Featured News

Elli Featured on CNBC

July 7, 2010

Last week CNBC did a report on why the real estate market did not crash in Canada. Based on Elli’s years of experience in the industry, she was approached by CNBC to provide her perspective on the current market situation. Additionally, one of Elli’s clients appeared on the show to express his feelings with regard to buying and selling a home in today’s climate.

Anne Murray Charity Golf Classic in Support of Colon Cancer Canada!

June 8, 2010

Elli and Anne Murray

Under sunny skies Elli had the opportunity to participate in the annual Anne Murray Charity Golf Classic in Support of Colon Cancer Canada!

What’s New in Toronto?

Inflation Slowed Down

July 28, 2010

Slow Down by A25

The annual inflation rate in Canada slowed down a little in June, Statistics Canada has announced this week. Excluding the eight volatile items, the rate fell from 1.8 to 1.7 percent last month. Moreover, the consumer price index increased by its slowest pace in seven months, by only 1 percent.

Edwards Gardens Park

July 28, 2010

Photo by Muhammad

Walking through the Edwards Gardens Park situated just east of The Bridle Path you may explore the beautiful world of nature. As Muhammad author of amazing photostream says: “This beauty is worth appreciating.” So lets have an eye on it!

Parking Fees In Canada

July 27, 2010

Photo by Duckie Monster

Toronto has the second highest parking fees among Canadian cities, the 10th Annual Parking Rate Survey of Colliers International conducted in June 2010 has found out. Not only that but the prices in the city increased by 10.2 percent over the year and they are predicted to continue rising due to supply and demand, the organization claims.

Rise of Interest Rates

July 25, 2010

Uphill climb by James Jordan

The Bank of Canada has just raised the key lending rate for the second time in a very short period of time! After no increases for months, raises for two months in a row may be a little shocking for borrowers. The bank, however, believes that our economy is healthy enough to survive the new level of the benchmark rate, 0.75 percent, with no significant difficulties.

July GTA Sales

July 24, 2010

Photo by Michael Caven

The July housing news is here! According to Greater Toronto Realtors, 2,790 sales through the Multiple Listing Service were recorded in GTA during the first 14 days of this month. Not very surprisingly, the number sold was significantly higher during the same period in 2009. 

Sculpture over the fountain at Balfour

July 23, 2010

Atomic by Loozrboy

City of Toronto is for sure full off beautiful details. Thanks to Loozrboy we can enjoy this extraordinary view of the modern sculpture that can be seen at the Rosehill Reservoir Park at Balfour near Sommerhill.

Trouble With Real Estate Sales

July 22, 2010

Broken bowl by Timlewisnm

Almost no real estate sale is absolutely trouble-free. It usually takes a lot of patience, energy and nerves. On many occasions it may seem like the sale is going very smoothly and nothing bad can possibly happen, but suddenly something unexpected occurs and ruins all those positive feelings. So what can go wrong with real estate sales? I will try to give some examples of what could go wrong, in this article.

June Housing Starts

July 20, 2010

Icarus by Steve Jurvetson

Housing starts in Canada fell again last month! As Canada Mortgage and Housing Corporation announced this week, the seasonally adjusted annual rate of housing starts was 189,300 units in June 2010. The fall from May with its 195,300 units, is as high as 3.1 percent.

Insolvencies in Canada Declining

July 18, 2010

To the Top by Alex Proimos

The total number of insolvencies (that is, bankruptcies and proposals) in Canada has been declining! From March to April 2010, they went down by 2.5 percent. Bankruptcies themselves fell by 1.3 percent, while the proposals decreased by 5.2 percent, the Canadian Office of the Superintendent of Bankruptcy reported earlier this week.

Great Employment News

July 14, 2010

Photo by Neal Jennings

Statistics Canada has revealed surprisingly fantastic results concerning employment in Canada! Job creation activity in the country in June 2010 was extremely high, about five times higher than it was expected. Approximately 93,200 jobs were created and the unemployment rate fell to 7.9 percent over the last month, which is the lowest level of unemployment since January 2009.