Helping you buy and sell epic homes in the Greater Toronto Area
Detached homes in Newmarket sell faster than any other region in the Greater Toronto Area, according to data released by the Toronto Real Estate Board. Once listed, homes in Newmarket are on the market for an average of just 25 days before being sold. Homes sell just one day slower - at an average of 26 days - in the quickly expanding city of Milton. The quick pace of home sales in Newmarket and Milton may be attributed to the diversity of … [Read more...]
Toronto house sales are slowing, but economists are not predicting a crash in the real-estate market. The latest statistics from the Canadian Real Estate Association, released Monday, show that Toronto house prices dipped about 2.4 per cent in December over November, putting the average house at $466,540 when adjusted for seasonal fluctuations. Even with that slight decline, Toronto house prices were up in December by four per cent, year over … [Read more...]
The Canadian housing market has flattened out and will likely stay pretty close next year to where it is now in terms of new housing starts and resales, according to Canada Mortgage and Housing Corp. The federal agency said Friday that the market has shifted to a more balanced position as listings have increased and prices are expected to remain flat to the end of 2012. Low mortgage rates, the domestic economy and immigration remain … [Read more...]
Tridel is introducing its new condominium project located at Sheppard and Highway 404 called ALTO At Atria. Location-wise it's excellent, being close to Fairview Mall, a lot of restaurants, entertainment, and the Don Mills subway station for those with no cars. To the savvy drivers out there, it is close to Highway 404 and the 401, the two main Highways. From the renders, the building looks to have a very sleek and modern design. Tentative … [Read more...]
Canadian home sales climbed 2.7 per cent in September from a month earlier, illustrating what economists see as a balanced market with no signs of a bubble about to burst. "September’s increase reflects strengthened activity in a number of major markets, led by Toronto," the Canadian Real Estate Association said today. "The monthly increase pushed national sales to its highest level since recently tightened mortgage regulations dampened … [Read more...]
Homelife Excelsior Realty
4560 Highway 7 E., #800
Markham, Ontario
Office: 905-415-1000
Mobile: 416-856-3763
Email: kauyoung@trebnet.com
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