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Ontario residential property taxpayers will see an average assessment increase of five per cent in 2009, the first year of a four-year phase-in plan.“Residential property values have increased by an average of approximately 20 per cent across Ontario since 2005, when the last assessment update was done,” Carl Isenburg, President and ...
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The Economy
Canada’s real gross domestic product (GDP) fell by 0.1 per cent in the first quarter of this year as inventory accumulation suffered a significant slow down.
The inventory correction shaved over one percentage point off of GDP, while a decline in exports subtracted about one-third of a percentage point (nonannualized) in the ...
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"There's been a lot of talk about real estate in the news in recent months. We've heard about declining housing starts, falling existing home sales, double-digit price depreciation, subprime fallout and foreclosures - in the United States.
Fortunately, we live in Canada. And Canadian real estate markets are far-better positioned ...
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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 volumes we see in December of every year. December sales are always slow. It appears ...
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The Toronto Real Estate Board a 3% increase in leased Industrial, Commercial & Investment space across the GTA. This is just 5% off the number of transactions during the same period last year.”Prices for leased Industrial space fell 10 per cent to $5.70 sfn from last August’s $6.35 psf.
Rents for Commercial space rose six per cent ...
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[expires:2009-12-31:Note that this information is outdated.]
Disaster is approaching!
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