To all our “Central Toronto Real Estate Blog” blog readers, we wish you a Merry Christmas And A Happy New Year 2016. Please continue reading our blog articles in 2016 and please share our blog articles with your friends, families and co-workers. Please share your comments and with us and please give us your feedback. […]
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CMHC finds foreign ownership of Toronto Condos low but growing
Canada Mortgage and Housing Corporation has crunched the 2015 numbers on foreign ownership of condos in Canadian cities and again concluded that it is low but growing. In Vancouver, about 3.5 per cent of condominiums were owned by foreign buyers in 2015, up from 2.3 per cent a year earlier. The percentage jumped in […]
Average house price in Canada up 9.5% to $448,862 in April, 2015
The average price of a Canadian resale home rose 9.5 per cent in the 12 months ending in April, 2015 and now stands at $448,862, according to the Canadian Real Estate Association. The national realtors group said Thursday that in addition to strong price gains, the was a much higher volume of houses sold, […]
3 Compelling Reasons To Buy A Home This Fall Season
Image credit: Hans via pixabay.com Sharon Voss, Realtor and president of the Orlando Regional Realtor Association, recently spelled out three reasons why she believes this fall could be a great time to buy a home in an article in HousingWire. According to Voss, those who buy in fall are likely to face less competition – […]
Paying Straight Cash In Home Buying – The Pros And Cons
With the recent mortgage bubbles still fresh in mind, no one can blame people who would wanna buy their next property in straight cash payment instead of going for loans. It sounds like a good idea, but here are its pros and cons if you are hesitant. PROS Of Paying Cash In Home Buying […]