Submitted by Jasmina on Thu, 2008-06-19 01:44.

The Greater Toronto Area (GTA) communities that experienced strong activity in the first half of June are:

  • mid-June Toronto Resale Housing Market performanceRichmond Hill South (N03) experienced strong detached home sales, which resulted in a five per cent increase from mid-June 2007.
  • In Caledon (W28) detached home transactions led to a nine per cent increase in sales over the same period a year ago.
  • Condominium apartment transactions also drove West Agincourt (E05) to a 24 per cent increase in sales compared to the same timeframe a year ago.
  • In Riverdale (E01) transactions increased 28 per cent compared to the first half of June 2007 driven by strong condominium apartment sales.

Resale home prices continued their upward trend in the first half of this month

The Greater Toronto Area (GTA) average price is currently $398,542, up four per cent over the $384,576 average from the same timeframe a year ago and up 11 per cent from the $358,648 recorded at mid-June 2006.

Submitted by Jasmina on Mon, 2008-05-26 23:06.

Past weeks were unbelievably busy for me and I didn't have time to post some great news about Richmond Hill Real Estate Market and just released Scotiabank Real Estate Forecast for Canada:

(1) Real Estate Outlook: No Major Correction in Canada's Housing Market

The latest Real Estate Trends Report issued by The Bank of Nova Scotia explains why the market has a more stable base than it did prior to the crashes of the 70s and 80s. Adrienne Warren, senior economist at Scotiabank, said there are a variety of reasons for confidence in the continued health of the housing market:

  1. Unlike in the US, home prices in Canada are not substantially overvalued
  2. Speculative home buying is not widespread
  3. The real estate market is not overbuilt
  4. Households are not over-leveraged and
  5. Overall mortgage quality is still sound.

Still, the 10 per cent average annual increase in home prices over the past half decade was unsustainable, and a return to more historical norms is a welcome development, she said. "We predict a soft landing for the Canadian housing market, with somewhat lower sales and construction, and a period of relatively flat inflation-adjusted home prices... We expect overall sales volumes in 2008 to total about 15% below last year’s record levels, and home prices to increase on average by about 5%," Ms. Warren said.

The past decade has been one of the best on record for residential real estate in the Toronto area. Housing boom is ending, but there is no bubble to burst in The Greater Toronto Area real estate market.

(2) Toronto Real Estate Board: GTA Resale Housing Market Highlights

Greater Toronto Area neighbourhoods that experienced heightened activity during the first half of May are:


Submitted by Jasmina on Tue, 2008-05-20 00:49.
2008-05-24 10:00
2008-05-25 05:00

Doors Open Toronto 2007 This annual citywide event invites the public to visit buildings that define our communities. From heritage landmarks to modern structures, up to 140 buildings open their doors. The 9th annual Doors Open Toronto features a special focus on the city's Sacred Spaces, Sacred Circles:

  • Many buildings are not normally open to the public and all venues feature behind-the-scenes tours, exhibits, activities and/or talks.
  • No tickets or pre-registration required - admission is free to all buildings!
  • Many sites offer kid-friendly activities.
  • Organizers will animate a dozen Doors Open Toronto venues with special performances.

Submitted by Jasmina on Tue, 2008-04-29 14:49.

TREB mid-April existing-home sales figures wash away fears of Toronto real estate collapse and prove 'doomsayers' wrong. It was nasty winter weather and recently introduced Toronto Municipal Land Transfer Tax (LTT) that kept both buyers & sellers on the fence and contributed to the sluggish first quarter.

GTA Real Estate Market Heating up: Top Performing Neighbourhoods this Spring

    Toronto Housing Market Heating Up this Spring!
  • Willowdale (C07) saw a 75 per cent overall increase in transactions, driven by strong, detached, condo-apartment, and condo-townhouse sales.
  • In Vaughan/Thornhill (N02), transactions increased by 53 per cent compared to mid-April 2007, as a result of strong detached home sales.
  • Strong detached home sales also drove Brampton East (W24) to 37 per cent compared to the same timeframe a year ago.
  • In Riverdale (E01) transactions are up 10 per cent, also as a result of strong detached home sales.

Greater Toronto Area Home Prices have Risen 7%


Submitted by Jasmina on Fri, 2008-04-25 17:34.

