http://treblogs.com Toronto Real Estate Market reported by Toronto's premier agent bloggers Mon, 06 Apr 2009 15:39:43 +0000 http://backend.userland.com/rss092 en March resale housing results show year-over-year sales down 7% and median price down 2.5%. 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 ... http://treblogs.com/?p=74 But Canadian residential real estate is overvalued by as much as 25%, a study warns Canadian homeowners should be prepared for a fall in housing prices, warns a study that estimates homes in most cities are overvalued, and by as much as 25%. With the exception of Toronto and Edmonton, houses ... http://treblogs.com/?p=73 Article from today's Globle and Mail by Rob Carrick There's disturbing news for people trying to sell homes in a Canadian real estate market where buyers may be getting the upper hand. A nascent trend in the U.S. market has buyers not only tromping and gawking their way through homes ... http://treblogs.com/?p=72 Toronto real estate has been on a roller coaster ride over the past 40 years, with soaring highs, gut-wrenching lows, strange twists and heart-stopping turns. As an investment, you could always count on upscale areas like Rosedale, Forest Hill and the Bridle Path to produce good long-term returns. But if ... http://treblogs.com/?p=71 1. CURB APPEAL - Paint the door and window trim - Mow the lawn, prune the hedges, and buy gorgeous potted flowers in nice containers to place at the entrance - Replace old door hardware, knockers and welcome mats - Wash the windows, brickwork, railings, driveway and sidewalk 2. DECLUTTER - ... http://treblogs.com/?p=70 The trend toward more balanced market conditions continued in June with 8,600 properties changing hands, Toronto Real Estate Board President Maureen O'Neill announced today. It is important to note that in this release you will also find market numbers specific to the resale housing activity in 2006 and 2007. This comparison ... http://treblogs.com/?p=68 Buying a home can be a long, complicated and frightening process, and it is important to be prepared. Knowledge is power when it comes to negotiating the difficult world of home prices, interest rates and mortgage loans. For a first time home buyer, there are many factors to consider before ... http://treblogs.com/?p=66 Realtors required to confirm the buyer's ID. Canadian realtors are bracing for a customer backlash starting today, as they become new foot soldiers in the battle against money-laundering. Federal regulations that kick in today will force realtors to start asking property sellers and buyers personal information never before required. In ... http://treblogs.com/?p=65 Older age group is growing fastest in luxury neighbourhood For decades, analysts have been talking about the impact of Baby Boomers on everything from consumer preferences and health care needs, to labour markets and housing demand. The strength of the condominium market, in particular, has been a testament of this process ... http://treblogs.com/?p=64 Resale price growth lowest in seven years The Canadian real estate market is being flooded with homes, causing prices to start falling in some key markets, according to the Canadian Real Estate Association. The average price of a home sold last month in the country's top 25 markets was $337,071, an ... http://treblogs.com/?p=63