Seems no one knows where we are headed - 04/21/09 09:09 AM
Where are we heading? How are we going to find a solution to a problem whose extent is not known. Everyday, in Canada, we get to hear contradictory news. One day the PM says our economy is stronger than other nations facing recession and at the same breath the Finance Minister says that the economy is in bad shape and we haven't hit the bottom.
I guess we have to stop listening to the politicians and start listening to Bank of Canada that admits that ecenomy is much worse than thought out to be and incidently dropped overnight lending rates by another 0.25 basis … (0 comments)

Mandatory Energy Audits is not the way. It will hurt the economy - 04/14/09 10:44 AM
While US givernment is doing its best to preserve home values and get more people affordable housing,  McGuinty government in Ontarion (Canada) is coming again with Mandatory Energy Audits that can have a major impact on home owners wanting to sell the home. Ontario Real Estate Association is doing its part to rally against these provisions and if you live in Ontarion, I urge you to talk to your MPP against this proposal. To understand the issue, please click in this  link: http://www.orea.com/index.cfm/ci_id/12746.htm To write to your MPP, click on this link:  http://www.orea.com/index.cfm/ci_id/12926/la_id/1.htmThank you for your support.And here are the links for what the media … (0 comments)

Is The Market Turning Around? - 04/07/09 01:55 AM
Some good news finally!!
Toronto Real Estate Board (TREB) media release yesterday shows some improvement in Toronto as well as suburbs' sales. Though encouraging, the sales levels are lower than that experienced in March 2008 and the Average price too has taken a hit, that too compared to March 2008. Nevertheless, these days, any positive sign is welcome. Toronto Stock exchange too has closed 4th straight week with gains, albeit low and Canadian dollar is floating above 0.80c.
Check out the media release here: http://www.torontorealestateboard.com/consumer_info/market_news/news2009/pdf/nr_mw0903.pdf
For those who know Toronto well and are interested in detailed report, check out this link: http://www.torontorealestateboard.com/consumer_info/market_news/mw2009/pdf/mw0903.pdf
… (1 comments)

 
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Rajeev Narula

Rajeev Narula

Mississauga, ON

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