Posts Tagged ‘real estate

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 […]

Has anyone heard of the consumer confidence surveys that are announced on new radio stations and written about in the business section of the newspaper? I used to think “who cares”. Is it a big deal if some consumer confidence survey says that people are more or less confident than they were 3 months ago? […]

The toronto real estate market has always been strong but now, with the addition of two projects currently under construction, those being the tower condominiums called Studio and Studio 2, the activity in the high-rise condos toronto area has become decidedly more lively and the sales are strong! Studio and Studio 2 are towering examples […]

One of the most sophisticated, diverse, eclectic, and vibrant cities in the world, Toronto is emerging as a leading center of commerce and finance, yet it remains one of the world’s most livable cities. Long before environmental concerns became Topic A in civic discourse, visionary Toronto city planners had launched urban redevelopment initiatives guided by […]

Many people use PropertySold.ca because they want to eliminate or reduce real estate agent fees. Some of our customers have used a real estate agent in the past, and some customers have never used a real estate agent. Let’s examine what a real estate agent will do in a residential transaction. For a buyer: If […]

You’ve heard it before. It’s all about the location. While that is true there are many other factors to consider when looking to buy a Toronto condo. Lifestyle is certainly an important consideration. If you want to be near the “bright lights” of the big city you may decide to shop around in the downtown […]

1. Get Cash Back From Your Agent When Buying Real estate agents who represent buyers have it easy. The agent representing the buyer receives the commission listed in the MLS listings (typically 2.5%). Or, if they have a buyer agency agreement, they receive the commission listed in the agreement (typically 2.5%). All the agent has […]

For sale by owner is the process of selling a home without using a real estate agent. In the private sales process, Sellers work to find a buyer for their home by marketing their own property. Home owners selling their own home because they want to take more control of the process and save thousands […]

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 […]

30 years ago North York Ontario was for the middle class Torontonians who wanted a small bungalow or split level detached home. Most of the homes in North York were originally built in the 50s as mass produces new homes for the parent of baby boomers. Parents with 3-5 children needed an affordable place to […]

Richmond Hill Ontario is a great community North of Toronto. Located North of highway 407, Richmond Hill is a very active real estate market for selling privately and selling with a real estate agent. Richmond Hill’s borders are Highway 7 to the South, Bathurst to the West, Highway 404 to the East and Bloomington Road […]

The Toronto Real Estate Board released their real estate statistics for July 2011. There were 7,922 homes sold in July. This was 23% more than July 2010. This shows that the real estate market in Toronto is continuing to be very healthy. Although, despite the large increase in July, since the beginning of 2011, total […]

When most people buy a home, they generally need to make compromises. Many people need to work within their budget and this forces them to decide between different neighbourhoods, different styles of homes, new kitchen, old kitchen, 3 bedrooms, 4 bedrooms. Unless you are a millionaire that can buy whatever you want, then you will […]

One of the most common Real Estate questions we receive at PropertySold.ca is “How can I sell my home myself and advertise on MLS.ca/Realtor.ca?”. This is a popular real estate question because home sellers want to be able to advertise their property on MLS.ca/Realtor.ca, but also save money. Many people these days want to do […]

A recent report in the Globe and Mail, by Real Estate Reporter, Steve Ladurantaye, claims that the Canadian Real Estate Association is preparing to allow access to their database containing sold prices and days on the market information. Does this means that Canadian will soon see “Zillow” type websites? Zillow is an American real estate […]

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 […]

There is a lot of discussion these days about home affordability, record high prices, asian buyers, sellers market, and multiple offers. Real estate, especially in Toronto, has always made headlines in the newspapers and on TV. But now as the average price for a detached home in Vancouver has eclipsed $1,000,000, and in Toronto $700,000, […]

There has been a lot of discussion lately about whether it is better to rent or buy. PropertySold.ca has written a few real estate blogs on the subject. The Globe and Mail’s Rob Carrick has written an article, plus a follow up article on the subject. It’s a popular topic. The Bank of Canada, in […]

The big day! If anyone has bought and sold a home on the same day, you probably do not remember specifically what happened, but you probably remember that it was stressful and a hassle. It involves real estate lawyers, banks releasing funds, registering mortgages, arranging insurance, picking up keys…and that’s just for the home. You […]

It has been a little more than 3 months since PropertySold.ca launched our new website, including Real Estate Agent listings and a MLS Flat Fee Package. We are glad to report that June listings will hit a new record! In addition to the real estate agent listings and For Sale By Owner listings, approximately 100 […]

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 […]

1st time home buyers are a very important factor in the housing market. As new buyers enter the market, it allows for other home owners to sell their property and “move up” into a larger home or “move down” into a smaller home. 1st time home buyers drive housing prices higher, allowing existing home sellers […]

Every year for the past 16 years, the average price for a home for sale in Toronto has increased. According to the Toronto Real Estate Board’s month report, the real estate market in Toronto has gone from an average price os $198,150 in 1996 to an average price of $431,463 in 2010, and an average […]

Why Home Sellers Want To Save Money: Real Estate home sellers have usually invested a lot of time and money into their home. After most people purchase a home, they want to complete renovations in order to upgrade their home. This is especially true in urban centres like Toronto, Etobicoke, North York, and Scarborough, where […]

When the competition bureau helped change the MLS rules back in 2010, they helped create a new opportunity for home sellers to sell privately and be advertised on MLS. PropertySold.ca created a MLS partnership with Real Estate Brokerages across Canada that allowed For Sale By Owner home sellers to advertise their property on Local Board […]

Propertysold.ca is Canada’s premier internet real estate company. Our websites show up at the top of search engines for thousands of real estate searches. Our 2010 top 5 North York searches were: North York Real Estate Houses for sale in north york Ontario Houses for sale in north york North york condos for sale North […]

North York is a great place to live! Close to highways (401, 400, 404) and located along the Yonge Subway line, North York has always had a great demand for real estate. On the Toronto Real Estate Board, North York is comprised of areas C6, C7, C14 and C15. 2010 was a great year for […]


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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.