Archive for July 2013
Current Residential Mortgage Rates as of July 24, 2013
Term Rate 6 months 3.95% 1 Year 2.89% 2 Year 2.89% 3 Year 2.99% 4 Year 3.29% 5 Year 3.29% 7 Year 3.79% 10 Year 3.99% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.50% = 2.50% Variable Open = Prime plus 0.80% = 3.80% Courtesy of John Chrisanthidis, Mortgage Intelligence
Read MoreUnder The Spotlight – Wanless Park
Wanless Park is a very popular neighbourhood among families with young children. The main attraction is Wanless Park, an island of green space right in the centre of the neighbourhood. Wanless Park residents enjoy the convenience of being able to walk to all the local amenities including the Bedford Park Public School and Community Centre, the…
Read MoreAir Conditioning Myths
The green environmental cloak has enveloped many aspects of our daily lives and has caused shifts in our thinking and habits in many areas – saving energy and money all the while. With summer upon us, along with the inevitable heat waves and high humidity, a demand for air conditioning increases and even those most…
Read MoreVermiculite Insulation
Vermiculite is a type of insulation material that was installed in Canadian homes from as far back as the 1920s until around 1990. It is odourless, extremely fire-resistant, lightweight, easy to install and has excellent insulation properties. In fact, it was included as one of the recommended materials in the very successful CHIP (Canadian Home…
Read MoreGTA Realtors® Release Mid-July Resale Housing Figures
TORONTO, July 16, 2013 – Greater Toronto Area REALTORS® reported 3,603 residential sales through the TorontoMLS system during the first 14 days of July. This result represented a moderate increase of 2.2 per cent compared to the same period in 2012. Over the same time frame, the number of new listings entered into TorontoMLS was…
Read MoreQ2 Rental Market Report
TORONTO, July 16, 2013 – Greater Toronto Area REALTORS® reported 5,853 condominium apartments rented through the TorontoMLS system in the second quarter of 2013. This result was up by approximately 23 per cent in comparison to the second quarter of 2012. The number of condominium apartments listed for rent was up by over 15 per…
Read MoreToronto Neighbourhoods Under The Scope: July 2013
Find your neighbourhood below and see how June’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) June 2012 June 2013 % Change Active Listings 263 293 + 11.4% Sales 89 71 – 20.2% Average Price $878,505 $1,116,663 + 13.3% Days on Market 20 26 + 30.0% Avg % of List Price 100…
Read MoreGTA Realtors® Release June Resale Housing Figures
TORONTO, July 4, 2013 – Greater Toronto Area REALTORS® reported 9,061 sales through the TorontoMLS system in June 2013 – down by less than one per cent compared to June 2012. Over the same period, new listings were down by a greater rate than sales, suggesting market conditions became tighter. “The sales picture in the…
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