Today saw the release of the Canadian Mortgage and Housing Corporation’s Housing Market Outlook (First Quarter 2012). Overall the CMHC is predicting that Canada with see two steady years in the housing market. The report points to low mortgage rates, increased migration, and lower unemployment rates in both 2012 and…
Archives for 2012
Shopping For A New Home? Start with this basic property wish list
February 10, 2012 by Leave a Comment
When starting to shop for your new home it’s always helpful to start with a basic list of things that you would love to have. As you go through the shopping experience expect that this list will undoubtedly change; you’ll exchange some of your old wish list items with new…
CMHC: January 2012 Housing Starts
February 9, 2012 by Leave a Comment
Yesterday saw the release of Canada Mortgage and Housing Corporation’s January 2012 Housing Starts report. According to the data, housing construction in Toronto has carried its strength from 2011 into 2012, with the seasonally adjusted annual rate of total housing starts increasing to 46,700 units in January. The overall numbers…
A Photographic History of Toronto: City of Toronto’s Photostream on Flickr
February 8, 2012 by Leave a Comment
Not long ago I posted a blog with pictures of the CN Tower under construction. While searching for the pictures I stumbled across numerous other photos of the city at various points in history that are truly fantastic. Like this one of the Royal York, complete with a blimp in…
MLS Introduces Home Price Index: January 2012 Report
February 7, 2012 by Leave a Comment
The Toronto Real Estate Board and CREA (along with 4 other major Canadian real estate boards) released a new report yesterday called the Home Price Index. It’s kind of like the real estate world’s version of the Consumer Price Index (CPI). It is meant to provide information in a clearer…
February 6th 1973: The day they started building the CN Tower
February 6, 2012 by Leave a Comment
On this date in 1973 construction began on the CN Tower. The massive excavations required for the foundation began; 56,000 tonnes of dirt and shale were removed and replaced with approximately 7,000 cubic metres of concrete, 450 tonnes of rebar and 36 tonnes of steel cable. Four months later the…
GTA REALTORS® Release January 2012 Market Figures
February 3, 2012 by Leave a Comment
TREB has released the figures for January 2012, and the numbers show a 8.8% increase in sales and an almost 9% increase in average selling price over January 2011. Check out the full report below. TORONTO, February 3, 2012 — Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system…
Getting Yourself Ready For The Move: Three Weeks until Moving Day Checklist
February 3, 2012 by Leave a Comment
For most, moving can be an extremely stressful time and the best way to help things go smoothly is to plan ahead. Procrastination may work for you at certain times, but moving is certainly not the time to discover how you react to leaving things until last minute! Often you…
The Homeowner’s Maintenance Schedule
February 2, 2012 by Leave a Comment
Inspecting and maintaining your home is one of the best ways to protect the money you’ve invested in it and with springtime right around the corner (that is if you choose to listen to Wiarton Willie!) it’s a good time to start thinking about what you should be doing to…
Mortgage Terminology: The Basics Explained
February 1, 2012 by Leave a Comment
Choosing a mortgage can, to say the least, be confusing. Understanding the basic terminology can make understanding your options and lot less frustrating. Below you’ll find a list of basic terminology that I hope will help alleviate a little of the frustration when it comes time to financing your new…