Newsflash

• March 2012 MLS Sales and Price up

  Apr 4, 2012 - Toronto MLS home Sales up 8%, Average Price up 10%. Solid, affordable market challenged by not enough listings. See Market Conditions

   

• RBC Economic Market Outlook Positive
  Mar 20, 2012 - The global economic pendulum swings back towards growth. Cries of double dip recession, so loud just 6 months age, have been replaced by cautious optimism. See Market Conditions

   

• Toronto Edges into a Seller's Market
  Jun 3, 2011 - GTA Resale home prices increase while sales and listings drop. Solid market to continue. See Market Conditions VIDEO

   

• 2011 Housing Market Outlook
  March 22, 2011 - Good basis for steady growth. See the latest video presentation of the 2011/2012 Toronto Housing Market Outlook. Click Market Conditions

   

• Sustained Growth for Canada's Economy
  March 11, 2011 - RBC Economics outlook calls for sustained above-average growth for Canada and the world economy is in the midst of a sustained economic upturn. See Market Conditions

   

• Canadians Confident About Buying a Home
  March 2011 - RBC reports show Canadians confident about  home ownership and affordability costs dip slightly for two quarters  - See Market Conditions

   

• 2011 Economy and Equities Market Outlook
  Predictions by BMO, JPMorgan  - See Market Conditions

   

• CMHC 2011 Housing Forecast for Toronto
  Dec 4, 2010 - See Market Conditions

   

• Housing Affordability Improved and Price Appreciation Solid for GTA
  Nov 29, 2010 - RBC's latest report notes a stable market. See Market Conditions

   

• Fixed Rate or Variable Rate Mortgage
  Nov 26, 2010 - Fixed Rate has very slight edge for 1st time in a long while. Mortgage Smarts

   

• Condos Sales Reach New Heights in GTA
  Nov 22, 2010 - the total of 4,535 new homes and new condos sold in October is the best October result since 2000.  See Housing Stats

   

• CMHC Forecasts 2011 Canada Housing Starts and Home Sales to be Stable
  Nov 16, 2010 - See Market Conditions

   

• Canada Homes Sales Improves in October 2010
  Nov 15, 2010 - National resale housing rose for the 3rd month in October while average home price remained roughly even.  See Housing Stats

   

• Canadian Housing Pricy, Not Dicey
   Nov 5, 2010 - BMO's latest research says no housing bubble in Canada. It casts doubt on a recent survey by The Economist which claims that housing in 16 of 21 countries are overvalued by more than 10%. Read more.

   

• October 2010 GTA Homes Sales Results
  Nov 3, 2010 - GTA home sales volume on the MLS® for October 2010  is down 21% compared with a year earlier, while average price increased 5% to $443,729 relative to Oct 2009. Home price in 2011 could increase moderately.  See Housing Stats

   

• Fixed or Variable Rate Mortgage?
  Oct 21, 2010 - Should you choose to go with a Fixed or Variable rate mortgage? Take a look at what CIBC's economist says in Mortgage Smarts

   

• Warren Buffett says No Double Dip
  Sep 13, 2010 - Warren Buffett Rules out Double-Dip Recession - Bloomburg News quoted the most successful investor in the world today: "We will not have a double-dip recession at all. I see our businesses coming back almost across the board."

   

• How Much Will Mortgage Rates Increase?
  April 10, 2010 - Everyone knows the cost of buying a home will increase later this year because bank rates will increase and Ontario will introduce the HST tax. Analysts predict rates to start rising by June or July, and expect the increase to total 2.75% to 3% by the end of next year. See details.

   

• Commercial Real Estate Bounces Back 46%
  Oct. 19, 2009, Globe and Mail - Canada's commercial real estate in Toronto has ended an 18-month slump and other urban centres are showing signs of renewed activity that suggest the sector has de-coupled from its troubled U.S. counterpart.

   

• Job Market Bounces Back
  Globe & Mail, Oct 9, 2009,  - Canadian employers added to payrolls for the second month in a row, creating a better-than-expected 30,600 jobs last month and sending the jobless rate down in a sign the country's labour market is recuperating.

   
• CANADA REAL ESTATE RECESSION OVER AS PRICES RECOVER

  Canadian Press, Sept 25, 2009 - House hunters still waiting for prices to drop further before buying may have sat on the sidelines too long, according to a new report.

  A Re/Max study released Thursday shows home values in some major markets across Canada have recovered to levels where they were before the recent market drop.

   

• Canada Home Sales Brightest Light in Economy

  TREB Sep 3, 2009 - August resale numbers continued the positive trend set in July with sales and average prices up, year over year. 2009 has thus far continued to surprise market watchers.