Posts Tagged ‘sold homes

The new mortgage rules just announced, state that the new maximum amortization will be 30 years, instead of 35 years. What does this mean for affordability and home prices in Canada Example: Let’s take an example of a family that makes $100,000 a year and has a $30,000 down payment. When they purchase a […]

The Toronto Real Estate Board just released their 2010 Real Estate Statistics. In 2010 there were 86,170 homes sold, which is down by 1% compared to 87,308 sold in 2009. The average price for a home in the Greater Toronto Area in 2010 was $431,463. This was up by 9% compared to 2009 when the […]


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.