Posts Tagged ‘home

There were two articles in the Globe and Mail newspaper recently discussing the Baby Boom Generation. One was an article by Rob Carrick. Rob discusses the size of the Baby Boom Generation (born in the years 1946 and 1965), plus their affect on the housing market. The other article was written by Chris Atchison. Chris […]

So the stock market has dropped by 10% this year. The interest rate on a GIC is 1-2%. But housing prices increased by 10% in September. The Toronto real estate board just reported that the amount of sold homes increased by 25% in September and the average price increased by 10%. Wow! This is great […]

70% of Canadians own their home. They might have a large mortgage on the property, but they still own the title and all the rights that come along with home ownership. Why do Canadians have a passion for home ownership? Other countries do not share this passion. Many countries in Europe have a home ownership […]

Brampton and Mississauga are located in Peel Region. Combined, they would be the 3rd largest city in Canada, behind Toronto and Vancouver. Both Mississauga and Brampton are unique in Canada and perhaps unique in North America. Mississauga, once a commuter city adjacent to Toronto, is now a large city unto itself. Mississauga now has a […]

The Bank of Canada decided not to raise interest rates on Tuesday. They kept their overnight rate at 1%. On Wednesday the BoC spoke more about the state of the Canadian economy. The newspapers and economist dissected the works of Mark Carney and determined that he removed the word “eventually” from his comments about when […]

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, […]

Toronto can easily be described as a “commuter city”. More than 5 million people a day make their way to work. Many people work in down town Toronto, but live in the suburb. Travelling for 2 hours a day is routine for many people living in Toronto. Toronto East: Oshawa, Ajax, Pickering, Whitby, and Scarborough […]

Everyone wants to know “how much is my home worth?”. Everyone also thinks that they know “how much their home is worth”. But when it comes to selling a home, it is better to look from the buyer’s point of view and ask the question “how much would I pay to buy that home?”. Home […]

“How do I buy a home in Canada” might seem like a silly question, but if you are a first time home buyer, this is where you start. Of course, if you have never bought a home before, the process may seem like a mystery. Here are a few steps to take to buy a […]

Perhaps you have seen the newspaper ads or the internet banners that say “Foreclosure Properties”, “Power of sales in Canada”, or “buy distressed properties”…perhaps if you “sign up” or “provide your contact information”, you will get access to thousands of powers of sales and get “great deals”? If you see these ads, we suggest that […]

It seems like everyone is curious about real estate. Specifically everyone wants to know the selling price of the home up the street . Home owners, sellers and buyers are all interested in this information because home values affect all the other values of homes in the neighbourhood (Home values are usually based on comparing […]

This real estate video discusses 6 steps to help buyers improve their credit score in order to make sure that they are able to obtain financing for their mortgage at a low rate. Often buyers with poor credit scores will be required to pay a higher interest rate on a mortgage. Here are 6 tips […]

There are 2 very popular Free Online Classified websites in Canada. They are Kijiji and Craigslist. Both of these websites allow sellers to post any item (car, hockey cards, bikes, homes) on their website for free. We encourage our sellers to post their home for sale on Kijiji and Craigslist and PropertySold.ca even includes an […]

PropertySold.ca and our in house mortgage agent, Abraham Niyazi discuss “how to get the lowest mortgage rate in Canada”. Abraham talks about different strategies to save you money when you buy a home in Canada. Buyers can choose to go to one bank and get a mortgage quote. This can involve a credit check done […]

We have had a fast correction in real estate in Canada. No evidence that we are going to have the collapse currently going on in the United States. Canada is currently running at record low interest rates so everyone needs to pay attention to interest rate announcements before contemplating a new home purchase. Happy house […]

Selling your own home using the for sale by owner method is a great money saving idea. Unfortunately, as with any medium that allows for email communication there are scammers who will attempt to pray upon your eagerness to sell. When putting your house up for sale on the internet you need to be aware […]

With a little time and effort, marketing your private home sale using classified advertising can be very successful. The use of an online property profile at a high traffic real estate listing website combined with either a newspaper or online classified ad can improve exposure to your sale tremendously. In any real estate marketing plan […]


//

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.