MLS home sales break records
A trio of resale housing activity records fell at the end of June 2007 in Canada’s major markets, according to statistics released by The Canadian Real Estate Association.
In June 2007, a seasonally adjusted total of 31,300 homes traded hands via Board and Association MLS® systems in Canada’s major markets ““ up […]

Summer market begins with a bang
In June, the Toronto Area resale housing market was nearly 20 per cent more active than a year ago, Toronto Real Estate Board President Donald Bentley announced today. The 10,451 sales recorded in the month were also just shy of the 11,146 sales that made May TREB’s most active single […]

Hot real estate market confuses experts
Canadians’ seemingly endless appetite for buying and selling houses will continue the resale market’s “astounding momentum” from the second quarter through the end of the year, according to a report released today. “Canada’s resale housing market finished the second quarter on strong and steady footing, surprising many by its astounding […]

Glossary of Real Estate Terms
Please note that the following definitions are not legal definitions, they are simply provided for your understanding of what may be involved in a house purchase.
Agreement of Purchase and Sale (APS) The APS is a legal agreement that offers a certain price for a home. The offer may be firm (no conditions […]

Real estate company web sites and the obituaries
When I read the paper I always take a peek at the obituaries. Just checking to see if I am listed. Recently I got to thinking about how similar the obituary section of the paper is to real estate company web sites.
Real estate company websites usually include a […]

On MLS.ca, a million bucks ain’t what it was
This week, real estate database called MLS.ca, a fascinating social barometer, made a 10-fold increase for the maximum price in its search field, to $10 million.
No longer is the mystical “unlimited” that occupies the final line on the pop-down menu preceded by the rather humdrum figure of […]

Your Needs and Wants
A good place to start your search is with a detailed ‘wish list’ for your new home - a comparison of your wants or wishes and your needs. For example:

Needs
near schools
four bedrooms
vattached garage
close to bus route
large garden

Wants
swimming pool
horse facilities
three car garage
view of the lake
south-facing yard

Include the type of housing - detached home […]

Home Sellers’ FAQs

Can I cancel my listing at any time?No. The Listing Contract is between you and the Brokerage and is intended to create legal and binding obligations on both parties. If you have concerns, they should be discussed with your Realtor or their Broker.
After my listing expires, how long do I have to wait […]

How to find (or not) the right agent for you
What is the best way to find an agent and know that he or she is the right one for you? Good question.
For starters, let’s look at how buyers find agents much of the time. They’re scanning the paper or surfing the Internet and spot an […]

Latest Housing Outlook shows easing of price pressures in Toronto and Ottawa
The pace of increasing housing prices in Ontario will ease in 2007, but the provincial market will remain strong and provide good opportunities for first-time homebuyers, according to a report issued today by Genworth Financial Canada, The Homeownership Company, a subsidiary of Genworth Financial, […]