by Mahmud Naqvi | Jun 17, 2009 | In the News
Greater Toronto REALTORS® reported 5,185 transactions in the first half of June – an increase of 19 per cent compared to the same period last year. “Households in the GTA have become more confident in purchasing a home over the past three months,” said...
by Mahmud Naqvi | Jun 12, 2009 | In the News
Sales of luxury properties in the Greater Toronto Area posted their strongest performance on record in May 2009, according to RE/MAX Ontario?Atlantic Canada. Two hundred and seventy?three high?end homes changed hands in May 2009, up six per cent from 258 reported...
by Mahmud Naqvi | Jun 3, 2009 | In the News
In May 2009, Greater Toronto REALTORS® reported 9,589 sales, up almost two per cent from May 2008 – the first annual increase since December 2007. The seasonally adjusted annual rate of sales in May was 81,3001. “The resale housing market in the GTA has remained...
by Mahmud Naqvi | Sep 25, 2008 | In the News
Luxury home sales hold steady in most major markets across the country, says RE/MAX – Two-thirds of markets surveyed report upswing in the number of upper-end homes sold in 2008 Luxury home sales have outperformed virtually all other residential price points...
by Mahmud Naqvi | Jun 19, 2008 | In the News
“Homeownership continues to be primary objective” While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer amortization periods and alternative housing types have offset the impact on most major markets across...
by Mahmud Naqvi | Jun 10, 2008 | In the News
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent, much to the surprise of most finance gurus. Apparently its the energy costs that are driving this rate stability. Bank of Canada Governor Mark Carney was...
