Toronto, Mississauga Real Estate Information

The April 19th deadline is quickly approaching, and you can feel the rush in the active March real estate market.   Sales for the GTA were up 70% from the same time last year reported the Toronto Real Estate Board members.   Finance Minister Jim Flaherty new mortgage rules are being aimed at stopping housing speculators ...

The Basics on how the HST is calculated if you are a Home Buyer, Seller, Landord or Tenant.  The Ontario provincial government has provided rules/guidance on how it will transition to the implementation of the proposed Harmonized Sales Tax.   How the HST will work:     The Ontario provincial government has ...

Canada's red hot housing market may get a little hotter following the federal government that new mortgage rule changes are coming to discourage cash-light buyers and speculators.Market analysts say those who were just managing to qualify for government-insured mortgages may rush into the market before stricter rules take effect ...

The Real Estate market at a Glance:The Toronto Real Estate Board reported an increase of 74% in sales in the first two weeks of February, 2010 compared to the same period in 2009 when resale transactions dipped due to the recession..The mid February sales total was 7.7 percent above the previous high set in 2006.  .The Average price of a ...

We will probably see another surge in sales as First Time Buyers rush to qualify for a mortgage before the April 19th new mortgage qualification changes take effect..The new rules are mostly aimed at speculators trying to buy multiple properties, and homeowners trying to refinance to the max. .. There seems to be some confusion on the impact ...

Here are my favourite Top Real Estate Headlines coming into the February 2010 market.  The latest Toronto and GTA market stats plus general info you need to know when buying or selling.. Sales Start off Strong in 2010January  sales were off to a great start!  GTA realtors reported 4,986 transactions in January ...

Toronto Real Estate Board, Dec 2009The Toronto Real Estate Board reported more good news for Home Owners.   One of the shining stars in this economy has been the real estate industry with house prices continuing to climb and build equity for consumers.   2009 has also been one of the best years to renew or ...

Toronto / GTA Housing Market Predicted to Hit 80,000 Sales       TREB stats for September showed a 28% increase in sales.   The average price for September transactions was worth $406,877, up by 10% compared to the same month last year.We have experienced an increasing rate of existing home price ...

HST Update as of June 22, 2009  While the new Harmonized Sales Tax (HST) has not yet come into effect, home buyers and sellers should keep an eye on the provincial governments progress.   The main objective is to combine the current 8% Provincial sales tax with the 5% federal GST tax, creating a new 13% harmonized tax - the ...

Spring brought positive news to the Toronto Real Estate market, to many peoples surpise the market rebounded in spite of global economic news. .Resale House Sales up 2% over May of 2008:  .The Toronto Real Estate Board reported 8,589 sales for the month of May,  that's up almost 2 percent form May 2008.  Along ...