Posts Tagged ‘new condominiums’

Canada home prices may rise 10 per cent in 2010: report

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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.

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Genworth launches new video series designed to help educate homebuyers

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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.

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New home sales up 113 per cent in September

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.

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Canadians remain passionate about homeownership, Genworth

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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.

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August new home sales up 62 per cent

CNW-Sales of new high-rise condominium suites stabilized in August while sales of new low-rise (single-detached, semi-detached and town-homes) homes spiked by a dramatic 163 per cent, resulting in a 62 per cent increase in total new home sales, August over August, the Building Industry & Land Development Association (BILD) revealed today.

According to RealNet Canada Inc., there were 3,074 new homes and condos sold in the Greater Toronto Area in August, 2009. Monthly high-rise sales were up for the first time this year, albeit very modestly, while low-rise unit sales continued on the exceedingly hot pace of the last several months.

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Number One Bloor, Canada’s most prestigious real estate development is now in trusted hands

3aabac1b4bceae613c02fe5435b2 Number One Bloor, Canadas most prestigious real estate development is now in trusted hands

The acquisition of Number One Bloor by Tuscany Ridge Developments Inc. – an affiliate of Toronto-based Great Gulf Group of Companies – becomes official today, paving the way for Toronto’s most prestigious address to soon boast a new landmark building.

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INCOMING ACMO BOARD ANNOUNCES NEW INITIATIVES

acmo logo INCOMING ACMO BOARD ANNOUNCES NEW INITIATIVES

 

 

 

 

 

The Association of Condominium Managers of Ontario (ACMO) is pleased to announce the Board of Directors for 2009/2010.

Chris Antipas, Vice President of ICC Property Management was elected President of the Board with Dean McCabe (Brookfield Residential Services) elected to the position of Vice President.

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First-time buyers driving force in Canada’s residential real estate markets, says RE/MAX

A report released today by RE/MAX confirms that entry-level purchasers are now the engine driving home-buying activity in almost every major centre in Canada.
The 2009 RE/MAX First-Time Buyers Report, highlighting first-time buying
activity in 32 residential housing markets across Canada, found that improved affordability is prompting many first-time buyers to get off the fence, out of the rental, and into the market. While a sense of caution still prevails, more and more first-timers are finding it hard to pass up the chance to become homeowners in today’s buyer-centric real estate climate.

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