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Tag Archives: Home

2,670 Transactions Reported in January

TREB Members reported 2,670 sales in January from the 5,075 sales reported in the first month of 2008. Of these, 1,106 transactions took place in the City of Toronto compared to 2,128 in January 2008. In the surrounding “905” area, 1,564 sales were recorded, from 2,947 last year. The GTA housing market has not been immune to the economic slowdown …

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Greater Toronto Home Resales at 1,500 in Mid December

TORONTO, December 17, 2008 — Greater Toronto REALTORS® reported 1,487 resale transactions during the first half of December, from 2,868 sales recorded in the same period a year ago, Toronto Real Estate Board President Maureen O’Neill announced today. The average price of a home in the Greater Toronto Area is currently $360,652. This compares to an average of $404,707 recorded …

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Market Watch – November 2008

Commentary regarding November 2008 Quick Stats: 2008 2007 % Change Number of Active Listings 27,037 18,309 + 48% New Listings this month 9,925 10,692 – 7% Sales this month 3,640 7,313 – 50% Average Days on Market 41 32 + 28 Average Price $368,582 $393,747 – 6.4% List Price vs. Sales Ratio 96% 98% – 2% Months of Inventory 7.43 …

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Resale Housing Market Still Healthy, Experts Say at Toronto Real Estate Board Meeting

October 28, 2008 — More than 1,100 Greater Toronto REALTORS® gathered to hear Canada’s top experts talk about the future of the housing market at the Toronto Real Estate Board’s 88th Annual General Meeting October 27th. The following panelists covered a range of topics on the future of real estate: Don Lawby, President and Chief Operating OfficerCentury 21 Canada Limited …

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Pick of the week!

So here’s our pick of the week: Property is located in Newmarket, ON and is perfect for an investor. The property is currently listed for $265,000 and has a LEGAL basement apartment. Here is the math: Purchase price: $265,000Down payment: $53,000 Monthly Payment: $1,203.71Property Taxes: $ 213.29 You can rent the property out for: Basement: $700 (1 Bedroom can be …

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When is a good time to buy a property during a down market?

I get the question alot, “When’s a good time to buy real estate?” and frankly, my answer always is whenever you’re ready! This answer is usually met with a smirk which reads more like, “I was expecting you to say that since you make a living through purchase and sale!” There is no way anyone can predict when the market …

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Your tools: Safe and sound

(NC)—One of the major elements in the successful performance of work around the home, both inside and outside, is the proper choice and use of tools. In this respect, the seal of the Canadian Standards Association is a reference, because it indicates that the tools bearing the seal respect the Canadian Standards of manufacturing and safety, and are equipped with …

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A healthy home is a happy home

(NC)—Our home is our safe-haven. It is where we go to feel secure and protected, and the materials we choose to build our home play an important role in ensuring our continued sense of security. Masonry homes are widely recognized for providing exceptional health and safety advantages, such as superior sound insulation, maintaining indoor air quality, and mould resistance. Sound …

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Pick of the week!

We’re starting a new program where we will pick listings that we think are great buys based on the following criteria 1. Properties that are in a great area to be in2. Properties that are priced at Market value (This is usually tricky in market conditions as market value keeps changing but we will try to stay current)3. Properties that …

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The new face of www.HeyAddy.com

We’ve been working on a new website for the past couple of months and we’re happy to report that the new website is now ready and is being launched to the world wide inter web. Following is a comparison between the two websites visually. Old website New website There are some very noticable features that I’d like to point out …

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