Posts Tagged ‘sales

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 […]

Today, the Canadian Mortgage and Housing Corporation released their financial information. There were legally required to do so. This is progress! Canadians should be proud that we now have this level of statistics from Canada’s largest insurer of home mortgages and home equity lines of credit. Here are some highlights: – HELOCS has dropped by […]

Toronto could easily earn the nickname “Condo City”, or perhaps “The Crane Capital of North America”. Currently there are 280 new condo developments being marketed in Toronto. Whichever area of the city you live in, you will see cranes and new condo developments. North York, Downtown Toronto, Scarborough, Vaughan, Markham…they all have new condo developments. […]

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 […]

Marking the second straight month of declining sales, Vancouver home sales figures for June fell 30% below comparable numbers for June, 2009. Even with the decline, the nearly 3000 sales make it the second busiest June on record. The decline did not surprise most analysts, who had predicted the over-heated market would cool as interest […]


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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.