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 7,922 transactions through the TorontoMLS® system in July 2011, representing a 23% increase over July 2010. Total sales through the first seven months of this year amounted to 55,863 – down by 1.3% compared to the same period in 2010. After adjusting for seasonal fluctuations, the July figure ...

Construction starts of housing in GTA expected to increase in 2012 after recording a decrease this year.This year, the expected decrease is being blamed on continued strong competition from the resale market and elevated multi-family housing inventories.  The number of sales and the average selling price reported by Greater Toronto ...

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 ...

Sales of houses on Toronto MLS are down on a year-over-year basis, which isn’t a surprise. The decline was predicted. Each says last year’s sales were higher than expected because many buyers were brought into the market before the threat of higher fixed mortgage rates became a reality this year, skewing sales figures, thus the large ...

Canadian homeowners are in the best shape when it comes to financial fitness, according to a survey conducted by Genworth Financial Mortgage Insurance Company Canada. The survey found 65% of homeowners pay off their credit card balances in full each month compared to 48% of non-homeowners. Those more likely to pay off their credit card balance ...

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 ...

      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 straight month according to ...

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 of transactions continued to take place in February 2009. Motivated buyers and sellers, who ...