Life at the Top! Quiet 3 Bedroom 2 Bathroom Corner-unit Condominium 25 Stories Above the World

Bring your camera because this warm, sunny and spacious home has a view that will delight any photographer. It is a spectacular sight all year long! You'll find unlimited possibilities to reflect your lifestyle in this prime North York location. Is an ideal middle ground for those seeking the Toronto downtown lifestyle but unwilling to deal with the everyday noise and craze associated with living in the big city.

Property #014 Slideshow

Add your personal touch and enjoy carefree living in this great neighborhood:

  • within walking distance to Finch / Bathurst
  • steps to direct TTC bus #125 (Drewry 125) to Subway
  • only minutes to Highway 401 & 407
  • close schools, synagogues, churches, and all other amenities.

Fans of the great outdoors will appreciate the proximity to the amazing G Ross Lord Park, which offers 338 acres of public parkland! Call Jasmina at 905-731-2000 to learn more about this Terrific Home and other properties for sale in The Greater Toronto Area.

Features


Submitted by Jasmina on Thu, 2008-04-10 01:46.

Looking for a Quality Home in Superb Richmond Hill School District?

Then head over to this gorgeous 3 bedroom, 3 bath townhome surrounded by great schools! This fabulous townhouse is located just off Yonge Street / 19th Avenue / Gamble Road intersection. Built by Sierra, featuring over 1500 sq. ft. with 9 ft. ceilings on the main floor. Marble Mantle Fireplace, Maytag Stainless Steel Appliances, Direct Access Garage. Minutes to 404 & 407, steps to Viva transit and other amenities:

Check out the Photo Gallery and call Jasmina at 905-731-2000 to learn more about this terrific home and other properties for sale in southern York Region. Buyers wishing to view the house are invited to attend the public open house this weekend, or to arrange a private showing.

Features


Submitted by Jasmina on Fri, 2008-04-04 00:43.
2008-04-04 11:00
2008-04-13 18:00

National Home Show 2008 - Advice & Solutions for Your Decorating, Renovating, Landscaping Projects

Toronto National Home Show is back and better than ever. If you've got a home project in mind, looking to refresh your living space or want to discover the latest styles, trends and ideas for your home, the National Home Show has the inspiration you need to get started:

Advice, solutions and inspiration for all your decorating, renovating, and landscaping dilemmas from more than 700 home & garden specialists await you at the 2008 National Home Show. Buy tickets online and save $3 on admission! Enjoy this exclusive offer to Home & Garden Television by entering promotional code HGTV. You can also get 2-for-1 admission for April 10-13 with discount code torontolife.


Submitted by Jasmina on Wed, 2008-02-20 21:18.

A few neighborhoods both within and outside of the 416 area code saw increased sales over the first half of February, 2007:

  • Central Richmond Hill (N04) experienced a notable increase in sales compared to the same timeframe last year. Transactions were up 21 per cent, primarily due to an increase in attached row sales.
  • In Ajax (E14) sales were up 11 per cent compared to mid-February 2007, based mainly on an increase in detached home sales.
  • In the West region, the W03 (York South) district saw a 41 per cent increase in transactions, driven by strong sales of semi-detached homes.

Although Resale Home transactions in other Greater Toronto Area MLS districts declined in the first two weeks of February, several positive factors were also noted:


Submitted by Jasmina on Fri, 2008-02-15 18:10.
2008-02-18 00:00
2008-02-18 23:59

On October 11, 2007, following the 2007 fall Ontario election campaign when Premier Dalton McGuinty was re-elected, The Government of Ontario committed to add a holiday in February to increase the number of public holidays to nine per year. Recognizing that Ontarians work very hard and deserve more time to spend with the people they love, they declared the third Monday in February Family Day.

This additional holiday gives Ontarians the same number of statutory holidays as Alberta and British Columbia. Family Day is also recognized in Alberta, Saskatchewan and several other countries across the world including South Africa and Australia.

In honour of this new holiday, many Greater Toronto Area attractions are offering special promotions including 2 for 1 admission to the CN Tower, 50% off admission at The Toronto Zoo, and more. Check out Toronto.com for more great Family Day ideas and contact me for your FREE Toronto 2008 Calendar worth over $150 in Coupons for major Toronto area attractions!

Whatever you choose to do this Family Day, I hope you enjoy your long weekend. I wish you and your family a happy and safe holiday.


Submitted by Jasmina on Wed, 2008-02-06 11:26.

