Toronto Real Estate Board Members reported 3,008 sales during the first half of November, an increase of four per cent from the 2,886 sales recorded during the same timeframe in 2005, said Toronto Real Estate Board President Dorothy Mason .
“Although the holiday season is almost upon us, momentum from the autumn market has carried over [...]
The seasonally adjusted annual rate of housing starts rose to 223,200 units in October, from 209,000 units in September, according to Canada Mortgage and Housing Corporation (CMHC).
“The rise in housing starts in October reflects a rebound in the volatile multiple starts segment, which registered a two-year low in September,” said Bob Dugan, Chief Economist at [...]
In a precedent-setting decision, Ontario Superior Court Justice Randall Echlin this week nullified a mortgage that had been fraudulently placed on a property as a result of a fraud scam and identity theft. Judge Echlin stated that “it was incumbent upon the bank to exercise due diligence which might be able to prevent the fraud. [...]
Toronto resale housing activity remained strong in October, as 6,876 homes changed hands during the month, Toronto Real Estate Board President Dorothy Mason announced recently.
“The market has shown strong overall numbers despite having normalized from record activity,” Mrs. Mason said. “Year todate figures show this year within one and a half per cent of [...]
