May 29th, 2010
What a positive evaluation of Canada!!! I am talking about fresh predictions of the economic and employment situation in 2010 and 2011, recently released by the Organization for Economic Cooperation and Development.
(OECD About Canada continued...)May 28th, 2010
I just cannot believe how quickly time goes by! A long expected event which is to place in Toronto, the G20 summit, is almost here. Is our city ready? Mayor David Miller is very optimistic about it and is convinced that the security preparations are “as strong and robust as they can possibly be anywhere in the world”.
(G20 Summit Almost Here continued...)May 27th, 2010
Another report about the continuation of the rising prices of homes in Canada! Teranet National Bank Composite House Price Index shows that in March 2010, home prices were 11.6 percent higher than in the same month just a year ago. From February 2010, the growth was not great, just 0.3 percent, which demonstrates an almost fully recovered economy.
(Higher Home Prices continued...)May 26th, 2010
Home ownership costs in Canada continue to rise, according to the report published yesterday by the Royal Bank Canada. Not only does it show that, but it shows the Housing Affordability Index has noticeably worsened over last three months, RBC also predicts it to be even worse as 2010 goes by.
(Home Affordability in Canada continued...)May 25th, 2010
There is great news for Torontians who like to enjoy culture every once in a while. The North American debut of a musical called Priscilla, Queen of the Desert is taking place at the Princess of Wales Theater right here in our city. There is not long before this musical arrives, in fact it is this October, so few months to go, before going on to perform on Broadway next spring.
(New Musical in Toronto continued...)May 23rd, 2010
Earlier this week, Statistics Canada reported that last month, Canada’s index of leading economic indicators grew once again – for the 11th month in a row. The April rise was slightly higher than expected by the economists.
(Economy Is Still Growing continued...)May 22nd, 2010
Fresh info about the housing market in GTA is here! Greater Toronto Realtors reported that during the first two weeks of this month, 4,887 sales through the Multiple Listing Service were recorded in the area.
(GTA Housing in May continued...)May 21st, 2010
More positive news! March was a pretty successful month when considering the wholesale sales in Canada. Not only had they increased for the fourth time in five months, but the rise was lot faster than many economists had predicted. The overall prediction was a 0.6 percent growth, but it was actually more than twice this amount – the sales rose by 1.4 percent to $44.4 billion according to Statistics Canada.
(March Sales in Canada continued...)May 19th, 2010
My last article was trying to give you some tips on how to deal with bad neighbors. But let’s be honest with ourselves too – sometimes we all have our moments and if it doesn’t concerns us directly, then we rarely realize we are not ideal neighbors either. So how do we stop becoming bad neighbors? That is what this article aims to, at least partly, give an answer to.
(Be A Good Neighbor continued...)May 16th, 2010
Seems like next month will be extremely eventful in Toronto! Amongst other things, you can look forward to the annual Canadian Film Center’s Worldwide Short Film Festival taking place during first six days of June.
(Short Films Festival in Toronto continued...)May 15th, 2010
The Canadian Association of Accredited Mortgage Professionals (CAAMP) has released the results of its survey. It demonstrates that the borrowers in Canada are “remarkably mature”.
(Responsible Canadian Homeowners continued...)May 13th, 2010
Another month of rising home prices in Canada! As Statistics Canada announced on Wednesday, the prices for new homes in our country increased by 0.3 percent in March 2010, which is a 0.1 percent higher rise than February. The new house price index was up in March, too. It grew by 1.6 percent from March 2009. That is a 0.7 percent higher rise than the annual rise in February.
(Home Prices Increased continued...)May 12th, 2010
Latest data about the housing starts in the Toronto Census Metropolitan Area were published, on Monday, by the Canada Mortgage and Housing Corporation. They show that after a drop in March, housing starts started growing again in April.
(Housing Starts in April continued...)May 11th, 2010
If you have ever purchased a home, you probably know what ‘final walkthrough’ means. Almost every buyer has to go through it at some point; normally it is completed shortly before the final closing. It is basically the very last check, or inspection, of the property before the buyer finalises purchase.
(Final Walk-Through continued...)May 10th, 2010
Finally, there is great news on the employment front after a period of unemployment and job losses. Last month was extremely successful and Canada recorded the most significant rise in employment on record (which go back to 1976), Statistic Canada announced in Ottawa.
(Good Employment News continued...)May 9th, 2010
Fresh data about GTA housing, in April, has just been published in a report by the Toronto Real Estate Board! It states that 10,898 sales through the Multiple Listing Service were reported this past month by the Greater Toronto REALTORS. From April 2009, that means a 34 percent rise.
(GTA Housing in April continued...)May 7th, 2010
The prices of Canadian homes are going to drop slightly in 2011. This is what the Toronto-Dominion Bank forecasted on Wednesday. The reason, according to the bank, is that the increasing interest rates (the economists of the bank are expecting the Central Bank to raise them in June), are going to reduce the ability of the people to purchase property.
(Canadian Home Prices to Drop continued...)May 6th, 2010
Sixth monthly gain in a row! This is what can be said about the Canada’s economy, which grew once again in February 2010. The overall increase was actually not very significant, just 0.3 percent. The biggest boost was provided by the Vancouver Olympics, according to Statistics Canada.
(Olympics Boosting the Economy continued...)May 5th, 2010
CMHC has just released a new Market Overview Report. It deals with the state of the Canadian housing market economy and its trends for the month of March.
(Canadian Housing in March continued...)May 4th, 2010
A new report released on Tuesday, by the Edward Jones investment firm, claims that in Canada a housing bubble may well be slowly developing. The reason is that the prices of homes are increasing much faster than economic fundamentals warrant.
(A Bubble in Canada? continued...)May 3rd, 2010
Think about the following two scenarios. The first being, you have moved into your new home and it is almost too perfect. However, it has one irritating problem – the neighbors. The second is you have lived in your home for years; you like it and have no intention of moving away.
(How To Deal With Bad Neighbors continued...)May 1st, 2010
Once again, the Economist Intelligence Unit has published a list of the most livable cities in the world. According to the list, in 2010, the best city to live in is Vancouver – it achieved 98 percent out of 100.The second place belongs to Vienna, with 97.9 percent and Melbourne, with 97.5, came in third.
(Livable Toronto continued...)
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