Real Estate Curve

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Archive for the ‘News’ Category

Jul-23-2012

Vancouver tilts to buyers market, Toronto to balance

Home sales slide

Today’s home sales report from the Canadian Real Estate Association shows shifts in the markets favouring buyers or sellers.

Read The Article

Posted under News
Apr-17-2012

Mortgage Rates For Ontario Canada As of April 12 2012

Here are the most upto date mortgage rates in Ontario Canada as of April 12 2012

Posted under News
Jun-19-2011

Market Update June 19,2011

Seller’s Market still in full force with the summer beginning in less than 2 weeks…It doesn’t look like it will slow down in July or August…

Will the interest rates for mortgages increase? We will find out shortly.

Posted under News
Jun-14-2011

Mortgage Rates for Week of 13th of JUNE 2011 in the Greater Toronto Area

Terms Bank Rates Our Rates
6 Month 4.45% 4.40%
1 YEAR 3.60% 2.64%
2 YEARS 3.95% 3.30%
3 YEARS 4.25% 3.52%
4 YEARS 4.89% 3.54%
5 YEARS 5.39% 3.59%
7 YEARS 6.29% 4.79%
10 YEARS 6.65% 4.99%

Rates are subject to change without notice. *OAC E&OE

Prime Rate is 3.00%

Variable rate mortgages from as low as Prime – .80%

Rates based from Dominion Lending Centres Prestige

Posted under Financing, News
Jun-12-2011

Mississauga June 2011 Market Update

Houses are flying off the market like hot bread.
Buyers are getting angry with multiple offers.
Sellers are happy for a sellers market, they will sell high, but majority of the time, they still got to buy, remember (You sell high you buy high)

June 2011

Posted under Buyer, First Time Buyers, News, Seller
May-12-2011

Greater Toronto Area Real Estate Sales Statistics Summarized – April 2011

GTA Real Estate Sales Statistics Summarized – April 2011

Year To Date Sales: Down 14%

Active Listings: Down 24%

Year To Date Selling Price: UP 6%

Posted under News
May-3-2011

Mortgage Rates May 2011 GTA

Here is a list of rate you can expect from most mortgage brokers in the greater Toronto area

Terms Bank Rates Our Rates
6 Month 4.45% 4.40%
1 YEAR 3.70% 2.64%
2 YEARS 4.05% 3.40%
3 YEARS 4.55% 3.62%
4 YEARS 5.19% 3.79%
5 YEARS 5.69% 4.09%
7 YEARS 6.49% 4.79%
10 YEARS 6.85% 4.99%

Rates are subject to change without notice. *OAC E&OE

Prime Rate is 3.00%

Variable rate mortgages from as low as Prime – .75%

Posted under Buyer, First Time Buyers, News
Apr-22-2011

Mortgage rate for the greator Toronto area as of April 19 2011

Terms Bank Rates Our Rates
6 Month 4.45% 4.40%
1 YEAR 3.70% 2.64%
2 YEARS 4.05% 3.40%
3 YEARS 4.55% 3.62%
4 YEARS 5.19% 3.79%
5 YEARS 5.69% 4.19%
7 YEARS 6.49% 4.79%
10 YEARS 6.85% 4.99%

Rates are subject to change without notice. *OAC E&OE
Prime Rate is 3.00%

Variable rate mortgages from as low as Prime – .75%

Posted under Buyer, First Time Buyers, News
Mar-31-2011

Do you need a mortgage and home insurance?

Almost everyone who wishes to purchase their first real estate property needs a mortgage. If you have the cash great, you will not need a mortgage and may not get house insurance; but not getting house insurance will keep you up at night. What will happen to the biggest asset in case of a house fire, a house insurance will cover the cost of (fires, floods, etc). Be wise and protect yourself and your biggest asset get house insurance. Banks require you to get an insurance before you close on your property in order for them to give you the mortgage. Be smart get the right amount of insurance for the right amount of mortgage and the value of the property.

Posted under First Time Buyers, News
Mar-23-2011

2011 and 2012 Real Estate forcast for Ontario Canada

Predictions are set that in 2011 and 2012 house prices will only jump up by 2-3% as oppose to 2010 which had about 5% increase.
The banks are rumored that an increase might happen four times in the next 2 years, let’s hang on to see what will happen.
We are experiencing multiple offer situations in the early 2011, will the spring continue to show a strong sellers market? we will find out…

Posted under News
Mar-21-2011

Greater Toronto Statistics February 2011

Year to date we are 14% less in sales.
The year to date selling average price is up 5%
Average days on market went up by 23%

Posted under News
Oct-13-2010

Greater Toronto Area Real Estate Sales Statistics Summarized – September 2010

Greater Toronto Area Real Estate Sales Statistics Summarized – September 2010

All These Statistics Are Compared To September 2009…

In September we had 28% More Active Listings

Monthly Solds Is Down By 23%

Year To Date Solds 4% More

Year To Date Average Selling Price is 11% More

Posted under News
Sep-7-2010

Mississauga Real Estate Report, Meadowvale, Clarkson, Milton, Oakville, Brampton, Toronto Uptate

Greater Toronto Area Real Estate Sales Statistics Summarized – August 2010

All These Statistics Are Compared To August 2009

We have 25% MORE Active Listings
Monthly Solds 26% LESS
Year To Date Sales 8% MORE
Year To Date Average Selling Price 11% MORE

Posted under Moving, News
Jun-1-2010

Mississauga Meadowvale and GTA real estate update

In the Month of May 2010 the real estate in meadowvale, port credit, lorn park has seen a slow down in sales, good listings and decrease in multiple offer.
Great news, maybe this will balance out the market. Although still there isn’t enough listings as there were predicted as compared to last year this should out balance out through out the reminder of the year. What does the HST hold for us, it is just a few weeks away, will the vendors sitting on the fence list after HST takes effect stay tuned.

Posted under News
Mar-10-2010

Greater Toronto Area Real Estate Sales Statistics Summarized – February 2010

These Stats Are Compared to February 2009:

Active Listings –> 32% LESS

Monthly Sold –> 77% MORE

Year To Date Sold –> 81% MORE

Year To Date Average Selling Price –> 19% MORE

Sold Price To List Price –> 4% MORE

Average Days On Market –> 51% LESS

Posted under Buyer, News, Seller