Mid-November TREB Sales Stats
November 17, 2016 – Greater Toronto Area REALTORS® reported 4,051 home sales through TREB’s MLS® System during the first 14 days of November 2016. This result represented a 13 per cent increase compared to the first two weeks of November 2015, during which time 3,584 sales were reported. Sales were up strongly for all major…
Read MoreTroubleshooting Garage Door Safety
Most homeowners take their garage door for granted. But the garage door is the largest moving component of your home, and when not properly maintained, it can pose a serious safety threat to family and visitors. An annual inspection and a few simple precautions are all that is necessary to keep it operating smoothly. The…
Read MoreUncommon Tips For Making Your Home Show Better
Most people know the basics of preparing a home for a viewing or an open house. But, there are a number of lesser known tips — tips you often don’t hear about — that can make your home even more attractive and desirable to potential buyers. In the kitchen, for example, it’s obvious that the…
Read MoreLengthening Your Amortization Can Allow Financial Flexibility
There are two types of amortizations: the paper, and the effective. The paper amortization is the number written on your initial mortgage payment contract, and the effective amortization is the actual, real-world version of your payments. These two numbers can significantly vary over time. It is worth considering setting, or re-setting at renewal or refinance…
Read MoreGTA Realtors® Release October Housing Market Figures
TORONTO, November 3, 2016 – Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,768 sales through TREB’s MLS® System in October 2016 – up by 11.5 per cent compared to October 2015. For the TREB market area as a whole, the largest annual rate of sales growth…
Read MoreResidential Mortgage Rates as of November 2, 2016
Term Fixed Closed Rate 6 months 3.95% 1 Year 2.29% 2 Year 2.09% 3 Year 2.34% 4 Year 2.49% 5 Year 2.29% 7 Year 2.98% 10 Year 3.89% Prime = 2.70% Variable Closed (5 yr) = Prime minus 0.50% = 2.20% Variable Open = Prime plus 0.80% = 3.50% Secured Credit Lines = Prime plus…
Read MoreWinter Roof Tips
As important as the roof on your house is, it can sometimes be overlooked when it comes to regular maintenance and repair. And with winter on its way, one of the biggest threats to your roof is a process known as ice damming. When you have icicles or ice dams caused by moisture penetration during…
Read MoreGet Your House Winter Ready
Severe weather elements can put a strain on the outside of your home. Getting it ready for winter can help avoid costly repairs and could indirectly keep your insurance premiums low. “There are a few simple steps that homeowners can take to prepare their homes for winter,” advises Tracy Laughlin, Vice President, Personal Lines, Ontario…
Read MoreGTA Realtors® Release Q3 Condo Report
TORONTO, October 24, 2016 – Toronto Real Estate Board President Larry Cerqua announced that condominium apartment sales reported through TREB’s MLS® System in the third quarter of 2016 were up by 22.1 per cent on a year-over-year basis to 8,014. Over the same period, new listings for condominium apartments were down by 13.3 per cent.…
Read MoreGTA Realtors® Release Q3 Rental Market Report
October 24, 2016 – Toronto Real Estate Board President Larry Cerqua announced that the number of lease agreements signed for condominium apartments listed on TREB’s MLS® System was down by 4.8 per cent on a year-over-year basis to 9,164 in the third quarter of 2016 compared to 9,629 a year earlier. Over the same period,…
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