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Monday, October 20, 2008 7:17 PM

New Homes Sales drop - A Key Indicator for Recession - GTA

New Home Sales have dropped New homes sales in the GTA dropped and have reached 2003 levels and appear they will drop further. New Home Sales are one of the Real Estate market Key Indicators of the trend in Real Estate. October is experiencing the sales
Posted by PLANIT real estate inc | (Comments Off)
Monday, October 20, 2008 4:42 PM

Bad Economic Times: Impact on Canada's Housing and Real Estate Market (Status: BUYERS MARKET)

Resale Housing Market in Toronto and GTA drops to pre 2005 levels CURRENT TORONTO REAL ESTATE MARKET STATS Our real estate market is now: - 18% lower than 2007 or - 10% lower than 2006. - 21% drop in sales in Toronto same period a year ago - 16% drop
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Monday, October 20, 2008 2:03 PM

Global Financial Crisis - Canada's Financial Outook

Recession is here! (We will refer to it as the 'R' word because it is a bad word to say). THE PROBLEM We are looking at a "severe and virtually unprecedented blow to the financial system". We were all thinking this is a housing bubble
Posted by PLANIT real estate inc | (Comments Off)
Monday, October 06, 2008 11:19 PM

Freestanding Building For Sale near St. Lawrence Market

Excellent Redevelopment Opportunity! • 6,968 sq. ft. 2 story "* * 3 levels" - MLS® $3,399,000 CAD - * * REDUCED * * Lower Sherbourne, Downtown - Excellent Re-Development Opportunity! Exciting Location For Investor/User/Developer. Toronto's
Posted by PLANIT real estate inc | (Comments Off)
Monday, November 19, 2007 6:58 PM

6-Level Multi Unit Condo Townhouse For Sale in Riverdale (East york)

This one will be your home! • Approx 1,200 sq. ft. - MLS® $279,900 CAD Stunning Renovation! Riverdale, Downtown - Unbelievable Value! Call This Beauty Your Home! None In the Area Like This! Renovated Condo Townhouse south of Danforth and Pape. Read More...
Posted from Toronto Real Estate Blog | (Comments Off)
Tuesday, July 24, 2007 6:19 AM

Mortgage Rates to Remain Historically Low

A combination of a strong Canadian dollar vis-à-vis the U.S. dollar and modest GDP growth will help keep Canadian interest and mortgage rates low over the remainder of this year and in 2008. One, three and five-year posted mortgage rates are forecast...( Read More...
Posted from Toronto Real Estate Blog | (Comments Off)
Wednesday, July 18, 2007 6:33 AM

<STRONG><FONT color=#ce0000>Interest Rate Increases!</FONT> </STRONG>

In anticipation of the June inflation numbers being released July , the Canadian dollar gained strength to the highest level in nearly 30 years. The 10 year bond increased by 5 bps. What does this mean? There is going to be upward pressure on lenders Read More...
Posted from Toronto Real Estate Blog | (Comments Off)