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Market Stats

March resale housing results bring positive news

In March 2009, Greater Toronto REALTORS® reported 6,171 sales – down seven per cent from March 2008, representing the smallest year-over-year decline in the last five months. The average price for March transactions was $362,052 – down less than five…

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Another Rate Cut in the Future

Came across an interesting article posted in the Toronto Star. I’m not sure another rate cut is going to make any difference. Financial institutions have tightened up their lending belts and new rates aren’t going to make a difference if…

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2,500 Sales in December, 74,000 in 2008

There were 2,577 sales in December 2008, compared to the 4,646 recorded during the same month in 2007, and the 4,447 recorded in December 2006. Sales for the whole of 2008 were 74,552, compared to the 93,193 recorded in 2007,…

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Over 3,600 Sales In November

The 2008 year-to-date sales for the GTA was recorded at 72,086 from last year’s 88,695. The year-to-date GTA average price was $379,489 from last year’s $375,445

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It’s Not All Doom & Gloom

The media would like to have people believe that Toronto's real estate market is in a post apocalyptic state. This is not so. There are Buyers and there are Sellers. Michael Manley, owner of Prudential Properties Plus…

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