By: theBB.group

Uptrend Intact for Toronto Real Estate Market

Tags: Housing Market, Real Estate, Selling a House

Toronto, Ontario - February 04, 2012 - There were 4,567 Toronto & GTA Residential properties sold via the Toronto Real Estate Board MLS® for the month of January, 2012, 8.8% higher than the same month last year. The average sale price this January was $463,534, up 8.87% over the January, 2011 average.Specifically, detached home in the 416 area code rose 15% year-over-year to an average of...Read More

By: theBB.group

GTA Realtors Report January, 2012 Mid-Month Resale Housing Market Figures

Tags: Home Sales Stats, Realtors, Toronto and GTA House Sales Stats

TORONTO, January 17, 2012 - Greater Toronto Area Realtors reported 1,506 sales through the Toronto MLS system during the first two weeks of January 2012. This result represented a six per cent increase compared to the first 14 days of January 2011. New listings were also up on a year-over-year basis, but by a lesser 3.7 percent.  Set Up Your Own Customized "SmartSearch" What's ...Read More

By: theBB.group

One Week Left: Record Low Mortgage Rates

Tags: Mortgage, Real Estate

  From CBC News: "All across the country, mortgage specialists and brokers are busy fielding calls from people who've just heard about this week's record low mortgage rates."   Hmmm. The banks maintain it's only a "limited-time promo". But, as pointed out in the article, banks - Central or otherwise - don't control rates in the bigger picture: "I...Read More

Canadian House Price Index - November 30, 2011

By: theBB.group

Canadian House Price Index - November 30, 2011

Tags: Real Estate Statistics, Selling a House, Toronto and GTA House Sales Stats

  Hot off the press! Here's an update of Canadian House Prices... "[Home] prices were flat compared to the previous month in 2 of 11 major Canadian markets [Ottawa & Vancouver]; prices fell in 5 of the 11 markets [Halifax, Calgary, Quebec City, Montreal & Edmonton]; prices rose in Winnipeg, Hamilton, Toronto & Victoria." Source: Teranet – National Bank Nat...Read More