October Toronto Real Estate Board statistics in a nutshell,
the latest sales figures for October, prices down 4% in October compared to September, unheard of that the price falls in October, first time in 13 years
sales volumes down 35% during same period
even though 905 price drops are larger than average, it seems the local market is […]

The Bank of Canada cut the policy rate by 75 basis points in October but stated that “some further monetary policy stimulus will likely be required” to keep inflation on target, meaning another 25 basis-point cut in the policy rate to 2% is likely before year-end.
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Interest Rates
Power of Sale Properties
Price Trends
or Search […]

This is what the Toronto Real Estate Board reported for the October salesMore Than 5,000 Sales In October
November 5, 2008 — TREB Members reported 5,155 sales in October, down 35 per cent from the 7,915 sales reported in October of 2007, and also down 25 per cent from the 6,876 sales reported during October […]

This is the market report from the Toronto Real Estate Board for November 2008
GTA Resale Housing Market Continues to Reflect Economic Times
TORONTO, November 5, 2008 — The Greater Toronto Area resale housing market reported 5,155 sales in October, Toronto Real Estate Board President Maureen O’Neill announced today.
This represents a 35 per cent decline from […]

These are a couple of questions with answers that someone recently asked me regarding POS and foreclosure properties.
Hi Mark,

What are your requirements for the down payment for the purchase of any property listed in the Power of Sale? what is the minimum downpayment the you require?

What is the difference between the properties […]

The table below shows you the current posted and achievable mortgage interest rates in Mississauga and the GTA.

TERM
POSTED
AchievableRATES*

6 Month
6.20%
6.20%

1 Year
6.35%
4.35%

2 Year
6.70%
5.35%

3 Year
7.05%
5.49%

4 Year
7.04%
5.69%

5 Year
7.20%
5.59%

7 Year
7.65%
6.20%

10 Year
8.00%
6.40%

Variable Rate
4.75%

Prime Rate
4.00%

Rates Last Updated: Thursday, October 30, 2008
If you would like to get in contact with a mortgage person that I know who can get you […]

Hello,
This is my first video post. I just made it this afternoon on our boat. A student from Sheridan College asked me to answer a couple of questions about first time buyers and whether they should be buying a property.
I am sure I will look back at this video and laugh, but what the […]

Hello,
The mortgage market has changed dramatically, due to the financial turmoil.
Hopefully we can get through it in near future.

Please see the following up-to-date rates.

5-year closed fixed rate: 5%-4.95%, depends on mortgage amount. With big amount, it might be even lower.

Variable rate 5 year closed: Prime rate (4%).

For those of you who would like […]

Please be very careful if you are thinking of renting a property through Craigslist or Kijiji. There are some fraudsters out there preying on people who are thinking of renting. If it seems just too good to be true, it likely is.
One method of checking if the property you are thinking of renting is too […]

I’ve figured out that my blogger labels continue to give errors in my google webmaster tools under sitemaps and broken links. the reason is that labels with spaces are not indexed properly, I knew this from a long time ago, but overlooked this with blogger, hense all y problems. the only rational solution is to […]