October 25, 2011

Bank of Canada in holding Pattern

While the Bank of Canada left its key interest rate unchanged at 1%, its much more dovish statement got all the attention. Not only did the central bank signal that it isn’t thinking of hiking rates anytime soon, it appears […]
October 21, 2011

What First – The House or the Mortgage ??

Most people get it backwards. They shop for a home, THEN, they try to structure the financing for it. They make the emotional decision of buying the home of their dreams, THEN, try to apply logic in how they pay […]
October 20, 2011

Mid-Month Resale Home Figures Still Strong

  Toronto, October 20, 2011 Greater Toronto REALTORS® reported 3,477 transactions through the TorontoMLS® system during the first 14 days of October 2011. This total represented a 20 per cent increase over 2,890 sales reported during the first two weeks […]
October 14, 2011

Home building booms again

The Canadian housing market continues to defy the odds in the face of a world economic slowdown, as new statistics from Canada Mortgage and Housing Corp. show new home construction soaring again. The latest numbers put September starts at 205,900 […]
October 7, 2011

Is now the Best Time to Refinance ????

To refinance or not to refinance: That is the question among millions of homeowners.  Interest rates are low, and might continue to be that way well into next year.  It might be difficult to project when rates might increase, as […]
October 5, 2011

September Rounds out a Strong Third Quarter!!!

October 5, 2011 — Greater Toronto REALTORS® reported 7,658 transactions through the TorontoMLS® system in September a 25 per cent increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing a 2.6 per cent […]