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Tag Archives: Market Value

The Canadian Housing Market, May 2013 Results

Investment in New Housing Breaking an upward trend, investments made in new housing developments fell short $90,300 in May, as opposed to the preceding 4-months on the rise. Dwellings considered in this report include: singles, doubles, rows, and apartments. Investments in single units suffered the largest loss in May, down $76,268. Luckily, a substantial jump was seen in rowhouse (+$15,479) ... Read More »

Building Permits Up 8.6% in March

Earlier this month, Statistics Canada revealed that there was $6.5-billion in building permits issued in March, equating to a 8.6% growth from the previous month. This marks the third consecutive month building permit values have risen, and once again the non-residential sector is responsible for the bulk of the gain. Total value of permits (Stats Can.) Non-Residential Building Permits On ... Read More »

How to Battle Growing Home Insurance Premiums

Over the last few weeks, the Globe and Mail’s Rob Carrick has written many articles about the increased insurance premiums home owners face year after year. After looking at these articles’ statistics, his argument for government oversight and regulation seems highly agreeable. Currently, Canadians are faced with a 19% increase on home insurance on a year-over-year basis. As Annie Marie ... Read More »

First Quarter 2013 – Property Values on the Rise

First Quarter TorontoMLS Results (2013) As of March 2013, the TorontoMLS reported that there had been a total of 7,765  property transactions in the month of March, a figure 17% below March of 2012.  Taking a look back over the last few months, Toronto has seen a 14% decrease in transactions during the first quarter compared to last year.  What ... Read More »

One Hyde Park: Taking a Look at One of the World’s Wealthiest Buildings

London’s One Hyde Park is the most affluent residence in the world.  Its iconic architecture was designed by Rogers Sterk Harbour and Partners, a world-renowned design firm recognized for their prestige and elegance.  Designed in four pavilions, the location of One Hyde Park combines the natural beauty of Old England with the convenience of modern cosmopolitan only footsteps away. Design ... Read More »

Investment Picks of the day – October 13, 2010

We only have one property to review today. Do check the video out and let us know what your thoughts are. Read More »

Testimonial – Laura and Sylvain

I had the opportunity to met a wonderful couple at one of our open house who were looking to purchase their first home.  We had a lovely conversation about the property which they really liked and they ended up purchasing it from our sellers.   Following are their kind words that they expressed relating to our service. Hi Addy;I wanted to ... Read More »

GTA REALTORS® REPORTING MARCH MID-MONTH HOUSING STATISTICS

TORONTO, MARCH 17, 2010 – Greater Toronto REALTORS® reported 4,353 sales through the Multiple Listing Service® (MLS®) during the first two weeks of March.  This represented a 70 per cent increase compared to the 2,562 sales recorded during the same period in 2009 when resale transactions had dipped markedly due to the recession. The mid-month sales total was also 16 ... Read More »

House market expected to accelerate in 2010, RE/MAX

Housing performance expected to accelerate in 2010,as economic stability returns to Canadian markets, says RE/MAX Fifteen markets to set new records for average price in 2009 In the midst of one of the most tumultuous economic periods in recent history, residential real estate has proven to be a safe harbour, with sales and average price expected to post gains in ... Read More »

GTA REALTORS® Report Mid-Month Resale Housing Market Figures

TORONTO, November 18, 2009 – In the first two weeks of November, Greater Toronto REALTORS® reported 3,666 sales – up 84 per cent compared to the first two weeks of November 2008. The average price for these transactions was up 10 per cent year-overyear to $415,066. Increased interest in ownership housing has been widespread throughout the GTA and across all ... Read More »