March

March 26, 2012

Home prices up in February but gains slowing

The MLS® Home Price Index1, the leading measure of Canadian home prices, continued rising in February 2012, according to statistics released today by The Canadian Real Estate Association (CREA). Year-over-year comparisons continued shrinking, providing further evidence that Canadian home price […]
March 23, 2012

Re/Max predicts heated Spring Market

Canada’s housing market won’t be cooling down just yet, with a new report by Re/Max pointing to a growing number of bidding wars in markets across the country. The report found 12 of 15 of Canada’s major metropolitan centres reported […]
March 19, 2012

Buying a Home? The COST Is More Important Than the PRICE

We have often advised buyers to look at the COST of purchasing a house more than the PRICE of the home. Obviously, price is part of the cost equation. The other piece, assuming you are not an all cash buyer, […]
March 12, 2012

Weekly Sales Report – March 8, 2012

Market Statistics Region Area Sales Average Price Halton 130 $564,861 Peel 456 $432,492 Toronto 876 $566,984 York 441 $594,868 Durham 257 $331,179 Dufferin 14 $351,879 Simcoe 49 $329,495 Total 2,223 $510,953
March 12, 2012

Tight Market Pushes the Average Price above $500K

Greater Toronto REALTORS® reported 7,032 sales in February 2012 up 16 per cent compared to February 2011. New listings were also up over the same period, but by a lesser 11 per cent to 12,684. It is important to note […]
March 9, 2012

Low-rate Mortgage Wars are on

After a string of warnings from policymakers about the perilous state of household debt in this country, it hardly seemed like a good idea. But this week the big banks launched the latest round in the mortgage war, with Bank […]
March 8, 2012

Canadian Home Ownership gets more affordable…

Housing affordability improved in Canada during the last three months of 2011, Royal Bank of Canada said in a quarterly report Wednesday. RBC said the financial burden of owning a home declined for the second straight quarter in last year’s […]
March 2, 2012

Open House Saturday and Sunday 2-4 at 101 Kearney Drive

Pickering Village Family Home with Walkout basement (gorgeous In-law) and Heated Inground Pool. Check out the  complete Tour at www.ViewHomeTour.info.