tag:blogger.com,1999:blog-49904945926293435152009-06-23T13:52:27.176-04:00The resource for important information pertaining to Toronto's residential real estate market, green living, and all other housing related topics.GPnoreply@blogger.comBlogger35125tag:blogger.com,1999:blog-4990494592629343515.post-52520086978454839452009-06-23T13:46:00.004-04:002009-06-23T13:52:27.186-04:00

In the first four months of 2009, TREB members reported 3,945 leased condominium apartments, representing a 38% increase over the 2,854 units leased during the same period in 208. Almost 93 per cent of all residential rental transactions on the MLS® involved condominium apartments.With the exception of three-bedroom units, average condominium apartment rents declined. The average rent for the

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-68495775449404576722009-06-23T13:34:00.001-04:002009-06-23T13:40:08.845-04:00

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 resilient in the face of challenging times globally,” according to TREB President Maureen O’Neill. “Many home buyers have taken advantage

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-72169934390030520322009-04-30T22:56:00.000-04:002009-04-30T22:58:08.441-04:00

By Julian Beltrame, The Canadian PressOTTAWA - The Bank of Canada has taken its key policy interest rate to the lowest practical level in an effort to combat what it says has become a deeper than expected economic slump.The central bank sliced its target for the overnight rate in half to 0.25 per cent - "the effective lower bound" - and signalled it will keep it there until at least mid-2010 in

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-39770795198201976182009-04-30T22:51:00.002-04:002009-04-30T22:54:24.719-04:00

Considering how sharply resale activity fell in the closing months of last year and how quickly market sentiment has soured in the face of worsening economic conditions, the relatively moderate pace of price correction so far in the Toronto area should alleviate fears that the market is on the brink of collapse. Overall, prices in the area have retreated between 2% and 6% from the peak (depending

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-58606413710628751592009-01-21T12:15:00.002-05:002009-01-21T12:19:32.113-05:00

The Toronto market is still reasonably healthy. I always advise the best time to buy is when nobody wants to. I don't expect the real estate market to be setting off any kinds of records but then again why does it have to? If you are planning on making a move and feel secure enough with your financing why not make the move now? Below is an update the current real estate market.Gian-Piero--------

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-7947697363732293072009-01-21T12:01:00.004-05:002009-01-21T12:14:08.291-05:00

Here is a checklist that will help you when you set out to buy a condo. Due diligence is always advised when buying into anything. Buying a condo can involve more legwork than buying a hoouse. Below are a few tips to help you on your way.Gian-Piero------------------------------------------------------------------------------------------------------Source: Market WatchIt's more than just location,

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-43067675887963246922009-01-21T11:58:00.002-05:002009-01-21T12:01:12.924-05:00

The 2009 rent increase guideline is 1.8 per cent. That's the maximum percentage by which a landlord can raise the rent for residential tenants without getting approval from the Landlord and Tenant Board. The Ontario government sets the increase guideline annually based on the changes in the Ontario Consumer Price Index for all goods and services. Last year's guideline was 1.4 per cent. If at

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-83638564829366604152009-01-21T11:43:00.004-05:002009-01-21T11:58:08.938-05:00

There are various programs to help people buy real estate. When it comes to saving up for a deposit opening up a tax free savings account appeals the most to me. The account can be used for other purposes as well making this even more attractive.Gian-Piero------------------------------------------------------------------------------------------------------Source: Market WatchIn January, you can

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-88872635509625253512009-01-21T11:30:00.002-05:002009-01-21T11:43:33.065-05:00

We really notice the inefficiancy of our homes construction during the colder months. The hot air just seems to fly out the window along with our money. Below are a few tips looking into how we can do our part not only for the environment but to also allow us to use the money for better purposes other than heating the outside!Gian-Piero-------------------------------------------------------------

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-13865157252320287002008-12-15T14:36:00.004-05:002008-12-15T14:50:22.767-05:00

For those who have been following the controversial developments of the implementation of the Toronto Land Transfer Tax, the CD Howe Institute covers the negative effect in the Toronto residential real estate market. This has been the first year of the Toronto Land Transfer Tax and there is now another public outcry for city officials to roll the Toronto Land Transfer Tax back.It will be

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-74359221686393223292008-12-15T14:22:00.002-05:002008-12-15T14:35:25.061-05:00

Source The Toronto Real Estate BoardNovember 5, 2008 -- The Greater Toronto Area resale housing market reported 5,155 sales in October, Toronto Real Estate Board President Maureen O’Neill announced today.This represents a 35 per cent decline from the 7,915 sales reported in October 2007 and a 25 per cent decrease from the 6,876 transactions that took place during the same period two years ago.In

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-87192542034213649752008-10-29T15:18:00.003-04:002008-10-29T15:30:34.042-04:00

For those living or thinking of buying in the Bathurst and St. Clair area, this is a great site that will keep you updated in the current community activities and events for the entire family. There is an excellent directory of business's which also includes specials that some business' may have. You may also sign up for newsletters to help keep you informed.It is good practise to know your home

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-68643368565912652642008-10-29T15:12:00.002-04:002008-10-29T15:16:51.712-04:00

