Browse by Tags
All Tags »
Announcements (RSS)
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the effective lower bound for that rate. The Bank Rate is correspondingly lowered
Read More...
In March 2009 Toronto Real Estate Board reported 6,171 sales – down seven per cent from March 2008, representing the smallest year-over-year decline in the last five months. The average price for March transactions was $362,052 – down less
Read More...
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3/4 per cent. The
Read More...
Yesterday's federal budget has several incentives for home buyers & home owners as well: 1.Home Buyers Plan - 1st time homebuyers can now withdraw $25,000 from their RRSPs without any penalty or taxes. This has been increased from the previous
Read More...
Total residential sales for the year 2008 were 74,552 as reported by Toronto Real Estate Board. This is down from the previous year's total of 93,193 is 2007 and 83,084 recorded in 2006. The average price in 2008 averaged $379,347 as compared to $376,236
Read More...
TREB Members saw 9,411 sales of single family dwellings in May, TREB President Maureen O’Neill announced today. “While off last year’s pace, a 9,000 plus sales month is certainly indicative of a healthy market,” said the President.
Read More...
Moderate sales and healthy price increases continued to characterize the GreaterToronto Area resale housing market during the first half of May,With 4,422 sales throughout the GTA in the first two weeks of this month, activity has declined 12 per cent
Read More...