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Toronto Real estate blog about Toronto condos, Toronto lofts and Toronto real estate Sun, 06 Jul 2008 15:51:45 +0200 By Lori Mcleod - Globe and Mail
After months of holding fast to the view that Canada will not follow the U.S. into a housing decline, one economist is now raising the spectre of an overall drop in prices north of the border.
Canadian home sales are down 13% year over year so far in 2008 and [...]
Sun, 06 Jul 2008 15:49:12 +0200 By Virginia Galt - Globe and Mail
After a long run of rapidly rising prices, the Canadian real estate market has cooled to the point it is no longer a sellers’ market, Toronto-Dominion Bank says.
“The long-awaited end of the Canadian real estate boom has occurred, reflecting more moderate demand and increased supply of properties for sale,” [...]
Sun, 06 Jul 2008 15:45:31 +0200 By Derek Raymaker - Globe and Mail
Perched on a prime slice of attractive lakeshore and further graced with the lush Seaton conservation area and Rouge River ravine system, Pickering is turning into the Oakville of the eastern GTA.
Pretty good for a city that suffered from the unenviable reputation of hosting a nuclear power generating station. [...]
Sat, 05 Jul 2008 17:13:43 +0200 Loft conversion projects take amazing old buildings and rejuvenate them, under the guidance of a developer with some vision. Lofts have grown in popularity because there’s nothing quite like living in an unconventional loft space, surrounded by old-world workmanship in a space infused with a century of activity. As a younger city, Toronto has a [...]
Sat, 05 Jul 2008 17:00:51 +0200 The trend toward more balanced market conditions continued in June with 8,600 properties changing hands, Toronto Real Estate Board President Maureen O’Neill announced today.
It is important to note that in this release you will also find market numbers specific to Toronto real estate activity in 2006 and 2007. This comparison is provided to help present [...]
Fri, 04 Jul 2008 17:50:20 +0200 CTV.ca News Staff
New laws that kick in today will trigger major changes to real estate transactions, as part of federal efforts to battle money laundering.
Under the new regulations, Realtors will have to collect personal information from property sellers and buyers, such as their name, address, date of birth and occupation, backed up by identification such [...]
Fri, 04 Jul 2008 17:45:17 +0200 But Bank of Canada warns of complacency on newer products like 40-year mortgages
Lori Mcleod - Globe and Mail
The real estate market appears poised for a soft landing rather than a crash, in a cooling trend the Bank of Canada says is both “expected and welcome.”
Sheryl Kennedy, the central bank’s deputy governor, said Canada’s financial [...]
Fri, 04 Jul 2008 17:42:32 +0200 High gas prices may have impact on suburban house prices
Garry Marr, Financial Post
The dream of a two-car garage in the suburbs may soon fade thanks to gasoline prices that have most people rethinking their driving habits.
That dream was never really mine. I’m living the urban nightmare of a one-car garage stuffed with junk and my [...]
Fri, 04 Jul 2008 17:38:48 +0200 By Virginia Galt - Globe and Mail
After a long run of rapidly-rising prices, the Canadian real estate market has cooled to the point that it is no longer a sellers’ market, Toronto-Dominion Bank said Thursday.
“The long-awaited end of the Canadian housing boom has occurred, reflecting more moderate demand and increased supply of properties for sale,” [...]
Sat, 21 Jun 2008 16:38:20 +0200 The Merchandise Building is a unique hard loft space converted from the historic Sears Merchandise building.
Just south of the Church Street Village and as part of the Ryerson University community, The Merchandise Building Lofts are one block east of the Dundas Square – Eaton Centre corridor and the Yonge subway line.
The Merchandise Lofts - located [...]
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