Happy Canada Day! - 06/29/07 09:27 AM
The Maple Leaf Forever!
It was over 40 years ago, in 1965, that Canada's distinctive maple leaf flag flew for the first time. Then, as now, the flag had its supporters and detractors. But few realized what a powerful and positive symbol our Canadian flag would become.
Though we endlessly debate our … (3 comments)
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Toronto REALTORS® Tell City that 100% Land Transfer Tax Increase is Unfair - 06/27/07 04:49 PM
TORONTO, June 27 /CNW/ - The Toronto Real Estate Board has told the City of Toronto that its proposal to charge a second land transfer tax treats home buyers unfairly. TREB's comments were made in a formal presentation to the City's Executive Committee earlier this week.If the City moves forward with … (2 comments)
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Ontario housing markets defy industry expectations....push sales and prices to new heights says RE/MAX - 06/25/07 10:43 AM
Transmitted by CNW Group on : June 21, 2007 06:00
MISSISSAUGA, ON, June 21 /CNW/ - Despite concerns over a higher Canadian dollar and its impact on the province's manufacturing sector, housing markets across Ontario continue to perform above and beyond industry expectations, according to a report released today by RE/MAX Ontario-Atlantic Canada.Stronger than … (0 comments)
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Insist they need a REALTOR® but when it comes to...... - 06/22/07 07:10 AM
I have always operated my business on one simple premise. Give the client as much credible information as possible, so that they can make the best educated decision, at the time in which they have to make it.Regardless of recent minor fluctuations, we are still at historically low mortgage rates even at the current discounted rates … (3 comments)
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An Outlook for U.S. & Canadian Interest Rates to 2020 - 06/21/07 10:09 AM
TD Bank Financial Group has just released a TD Economics Special ReportTHE SHAPE OF YIELDS TO COME: AN OUTLOOK FOR U.S. AND CANADIAN INTEREST RATES TO 2020Highlights include:Financial markets are currently fixated on the recent rise in bond yields, but U.S. rates have....Looking ahead, interest rates will fluctuate over business cycles … (0 comments)
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Home resales up 24 per cent in first half of June - 06/20/07 08:08 AM
TORONTO, June 19 /CNW/ - During the first fifteen days of June, resale home transactions jumped 24 per cent compared to the same time frame a year ago, Toronto Real Estate Board President Dorothy Mason announced today. The first half of the month yielded a remarkable 5,074 sales, an increase of … (1 comments)
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On average, households spent more than $11,000 on renovations - 06/18/07 03:08 PM
OTTAWA, June 14 /CNW Telbec/ - Approximately 1.5 million households in 10 major Canadian centres surveyed(1) indicated they completed renovations last year, costing an average of more than $11,000, according to the new Renovation and Home Purchase Survey(2) released today by Canada Mortgage and Housing Corporation (CMHC).
"More than $17.3 billion was … (1 comments)
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Snakes and Ladders and what I have learned from the game - 06/13/07 07:58 AM
I remember my Dad sitting down with me and saying Dave, this will be one of the most important games you will ever play, because this game is a story and it's a story about your life. The game is called Snakes and Ladders.He was right. It was all right there. … (11 comments)
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A Gentleman offers you $11,000 for your medium coffee - 06/12/07 06:21 AM
Just imagine - as you're going through your favourite coffee drive-thru this week - that a well-dressed gentleman stops and offers you $11,000 for your medium double double. Who would hesitate? We'd take the cash. It's not so far-fetched. In fact, if you take that coffee budget and apply it to … (3 comments)
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Rental Vacancy Rates are at Historically High Levels - 06/06/07 10:29 AM
While the trend in rental apartment vacancy rates has plateaued in recent years, vacancy rates are at historically high levels thanks to low monthly ownership carrying costs, high apartment completions and a loss of migrants to urban centers in western Canada according to Ted Tsiakopoulos, CMHC's Ontario Regional Economist.
Read the rest … (0 comments)
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Could your R.E. market benefit from the strongest dollar in almost 30 years? - 06/04/07 07:52 AM
What other American markets could benefit from the strongest Canadian dollar in almost 30 years?
Canadians start to put that high loonie to workDramatic run-up in the dollar means business can now look for bargains
Mark Zilbert, a former Montrealer who now runs a real estate agency selling million-dollar condos in Miami Beach, … (0 comments)
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No Down Payment is a very simple concept - 06/01/07 07:31 AM
In Canada we have exceptional no down payment programs which I use quite often to satisfy the needs and expectations of not only first time buyers but also more seasoned purchasers alike. With recent revisions and improvements to the program, it is now possible to arrange 100% at what we deem "fully discounted rates" (up … (16 comments)
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