Heres some additional positive information regarding the currents state of the Toronto real estate resale housing market.Gian-Piero------------------------------------------------------------------------------------------------------Source: The Toronto Real Estate BoardOctober 28, 2008More than 1,100 Greater Toronto REALTORS® gathered to hear Canada’s top experts talk about the future of the

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-12013426952159591242008-10-27T17:19:00.003-04:002008-10-27T17:42:34.073-04:00

One of the most challenging topics I face as a realtor these days are defencing the current Toronto real estate market in the face of a global economic crisis. It is important to differentiate between global economies, and local economies. Real estate is a local market and is not directly effected by global controls. This mean the adage if the States gets a cold, Canada blows it's nose may ring

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-63474754226560091022008-10-27T16:05:00.005-04:002008-10-27T17:16:34.855-04:00

Every parent wants to know how well their kids are doing in their schools. One of the most important factors for Buyers when selecting an area tends to be based on school performance.Here is a great website to check how well your child's school is performing. Check schools in the St. Clair and Bathurst area by clicking the first letter of the school name, then scrol down the list to find your

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-81542892014390191032008-10-17T17:53:00.003-04:002008-10-17T18:04:49.472-04:00

The market changes and so does our approach to buying and selling Toronto real estate. In the words of Arthur Bartram, president of Right At Home Realty:Real estate continues to be local in terms of what’s happening in any given market. Certain markets are up while others are down. You can’t paint the GTA market picture with the same brush. In my experience it has always been that in a sellers

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-56839088779205036972008-10-08T10:47:00.006-04:002008-10-08T11:02:59.730-04:00

Assessment value of properties wioll be increasing but this doesn't necessarily mean that your property taxes will too!Read below to find out how this may impact your real estate!Gian-Piero------------------------------------------------------------------------------------------------------September 17, 2008Market increases in values since 2005 will be phased in over the next four years with new

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-64407128614414304562008-10-07T12:14:00.005-04:002008-10-07T12:27:46.903-04:00

Have you just renovated your home? Or, if you are planning to purchase a home to renovate you may be eligible for a G.S.T. rebate! Below are the guild lines and pertinent information that help you determine how to and or whether to apply for the rebate.Gian-Piero------------------------------------------------------------------------------------------------------G.S.T. Rebate Program You may be

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-6798079593082794872008-10-07T11:10:00.004-04:002008-10-07T12:25:36.500-04:00

A little known resource for first time buyers to help with the purchasing or building of their home!Gian-Piero------------------------------------------------------------------------------------------------------The Canda Mortgage National Networkhttp://www.mortgageloancanada.com/The Federal Home Buyers Plan allows first time home buyers to withdraw up to $20,000 from their RRSP for the purpose

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-80827144356171656312008-09-23T15:49:00.008-04:002008-09-23T16:36:37.243-04:00

There are two systems in place to evaluate your credit rating (aka. financial health), Equifax and Transunion. Maintaining a good credit rating can make or break a deal even after your have been preapproved and firmed an agreement. Both credit systems are highly developed and involve complex equations dependant on many factors ranging from age to spending habits. Building good credit can be a

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-69059709836407092022008-09-23T15:26:00.006-04:002008-09-23T15:48:21.149-04:00

There are times when buyers feel that they have made the wrong decision. Buying a home is for some people the biggest purchase of their lives. As your real estate sales representative, I endeavour to answer all questions and help you make an informed decision to the best of my abilities.In the course of my work it is always advisable to have a home inspection by a qualified home inspector. These

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-9032932384742270992008-09-19T15:10:00.002-04:002008-09-19T15:41:21.561-04:00

As previously discussed here: http://www.therealestatepulse.com/2008/08/gta-resale-housing-stable-in-july.html. We continue to maintian a stable market worth investing in. Though there are comparisons to 2007, we being to start comparing 2006 as well.Below is the September report.-----------------------------------------------------------------------------------------Toronto Real Estate

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-46355319222004492932008-08-27T09:40:00.003-04:002008-08-27T10:15:20.261-04:00

There are better ways of procuring business than telemarketing. Advertisers of all professions tend to have a common misconception that what works in the States will work in Canada. In fact differences are prevalent in much smaller market segments throughout the provinces and municipalities. For the purposes of this article is it is safe to generalise.As similar as we are as cultures this is by

GPnoreply@blogger.com0tag:blogger.com,1999:blog-4990494592629343515.post-26131209440307026262008-08-15T14:46:00.002-04:002008-08-15T15:30:36.258-04:00

It is important to note that the decrease in sales in comparison to last year is not as significant as some make it out to believe. 2007 was a record breaking year. As with every rise there must be a dip. The greater the rise, the greater the dip, and the greater the risk potential. Market stability is always a key factor when determining the overall condition of The GTA real estate market. As

GPnoreply@blogger.com1tag:blogger.com,1999:blog-4990494592629343515.post-46307045413165491282008-08-15T14:33:00.004-04:002008-08-15T14:46:13.097-04:00

Below is an article that I came across during a renovation. I found it to be quit helpful should anyone consider buying an older home with the intentions of removing the existing paint. As you will read lead based paints can be lethal if the proper methods of handling it are not exercised.Heath Canada----------------------------------------------------------------------------------------------

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