Just one more sign that the real estate development has gone mad in the GTA: Hopeful buyers were waiting up to three days to buy new property in Mississauga.
Lining up overnight for real estate is becoming a regular sight in Toronto, so much so that hopeful buyers are perfecting their own first-come, first-served etiquette.
This time, [...]
Condominium sales are at a record high in Toronto with 40 per cent of new home sales coming from condo purchases.
According to the Toronto Real Estate Board, 2,173 units sold in the city last month representing a 23 per cent increase in sales compared to June of last year. Ontario’s housing market continues to perform [...]
Toronto Mayor David Miller suffered his biggest political defeat on July 16th as council narrowly voted to delay any decision on bringing in two controversial new taxes until at least October.
In a 23 to 22 vote, council decided that any decision on new taxes on land transfers and vehicle registration should wait until after the provincial election.
Miller dodged questions after the [...]
Martha Stewart sold her Westport, Conn., estate for $6.7 million — 26 percent below the asking price.
The four-acre property, known as Turkey Hill, includes a 3,168-square-foot, three-bedroom farmhouse, built in the 19th century, a converted carriage house and a “party barn” that she used to entertain guests. The property also includes a pool and gardens. [...]
Canada’s housing market had another record month in June as the average price jumped more than 10 per cent.
The Canadian Real Estate Association said the average cost of a home was $335,180 last month, compared to $303,472 in June last year, an increase of 10.4 per cent.
Also in June, existing home sales rose to a [...]
Toronto Real Estate Has Best June Ever
Last month the Toronto Real Esatet Market recorded 10,451 sales for the best June performance ever, Toronto Real Estate Board President Donald Bentley announced on Kuly 7th. “June’s figure was up almost 20% over the 8,730 sales recorded during the same month in 2006, and down only slightly (6%) from May’s best-ever [...]
