Check out the Toronto Star’s NewinHomes.com for all the information on this exciting sales event.

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Two thirds of Ontario buyers will be unaffected by new HST , big ticket homes subject to increase

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Canadian home-resale prices are likely rise in 2010 at an even faster pace than this year but a dangerous bubble probably won’t develop, TD Economics said in study published on Tuesday. The average price of an existing home in Canada is expected to surge 9-10 percent next year to about C$346,000 as sales climb to [...]

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  Genworth Mortgage Insurance Company Canada (“Genworth Financial Canada”) introduces a new video series designed to educate homebuyers about the buying process and how to achieve homeownership sooner. The Homeownership Education video series is a part of the company’s ongoing commitment to better prepare Canadians for homeownership. The video series can be viewed at www.homeownership.ca, [...]

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New home sales surged 113 per cent in the Greater Toronto Area in September, with the high-rise condo market finally coming to life to join the rally in low-rise new home sales that began earlier this year, the Building Industry & Land Development Association announced today. There were 3,883 new homes and condos sold in [...]

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  The desire for homeownership is alive and well in Canada, with many Canadians willing to go to great lengths for it. According to the Genworth Mortgage Insurance Company Canada (“Genworth Financial Canada”) First-Time Homebuyer’s Monitor released today, 68 per cent of renters said they would be willing to delay major purchases and more than [...]

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Canadians who are considering purchasing their first home are primarily motivated by lower home prices and very low interest rates, but some require confidence in the economy and their employment prospects before they will enter the market, according to a report released by Royal LePage Real Estate Services. Eighty-six per cent of potential first-time buyers [...]

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CNW-Sales of new high-rise condominium suites stabilized in August while sales of new low-rise (single-detached, semi-detached and town-homes) homes spiked by a dramatic 163 per cent, resulting in a 62 per cent increase in total new home sales, August over August, the Building Industry & Land Development Association (BILD) revealed today. According to RealNet Canada [...]

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