In the News
Greater Toronto REALTORS® reported 5,185 transactions in the first half of June – an increase of 19 per cent compared to the same period last year. “Households in the GTA have become more confident in purchasing a home over the past three months,” said...
In the News
Sales of luxury properties in the Greater Toronto Area posted their strongest performance on record in May 2009, according to RE/MAX Ontario?Atlantic Canada. Two hundred and seventy?three high?end homes changed hands in May 2009, up six per cent from 258 reported...
In the News
In May 2009, Greater Toronto REALTORS® reported 9,589 sales, up almost two per cent from May 2008 – the first annual increase since December 2007. The seasonally adjusted annual rate of sales in May was 81,3001. “The resale housing market in the GTA has remained...
In the News
Luxury home sales hold steady in most major markets across the country, says RE/MAX – Two-thirds of markets surveyed report upswing in the number of upper-end homes sold in 2008 Luxury home sales have outperformed virtually all other residential price points...
In the News
“Homeownership continues to be primary objective” While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer amortization periods and alternative housing types have offset the impact on most major markets across...
In the News
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent, much to the surprise of most finance gurus. Apparently its the energy costs that are driving this rate stability. Bank of Canada Governor Mark Carney was...
