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"Bank of Canada Announces Interest Rate Decision"

Thursday Jan 10th, 2019

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So, in my professional opinion and experience, it REALLY is a great period for purchasing real estate!  Announced January 9, 2019 from the Bank of Canada (by the Canadian Press):  "The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming months.  Before long, however, the central bank expects the economy to expand with renewed vigour. More rate hikes, it... [read more]

GTA Condo Apartment Rentals See Sizable Price Increase Q1 2018!

Wednesday Apr 18th, 2018

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The average rent for one-bedroom condominium apartments in the Toronto Real Estate Board market area was up 11.4% on an annual basis to $1,995 in the first three months of 2018!  The average two-bedroom condominium apartment rent was up by 9.1% over the same period to $2,653, according to market figures reported by GTA Realtors*.  The number of condo apartments available for rent during the first three months of 2018 was down 11.8% compared to the same period of 2017. ... [read more]

Breaking News-Toronto Condo Sales Price Rise 1st Quarter 2018!

Monday Apr 16th, 2018

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Toronto real estate condominium apartment sales remain strong in the first quarter of 2018, according to Toronto Real Estate Board figures sold statistics reported through TREB's MLS* System.  The average selling price was up 9% year-over-year to $533,447 in the period January 1 to March 31, 2018!   While the number of condo apartment sales reported by the Greater Toronto Area Realtors* in the 1st Quarter was down 29.7% year-over-year to 5,084, so were the number of new... [read more]

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