Archive for May 2013
Current Residential Mortgage Rates – As of May 29, 2013
Term Rate 6 months 3.95% 1 Year 2.74% 2 Year 2.69% 3 Year 2.55% 4 Year 2.99% 5 Year 2.74% 7 Year 3.49% 10 Year 3.64% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.60% = 2.40% Variable Open = Prime plus 0.80% = 3.80% Courtesy of John Chrisanthidis, Mortgage Intelligence
Read MoreOutdoor Living Space Project Tips
Spring is a popular time for homeowners to get outside and apply some good old sweat equity to their home investment. Winter months cooped up inside can spawn some creative ideas and solutions that backyard DIY’ers can’t wait to apply. But unfortunately, perhaps in their haste, some homeowners are guilty of poor planning and fact-finding…
Read MoreUnder The Spotlight – High Park
High Park is home to a wide range of people. Its highly regarded schools including Humberside Collegiate attract many families with school age children to this neighbourhood. High Park contains numerous rental opportunities that are popular with singles and couples. There are also a handful of seniors accommodations within this neighbourhood. The topography of the High…
Read MoreGTA REALTORS® RELEASE MID-MAY SALES FIGURES
TORONTO, May 16, 2013 – Greater Toronto Area REALTORS® reported 4,476 transactions through the TorontoMLS system during the first 14 days of May. This result represented a decline of 9.7 per cent compared to the same period in 2012. Sales declines were larger for the City of Toronto, at 11.4 per cent, versus the surrounding…
Read MoreThe Basics of Home Security
Most people feel confident about the basics of home security. For example: Keep all doors locked. Have a light on in the house while away. Never hide a key outside in an obvious place, like under the mat. Yet, almost a million and a half properties get burglarized in North America each year. So how…
Read MoreCurrent Residential Mortgage Rates – May 13, 2013
Term Rate 6 months 3.95% 1 Year 2.74% 2 Year 2.69% 3 Year 2.55% 4 Year 2.99% 5 Year 2.79% 7 Year 3.59% 10 Year 3.69% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.60% = 2.40% Variable Open = Prime plus 0.80% = 3.80% Courtesy of John Chrisanthidis, Mortgage Intelligence
Read MoreUnder The Spotlight – The Beach
The Beach (also known as The Beaches) looks and feels more like a lakeside resort town, than a big city neighbourhood. In the summertime, thousands of Torontonians and tourists flock to The Beach to walk on The Boardwalk, exercise along the Martin Goodman Trail, relax by the water, or shop and dine at the colourful stores…
Read MoreUnder The Spotlight – The Annex
The Annex is Toronto’s most heterogenous community. Its residents include successful business people, prominent artists, University of Toronto students and faculty, and people from all walks of life. This is a vibrant neighbourhood that draws its energy from the University of Toronto, as well as from the bars, restaurants and nightclubs that crowd together along Bloor…
Read MoreToronto Neighbourhoods Under The Scope: May 2013
Find your neighbourhood below and see how March’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) April 2012 April 2013 % Change Active Listings 243 276 + 13.6% Sales 72 78 + 8.3% Average Price $1,029,618 $1,111,866 + 8.0% Days on Market 26 25 – 3.8% Avg % of List Price 99…
Read MoreGTA Realtors® Release April Resale Housing Figures
TORONTO, May 3, 2013 – Greater Toronto Area REALTORS® reported 9,811 sales through the TorontoMLS system in April 2013, representing a dip of two per cent in comparison to 10,021 transactions in April 2012. Both new listings during the month and active listings at the end of April were up on a year-over-year basis. “Despite…
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