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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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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  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 TREB President Maureen O’Neill. “Affordability, due in part to very [...]

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A poll released today by the Ontario Real Estate Association (OREA) indicates that two-thirds (65%) of Ontario’s principal residence homeowners oppose the recently proposed McGuinty government mandatory home energy audit program and instead overwhelmingly favor voluntary audits (92%). Moreover, the poll found that 70 per cent of Ontario homeowner’s think that mandatory home energy audits [...]

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(NC)-The home seller understands the way to any potential homebuyer’s heart is through the kitchen. Over the years, the kitchen has shed its once humble beginnings as a place to simply prepare and serve meals, to more of a place where friends can socialize over a glass of wine or where children can do their [...]

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If you’ve spent years waking up to wood-panelled walls and soft shag rugs, some home renovations, especially if you’re thinking of selling your home, may be in order.  Before picking up a sledgehammer, however, it’s worthwhile to know the cost of updating your decades-old décor, and the degree to which those costs will be recouped [...]

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