Archive for April, 2009

Real estate sales in Toronto are gaining strength after suffering a steep decline over the past few months, according to the Toronto Real Estate Board.

Home construction rose unexpectedly in March, led by Ontario and Quebec, Canada Mortgage and Housing Corporation said Wednesday. There were 154,700 housing starts on an annualized basis during the month, up from a revised 136,100 units in February, the government agency said.

Mr. Jeffrey believes in the value of the real estate investment. If your job prospects are good, he says, “Relax, take a breath, be smart. If you don’t need that big flat screen TV, don’t buy it. But if you need a place to live, prices are down a bit, mortgage rates are stupidly low. It’s not a bad time [to buy].”

Home sales in Toronto fell 7% to 6,171 in March compared with the same month last year – but that’s a good thing. This was the smallest year-over-year decline in the past five months, the Toronto Real Estate Board (TREB) reported this week.

After much waiting, the Madison Avenue Lofts are finally reselling! If you missed out on getting one for the builder, your chance has come to get a piece of this amazing Annex loft conversion.