Archive for June, 2006

Toronto real estate. Mortgage news from CMHC

   Canada Mortgage and Housing Corporation (CMHC) is helping to make homeownership more affordable and accessible for Canadians by eliminating homeowner high-ratio mortgage insurance application fees, and offering insurance for mortgages with longer amortizations and more flexible repayment options.
    “These innovative financial solutions will allow more Canadians to buy homes, and to do so sooner,” [...]

Toronto News - Buy, Buy, Lord of the Rings!

 
The mammoth stage incarnation of The Lord of the Rings, which opened in March to much fanfare but little critical acclaim, will end its run in Toronto just three months after its premiere.
Producer Kevin Wallace announced Wednesday the production will close Sept. 3 before it moves on to the prestigious Theatre Royal, Drury Lane in [...]

Luxury real estate. Prince’s home on the market

The former home of international pop star ‘Prince’ is currently on the market. The property - located in El Paraiso, West Marbella - is offered for sale at a price of 4.25 million euros. 
    

easierproperty.com

STATISTICS FOR REAL ESTATE INVESTORS

Condo rents are rising in Toronto, says a rental market report by the Toronto Real Estate Board, with lease prices up in every category from January to April and the benchmark two-bedroom rate up 2% from $1,725 a month to $1,765.

IS THERE REAL ESTATE BUBBLE IN CANADA?

In Canada — where real estate is enjoying a record long bull market - there is no bubble to burst. And forecasts keep predicting a rosy housing future, even though affordability is being eroded by higher prices, which are averaging $367,226 in Toronto.Canada’s multi-year boom in multi-unit construction shows no sign of letting up.
What is [...]

TORONTO CONDO MARKET UPDATE

Toronto has the largest condominium market in North America. Last year, there were more than 16,000 condominium suites sold here — Chicago saw only 6,800 sales, New York City had 6,450 and Miami, 7,500. There are now 245 new condo projects in Toronto with suites ranging in price from $112,000 to $12 million.
Strength of the [...]