Tag Archives: Real Estate

The power of twitter! I was running low on ideas to post on this blog and while researching through different articles about what I thought were possible suspects for a topic, I came across an article on how to leverage twitter to help you do more with less. One of the suggestions were to leverage it as a think tank; …

TORONTO, March 19, 2009 – Greater Toronto REALTORS® announced 2,565 transactions inthe first half of March compared to 3,183 during the same period last year. The annual rate ofMLS® sales decline was the smallest in five months.Mid-month March MLS® sales increased compared to the 2,044 sales experienced in the firsthalf of February. MLS® sales follow a recurring seasonal trend, with …

Entry-level purchasers are now the engine driving home-buying activity in almost every major centre in Canada, according to a recent report released by RE/MAX. The 2009 RE/MAX First-Time Buyers Report, highlighting first-time buying activity in 32 residential housing markets across Canada, found that improved affordability is prompting many first-time buyers to get off the fence, out of the rental, and …

Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to6,015 sales recorded in February 2008. The average home price was $361,305 last monthcompared to $382,048 during the same month last year.“A considerable number of transactions continued to take place in February 2009. Motivatedbuyers and sellers, who were aware that market conditions changed over the past few months,were …

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 …

TORONTO, January 19, 2009 – Greater Toronto REALTORS® reported 888 sales during the first half of January compared to 1,776 in the first 15 days of 2008. “According to Statistics Canada the economic situation throughout Canada changed noticeably over the past year with job losses in the fourth quarter of 2008. Toronto is not immune to this, the GTA housing …

Dear Blog Reader, Welcome to 2009! A new year brings with it a great holiday season, family, friends, treats, turkey and a new year’s resolution. Keeping resolutions is something that the best of us struggle with so we’ve dedicated our Monthly Item of Value (IOV) for January to keeping on track with your resolution. We’ve also included a worksheet for …

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 …

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 …

Mississauga, ON (December 3, 2008) ?? Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres during the latter half of 2008. Although the forecast for 2009 promises more of the same, most markets are expected toweather the storm, says RE/MAX.The RE/MAX Housing Market Outlook for 2009 examined residential real estate trends in 22markets across …