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…
Trump International Hotel & Tower Toronto: January 31, 2012 Grand Opening
January 31, 2012 by Leave a Comment
Earlier this month Forbes Travel Guide put the Trump International Hotel & Tower Toronto on their 10 Most Anticipated Hotel Openings of 2012. The newest addition to Toronto’s hotel industry is part of this exclusive group that includes locations such as the W Paris -Opera, the Conrad New York, the…
5 reasons why the housing market won’t crash | CanadianBusiness.com
January 30, 2012 by Leave a Comment
From fundamental structural differences between the US and Canada to large regional real estate differences here in Canada, the following article by Larry MacDonald published by CanadianBusiness.com gives 5 sound reasons why our housing market won’t crash. Check it out. 5 reasons why the housing market won’t crash By Larry…
TREB: Tightening market will mean higher prices
January 27, 2012 by Leave a Comment
The article below is the TREB President’s Column that appears every Friday in the Toronto Sun’s Resale Homes and Condos section. This weeks article explains how the MOI indicator, Months of Inventory indicator that was recently introduced, reflects current market conditions and what expectations can be for the year ahead….
Tips For Staging Your Kitchen
January 26, 2012 by Leave a Comment
Staging your home for selling is a balance between costs and results. When deciding where to spend your time and money you should most definitely put the kitchen on the list. Arguably kitchen design, improvement and cleanliness contribute more to the resale value of your home more than the rest…