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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...
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. GTA home sales up 64%, prices up 20%
10 November 09 01:29 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
GTA home sales skyrocketed 64%, with gains at every price point, says the Toronto Real Estate Board. Nearly 8,500 homes were sold, up 64% from last October, with the average price at $423,559 - up by 20% compared to the same month last year. “It 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...
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...
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...

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