A strong performance within TREB's Central districts drove the Toronto area real estate market to a healthy 5,073 sales in January, off just two per cent from last year's record performance, Toronto Real Estate Board President Maureen O'Neill announced yesterday.

While sales were strong, price increases remained modest, with the average rising six per cent (compared to January 2007) to $374,449. There is clearly still a place for the first-time home buyer in today's resale market, said Ms. O'Neill.

The strongest activity last month took place in Toronto's Central and East MLS districts:


Submitted by Jasmina on Mon, 2008-01-21 20:46.

It seems each month has been a record breaker for the real estate industry in York Region and across the GTA. Central Richmond Hill N04 district led the way in January with a 59 per cent overall increase in sales compared to mid-January 2007, mainly as a result of attached/row house transactions.

Across the Greater Toronto Area there were 1,776 transactions, an increase of 11 per cent increase over the same timeframe a year ago, announced Toronto Real Estate Board President Maureen O’Neill. The average time a property is currently on the market is 41 days, down 13 per cent as compared to a year ago. The average price also increased considerably compared to the first half of January 2007. It currently stands at $367,574 an eight per cent increase over the $340,793 recorded at mid-January a year ago.

Strong Activity in other areas of the Greater Toronto Market


Submitted by Jasmina on Thu, 2008-01-17 03:14.

Absolutely Beautiful Four Bedroom End-unit Townhouse in the Heart of Richmond Hill

A feeling of warmth and pride is reflected throughout every spacious room showing care and concern for home ownership! Built by Acorn, featuring over 2000 sq. ft. with 9 ft. ceilings and gleaming hardwood on the main floor. Located on a quiet child-safe crescent, within walking distance to Yonge / Major Mac / 16th and minutes to 404 & 407.

Steps Away From

Check out the Photo Gallery and call Jasmina at 905-731-2000 to learn more about this terrific home and other properties for sale in southern York Region. Buyers wishing to view the house are invited to attend the public open house this weekend, or to arrange a private showing.

Features


Submitted by Jasmina on Sun, 2008-01-13 17:07.
6:34 minutes (4.51 MB)

Despite the U.S. housing recession, where home sales are to hit bottom in early 2008 and the current housing crisis is expected to run through early 2009, Canada's real estate market continued to post significant price gains in the fourth quarter of 2007 and showed little sign of the usual winter slowdown. Toronto Real Estate Board Market Watch reported 2007 was Best Year Ever, with 4,646 sales in December and year-end sales of 93,193. This is 12 per cent higher than year-end sales in 2006 and 11 per cent higher than 2005, the Toronto market's previous best-ever annual performance!

Here is a summary of recent Royal LePage Real Estate Reports and interviews our president Phil Soper did with the Canadian media to discuss the Canadian Real Estate market and the outlook for 2008.

2007 was a record-breaker for the Canadian Real Estate market. The big stories were price out west and volume in central and eastern Canada. We knew prices would continue to appreciate in the west but the pace of appreciation particularly in the first part of the year really defied all expectations; and in Ontario and Quebec we saw the number of homes trading hands really spike up in the second half of the year; very, very strong year for real estate. Toronto area displayed high levels of home buying activity in the fourth quarter, despite the city’s rising house prices, partly related to the introduction of a new Toronto Land Transfer Tax.

2008 Market Survey Forecast


Submitted by Jasmina on Thu, 2007-12-20 01:09.
2008-01-14 07:00

Trees cannot be placed out in plastic bags!Waste Collection Schedule Changes

There will be a change to the Blue Box, Green Bin and garbage collection schedule due to the upcoming holidays. During the week of December 24 and the week of December 31, pick up will be one day later than your regularly scheduled collection day.

Christmas Tree Collection

In order for your tree to be collected please remember to:


Submitted by Jasmina on Fri, 2007-12-14 22:20.

First Time Buyers of Resale Homes to Benefit From New Tax Measure

Effective midnight tonight, first-time buyers of Resale Homes in Ontario would be eligible for a refund from the provincial government of up to $2,000 of the Land Transfer Tax (LTT) paid. The refund was previously available only on new construction.

Ontario Expands Land Transfer Tax Refund Program

Finance Minister Dwight Duncan announced yesterday that the McGuinty government is giving all first-time homebuyers a break on land transfer tax by proposing to expand the Land Transfer Tax Refund Program to include purchases of resale homes.