Author Archive
Canada home prices may rise 10 per cent in 2010: report
Posted by: editors note in First time home buyers, New Homes and Condos, Real estate industry news, Real estate market updates on December 2nd, 2009
Canadian home-resale prices are likely rise in 2010 at an even faster pace than this year but a dangerous bubble probably won’t develop, TD Economics said in study published on Tuesday.
Genworth launches new video series designed to help educate homebuyers
Posted by: editors note in First time home buyers, Genworth Financial advice on November 19th, 2009
Genworth Mortgage Insurance Company Canada (”Genworth Financial Canada”) introduces a new video series designed to educate homebuyers about the buying process and how to achieve homeownership sooner.
Homebuilders lining up to become licensed for energy efficiency
Posted by: editors note in First time home buyers, New Homes and Condos, Tips for Green Living on November 4th, 2009
(NC)—It’s easy being green, at least for builders of new homes in Canada. The trend towards building energy-efficient homes has never been hotter as more and more builders across Canada are calling Natural Resources Canada (NRCan) to become licensed builders under their energy-efficient new homes initiatives.
New home sales up 113 per cent in September
Posted by: editors note in First time home buyers, Real estate industry news, Real estate market updates on October 23rd, 2009
New home sales surged 113 per cent in the Greater Toronto Area in September, with the high-rise condo market finally coming to life to join the rally in low-rise new home sales that began earlier this year, the Building Industry & Land Development Association announced today.
There were 3,883 new homes and condos sold in the GTA in September, according to RealNet Canada Inc., BILD’s official, independent source of new home market intelligence.
Canadians remain passionate about homeownership, Genworth
Posted by: editors note in First time home buyers, Genworth Financial advice, Real estate industry news on October 22nd, 2009
The desire for homeownership is alive and well in Canada, with many Canadians willing to go to great lengths for it. According to the Genworth Mortgage Insurance Company Canada (”Genworth Financial Canada”) First-Time Homebuyer’s Monitor released today, 68 per cent of renters said they would be willing to delay major purchases and more than half would give up vacations in order to own their own home.
Renovation tax credit boosts home improvement projects in Canada: RBC survey
Posted by: editors note in Home decor, Home improvement tips, Real estate industry news, Real estate market updates on October 22nd, 2009
A majority (63 per cent) of Canadian renovators plan to take advantage of the federal government’s home renovation tax credit this year and close to half (47 per cent) have done more renovations because of the tax break, according to a new RBC study.
Get $10,000 cash back at Village Creek by Cherrywood Homes
Posted by: editors note in Cherrywood Homes on October 21st, 2009
Buy now at Village Creek and receive $10,000 cash back at Cherrywood Homes’ spectacular new Pickering Village community. Don’t wait to explore the unique collection of luxury freehold townhomes, each featuring a beautiful view of the ravine.
MLS home sales grow stronger in the third quarter
Posted by: editors note in New Homes and Condos, Real estate industry news, Real estate market updates, Resale homes on October 16th, 2009
CNW Telbec/ – National resale housing activity climbed to the highest level of any third quarter on record this year.
Actual (not seasonally adjusted) home sales via the Multiple Listing Service Systems of Canadian real estate boards totalled 135,182 units in the third quarter of 2009, according to statistics released by The Canadian Real Estate Association (CREA). This is the highest level of activity on record for the period from July to September. The number of transactions was up 18 per cent from the third quarter of last year, representing the biggest year-over-year increase since early 2002.
TD Canada Trust changes residential mortgage rates
Posted by: editors note in Mortgage questions, Real estate industry news, Real estate market updates on October 12th, 2009
TD Canada Trust has changed its mortgage rates, effective October 14, 2009.
The changes are as follows:
Fixed Rates To: Change:
———–
6-month convertible 4.60% N/C
1-year open 6.55% N/C
1-year closed 3.75% N/C
2-year closed 4.20% +0.30%
3-year closed 4.75% +0.30%
4-year closed 5.29% +0.35%
5-year closed 5.84% +0.29%
6-year closed 6.10% N/C
7-year closed 6.60% N/C
10-year closed 6.70% N/C
The best of Brampton awaits you at Rosedale Village
Posted by: editors note in Pemberton Group on October 9th, 2009
Located in Brampton, Rosedale Village Golf & Country Club is a private, secure, gated community that caters to adult households of all ages. Just a short drive to shopping malls, hospital, biking trails, parks, conservation areas, GO and public transit, and major Highways 410, 407, and 401, this well-established community has everything you need close at hand.
