ALEX & ANNA - WWW.TORONTOGREATHOMES.COM

Total sales for 2011 amounted to 89,347 – up four per cent in comparison to 2010, reported TREB.“Low borrowing costs kept buyers confident in their ability to comfortably cover their mortgage payments along with other major housing costs,” said TREB President Richard Silver. “If buyers had not been constrained by a shortage ...

Greater Toronto REALTORS® reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010. The average selling price for January 2011 sales was $427,037, representing an increase of over four per cent compared to the average of $409,058 reported ...

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 locks in for a full five years. But variable rates, tied to prime, have also continued to drop ...

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 out of the market. But the economic downturn changed all that. As housing prices ...

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 6,876 transactions that took place during the same period two years ago. In the City of Toronto, ...