Toronto Condo Market Shows Signs Of Slowdown

Toronto Condo Market Shows Signs Of Slowdown

The ‘Manhattanization’ of Toronto will change family-housing dreams. Of the 6,005 condos ready for occupancy this year, 63 per cent are studios or one-bedrooms. The average size is 822 square feet. The 9,090 condos slated for completion in the former city of Toronto in 2014 are an average size of 695 square feet; 67 per cent are studios or one-bedroom units, according to a report by Urbanation. The developers in the downtown market are catering their product to investors, who are interested in smaller units that are easier to rent or flip. The larger the unit, the longer it takes to rent out or sell…..more

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A Nation’s Strong Belief in Homeownership

A Nation’s Strong Belief in Homeownership

WHY Home Ownership is Fundamental To The Canadian Psyche: Despite all the recent problems in the housing and mortgage industries, an overwhelming majority of Canadians believe that owning a home is still the Canadian dream. Polls & Survey
http://rebatereps.ca/2011/10/canada-home-ownership/

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TREB Market Watch August 2011

TREB Market Watch August 2011

August 2011: Toronto Real Estate Market Report: Market conditions remain tight as sales growth outstripped growth in new MLS listings. Home sales will be bolstered by low mortgage rates. September 7th. – Bank of Canada announced, no intention to raise interest rates at least till early 2012. More details….. complete with charts & videos Go…
http://rebatereps.ca/?p=2391

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Is Buying a Home Right For You?

Is Buying a Home Right For You?

Is Buying a Home Right For You? Should You Buy or Rent? FAQ complete with Home Buyers Guide from CMHC and a Work Sheet.
The advantages of owning or renting are different for everyone, so be sure to consider important personal situations and long-term goals before making your decision. This is a decision which many people face, and the decision is not as easy to make as it may sound.

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