Queen's Park October
Ontario housing conditions will stabilize
Stable economic conditions across the province will help stabilize housing demand in 2010 according to the 2009 Third Quarter CMHC Housing Market Outlook - Canada Edition.
Highlights of the Ontario forecast include:
• The Ontario economy will stabilize at year end before gradually recovering in 2010
• Ontario resale volumes will stabilize and range between 160,000 and 190,000 unit sales this year and next - reaching 174,000 units in 2009, and 166,750 units in 2010.
• Resale volumes will be down from the peak in 2007 but will be in line with volumes earlier this decade.
• After experiencing buyers market conditions early this year, balanced market conditions will be sustained through 2010 – prices will rise by 1.6 per cent and 0.8 per cent this year and next respectively.
• After declining in 2009, new home starts will edge up and reach 50,000 units in 2010 but owing to economic uncertainty will range between 45,800 and 60,000.
• High levels of affordability will support demand for detached housing in the immediate term but a shift to more inexpensive multi-family housing will occur as affordability erodes in late 2010.
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I proudly server buyers and sellers in the Toronto Neighbourhoods -Toronto Neighbourhood Mapsof: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
I am never too busy for any of your referralsDiane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882
Strong Sales Increases Continue in September
GTA Housing Market Rebound Continues in September
October 5, 2009 -- In September 2009, Greater Toronto REALTORS® reported 8,196 sales, up 28 per cent from September 2008. The average price for September transactions was $406,877 - up by 10 per cent compared to the same month last year.
"We have experienced an increasing rate of existing home price growth in the GTA as sales have continued outpace 2008 results," said TREB President Tom Lebour. "Consumers have remained confident in ownership housing as a long-term investment." Year-to-date sales, at 66,437 were up 4.5 per cent compared to the first nine months of 2008. Average price, at $388,417 was up by almost 1.5 per cent.
"Existing home sales will finish strong this year, pushing through the 80,000 mark and moving in line with some of the best years on record under the current TREB market area," according to Jason Mercer, TREB's Senior Manager of Market Analysis.
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I proudly server buyers and sellers in the Toronto Neighbourhoods -Toronto Neighbourhood Mapsof: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
I am never too busy for any of your referralsDiane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882
LEARN MORE
CONTACTS
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I proudly server buyers and sellers in the Toronto Neighbourhoods -Toronto Neighbourhood Mapsof: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
I am never too busy for any of your referrals
Diane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882
Protect Your Investment Against Mortgage Fraud
Many homeowners are unaware of the dangers posed by identity thieves when it
comes to their real estate investment. Unfortunately, real estate title
fraud is on the rise. According to the Canadian Association of Accredited
Mortgage Professionals (CAAMP), real estate industry insiders now peg the
average case of real estate fraud at $300,000. In comparison, the RCMP
estimates the average credit card fraud case in Canada to be $1,200.
Protect yourself and your investment with these tips:
1. Check your credit reports
Equifax Canada
and
Transunion financial and bank statements regularly for inconsistencies,
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I proudly server buyers and sellers in the Toronto Neighbourhoods -Toronto Neighbourhood Mapsof: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
I am never too busy for any of your referralsDiane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882
| July 23, 2009 | |||
| Region | Area Sales | Av. Price | $ |
| East | 472 | $331,443 | |
| West | 732 | $385,578 | |
| Central | 412 | $515,318 | |
| North | 446 | $449,290 | |
| Total | 2,062 | $412,890 | |
NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.
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I proudly server buyers and sellers in the Toronto Neighbourhoods -Toronto Neighbourhood Mapsof: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
I am never too busy for any of your referralsDiane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882
I am an award winning Real Estate Broker in Toronto, Ontario Canada for over 21 years. I sell all over Greater Toronto with my son Jeremy. Representing buyers and sellers. "PLANTING ROOTS"
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