks are offering rates as low as 3.75%, if the buyer 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 CONDO MARKET UPDATE
01 April 09 01:07 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
While much of the North American housing market has taken a hit over the last year, one market is showing promise for home buyers - the Toronto condominium market. While TheStar.com reports that overall Canadian starts are on the decline for their sixth 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...
Toronto real estate. NEW MORTGAGE RULES
04 August 08 01:24 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
According new mortgage rules now mortgages with 40-year amortizations and zero-down options are no longer being offered by most of Canada's major lenders. The Canadian government recently announced changes to insured mortgages that will see the maximum 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. Real estate market news. LUXURY HOMES; INTEREST RATE
05 September 07 06:00 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Luxury home sales across the country have been "unprecedented" over the first seven months of this year.. The strong market for luxury property echoes what is going on in the overall resale market which is on pace for a record year, according 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...
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