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Toronto’s Condo performance is solid
Condominium sales increase in 30 per cent of GTA districts, while 87 per cent post gains in average price over 2007
Showing remarkable resilience in a complex real estate environment, sales of condominium apartments, town homes, and lofts moved ahead of 2007 levels in 30 per cent (18/60) of districts examined in the GTA this year, […]
New listings surpass 80,000
Homes listed for sale across Canada set all-time record in July
The number of new listings of existing houses for sale surpassed 80,000 for the first time ever in July and sales activity fell, making the market more favourable for buyers and less so for sellers, the Canadian Real Estate Association said today.
The nationwide Multiple […]
Who says you own your house?
Teranet does!
Teranet is an ‘Income Trust’ that operates the electronic Land Registry system in Ontario, by authority of the Provincial Government and holds a monopoly on recording real estate transactions in Ontario that lasts through 2017. Teranet takes a share of the fee every time a house changes hands in the province. Last year, […]
Downturn in commercial real estate
Investment in Canadian commercial real estate declined sharply in the first half of 2008 and investment for the year as a whole is expected to be considerably lower than last year’s record level, says a mid-2008 report on the investment market by CB Richard Ellis Limited. The report says that in the first six months […]
What makes a house sell?
A successful sale requires that you concentrate on six considerations: your asking price, your terms of sale, the condition of your house, its location, its accessibility, and the extent of marketing exposure your house receives. While some of these factors are beyond your control, you can compensate by taking advantage of others (like a new […]
U.S. home sales rise in July
The trade association for real estate agents in the United States says sales of existing homes rose 3.1 per cent in July as buyers snapped up deeply discounted properties in parts of the country hit hardest by the housing bust.
The National Association of Realtors reported sales rose to a seasonally adjusted annual rate of five […]
Smaller condos making a mark
Boutique builders offer unique features and detailing
Ask most people what they see when they think of a condominium and they’ll describe a soaring steel and glass tower rising into the sky above a vibrant city. But Roland Rom Colthoff and Richard Witt of Toronto’s Raw Design have a different vision. Theirs is of smaller structures, […]
Monopoly Here and Now
Three Canadian cities to be featured on latest Monopoly game
Monopoly’s boardwalk stroll is now a hike up Mount Royal, and getting from jail to free parking means a trip through Canada’s financial capital and Stanley Park. Hasbro Inc., announced Wednesday that Montreal, Vancouver and Toronto would be among the 22 cities included in Monopoly Here […]
Is Toronto’s condo boom is over?
New condos are still shooting up to crowd the Toronto skyline, but behind the scenes the condo boom times are ending, a new report predicts. “We’re expecting a slowdown in 2009,” said Jane Renwick, editor and vice-president of Urbanation, a market research company.
“So we would say that we were at 22,000 [condo] sales at the […]
Toronto Real Estate Board reports:
GTA Resale Housing Remains Stable in August
The Greater Toronto Area (GTA) resale housing market remained stable throughout the first half of this month, Toronto Real Estate Board President (TREB) Maureen O’Neill announced today. “We’re continuing to see consistent levels with respect to sales volumes and prices,” said Ms. O’Neill. “While the numbers are more conservative […]



