Posts by Elliot
GTA Realtors® Report August Resale Housing Figures
TORONTO, September 5, 2013 – Greater Toronto Area REALTORS® reported 7,569 residential transactions through the TorontoMLS system in August 2013. This represented a 21 per cent increase compared to 6,249 sales in August 2012. “Sales were up strongly this past August for all major home types compared to last year. Many households have accounted for…
Read MoreAgreement of Purchase and Sale – Clause Explanations
You have found the perfect home – one that satisfies your needs, most of your wants… and best of all, fits your pocketbook. Now it’s time to submit an offer, but understanding the Agreement of Purchase and Sale is essential towards successfully completing your house hunting expedition. Essentially, the offer is a precisely worded document…
Read MoreGTA Realtors® Release Mid-August Resale Figures
TORONTO, August 16, 2013 – Greater Toronto Area REALTORS® reported 3,359 sales through the TorontoMLS system during the first two weeks of August 2013. This result represented a 22 per cent increase compared to 2,743 sales in August 2012. Sales were up on a year-over-year basis for all home types. Total new listings were up over the same…
Read MoreCurrent Residential Mortgage Rates as of August 13, 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 3.19% 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 MoreToronto Neighbourhoods Under The Scope: August 2013
Find your neighbourhood below and see how July’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) July 2012 July 2013 % Change Active Listings 236 262 + 11.0% Sales 43 68 + 58.1% Average Price $995,291 $1,042,377 + 4.7% Days on Market 32 30 – 6.3% Avg % of List Price 97…
Read MoreGTA Realtors® Release July Resale Housing Figures
TORONTO, August 2, 2013 – Greater Toronto Area REALTORS® reported 8,544 residential sales through the TorontoMLS system in July 2013. Total sales were up by 16 per cent compared to July 2012. Over the same period, new listings added to TorontoMLS and active listings at the end of the month were up, but by a…
Read MoreCurrent 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 More