Mortgage Rates – May 2012

  Mortgage Rates – Dave Larock of Integrated Mortgage Planners has posted his latest mortgage interest rates. These rates can be held between 60 t0 120 days  – depending on the Lender – but they may be subject to change – so be sure to call Dave at (416) 304-0100 for the most up-to-date rate [...]

Average Re-Sale Price & New Listings – April 2012

  The Average Re-Sale Home Prices Recorded through TREB between 2009 and 2012 followed by the number of New Listings in Toronto between 2009 and 2012. It’s interesting to see the price increases during these years and the correlation to the number of homes available for sale in the same period. This certainly helps to [...]

What They Sold For In March & April 2012

  I really like the simplicity of TREB’s housing charts. A lot of real estate is changing hands in the GTA and these categories show where the sales are occuring. The lower ranges show a lot of first time buyers coming into the market.  The middle ranges buying and selling  allow the higher end to keep [...]

Market Update – April 2012

  GTA Realtors Release Re-Sale Figures for April 2012  Toronto, May 3, 2012 – Greater Toronto Realtors reported 10,350 transactions through the Toronto MLS System in April 2012. This level of sales was 18% higher than the 8778 firm deals reported in April 2011. The strongest sales growth was reported in the single-detached market segment, [...]

What You Get At Kingston Road & Warden For $1,299,000 – The Lakeside Pocket

  Welcome Home To 54 Kildonan Drive – Toronto From the moment you arrive at Kildonan Drive in The Lakeside Pocket you appreciate this outstanding location along The Bluffs. Just east of Fallingbrook and south of Kingston Road – this picturesque setting is a short stroll to Lake Ontario, nature trails and peaceful, quiet walks. [...]

Daily Chuckle 15 …

  I’m a big believer that a little humour goes a really long way in life and some jokes are just down right silly – as evidenced by the daily chuckles shown below. So don’t think and analyze – just let these tickle your funny bone. You’ll be better for it – I promise! Puddy [...]

Monday Morning Update – May 14, 2012

   Last week’s big news came from our latest employment report, which showed that the Canadian economy added 58,000 new jobs in April – a multiple of the 10,000 or so jobs that most analysts were expecting. Better still, if we add this impressive result to the 82,000 new jobs that were created in March [...]

What You Get At Bloor & Symington – (west of Dufferin) for $314,900

  Welcome Home To 371 Wallace Avenue – #1 Toronto From the moment you arrive at the Wallace Station Lofts you can imagine living in this very urban – very cool warehouse building.  A hard loft – post and beam conversion – this boutique building has 38 individually designed suites.       Funky hallways [...]

Monday Morning Update – May 7, 2012

      When Bank of Canada (BoC) Governor Mark Carney recently warned market watchers that he believed mortgage rates will rise faster than most observers expect, he based this view on three fundamental predictions that were outlined in the BoC’s most recent Monetary Policy Report: The Canadian economy will return to full capacity in [...]

Dave Larock’s Quarterly Mortgage Market Update – May 2012

  It’s time for the powers that be to pick our poison.  Do they keep short-term interest rates at ultra-low levels to protect our broader economy from the economic turmoil still raging beyond our borders, even if doing so increases the risk of a debt bubble? Should they instead raise short-term rates (and longer-term rates, [...]