Posts Tagged ‘estate

Everyone has their budget for buying their next home. This “budget” starts out at an amount that the buyers know they can comfortably afford. Then buyers typically end up putting in offers for the maximum that they can afford, and eventually they end up buying the home for much more than they can afford, and […]

You might have to accept apologies on this blog post because it might see somewhat like a rant. But seriously, how much money should Canadians be expected to pay for a home? How much debt should a family take on in order to have a home in a good neighbourhood in Toronto. Perhaps some people […]

The average price for a home for sale in Toronto in June 2011 was $476,371. This might seen unattainable to the average home buyer, because a 5% down payment would be $23,000 and the mortgage amount would be $453,000. Plus the buyer of Real Estate in Toronto would need to pay two Land Transfer taxes, […]

The Greater Toronto Area has completed another spectacular month of real estate. June’s results show that their are no signs of a real estate slowdown on the horizon. There was a 21% increase in the number of homes old in June, compared to June 2010. Home prices also jumped by 9.5%. For the first 6 […]

Selling a home is a big decision. It’s a dramatic change in anyone’s life. Once you have decided to sell, the big question is usually “how much money will I take home”. However, before we get to that questions, let’s examine where you can advertise your home for sale in Canada. Internet: The internet is […]

It’s the Stanley Cup Finals. The Vancouver Canucks are facing the Boston Bruins. A Canadian team vs. an American team. As these 2 teams battle for hockey supremacy, it’s a good time to look at the real estate markets in the cities of Vancouver and Boston. Vancouver – The most expensive city. The average family […]

Like we previously mentioned, it is very hard to predict when a bubble will burst. The housing market in Canada may or may not be in a real estate bubble. If so, it might never “burst” or it might simply drop to the highs of a few years ago. The most drastic scenario is that […]

More and more people are speculating that we are in the midst of a Toronto Real Estate Bubble. In Toronto, the MLS average house price has been increasing for the past 14 years, and 2011 is no exception. Over these 14 years, the average price has gone from $198K to $457K. A rising average house […]

There is a very “unpolitically correct” quote in the real estate comedy movie called The Money Pit. Tom Hank’s character asks his real estate agent “why would somebody sell a million dollar home for $200,000″. The real estate agent’s response is “Who knows. Divorce, loan sharks, sudden death…the point is that you can benefit from […]

To become a Real Estate Agent in Ontario you must take courses and meet a few requirements. https://www.youtube.com/watch?v=1JV1wvfLpTI The Ontario Real Estate Association offers the courses. According to their website you first have these qualifications: 1. You have to an Ontario Secondary School Diploma or equivalent; OR 2. You must be at least 18 years […]

PropertySold.ca is growing our team! We are hiring 2 new real estate sales representatives in the Greater Toronto Area (Toronto East and Toronto West). PropertySold.ca is looking for people who are positive, enthusiastic, love real estate, and love helping people. If you have these qualities and want to start a new career and grow along […]


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Canada Real Estate News

Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.