Renovating….again!

For those of you who followed our blog on our last renovation, we’re happy to say we’re back with another! This one has been a long time coming…having a baby followed by massive indecision = starting the reno two years late. We’ve had massive progress on the demolition and have been furiously selecting our finishes. Check out our blog by…

Housing Forecast Update by CREA

Courtesy of The Canadian Real Estate Association… The Canadian Real Estate Association (CREA) has revised its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2011 and 2012. National sales activity is now expected to reach 441,100 units in 2011, a decline of 1.3 per cent from 2010. This…

Mortgages News – Fixed Rates Drop!

Interest rates have become lower over concern about global economic growth. If you are considering a five-year fixed-rate mortgage that’s great news as they have have recently come down to levels that are close to their all-time low. Courtesy of CanadaMortgageNews… We haven’t seen the bond market this low since November 2010. The current 5 year Canadian Bond yield is…

2011 May Market Watch

Greater Toronto REALTORS® Report – May Resale Housing Market Figures TORONTO, June 3, 2011 Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076,…