June 30th, 2010
Photo by Anne
Almost every child dreams about growing up, having a successful career, buying a great house and having an amazing family. Becoming an adult and have our own place to live in is a dream that is not so clear anymore. Renting comes into consideration, too. True, in most cases, it’s eventually better to buy a home than to rent. But sometimes, the latter can be pretty good and it also has its own benefits.
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Buying Vs Renting continued...)
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June 30th, 2010
Rock walls of Casa Loma
by Austinevan
Austinevan has interesting photostream, where he shares the best shots from his travels. This photo from Casa Loma Castle in Toronto is one of them. Secret passageways, breathtaking towers, grand staircase… this castle is full of surprises. Best choice for today’s trip!
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Rock Walls of Casa Loma continued...)
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June 28th, 2010
There was a surprisingly big decline in Canadian retail sales in April. The sales fell by 2 percent (which is the biggest fall since December 2008) to $36.2 billion, Statistics Canada reported in Ottawa last week.
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Retail Sales Declined continued...)
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June 28th, 2010
Bloor Street Viaduct by Bren Barnes
Maybe Bren Barnes was just driving by that evening, when he took this enjoyable photo of Bloor Street Viaduct in Bridle Path’s Don Valley. Beautiful sunset, thanks for stopping, Bren!
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Don Valley Viaduct continued...)
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June 25th, 2010
The long expected G20 Toronto summit is just around the corner! It’s everywhere you look, that’s IF you can actually get anywhere. Trains have been cancelled, there are policemen and security people everywhere, so just moving around the city can be a tough journey, honestly.
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G20 Summit Is Here continued...)
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June 25th, 2010
Cats and Walk Around Toronto
Bloor Street is not only east–west residential and commercial thoroughfare of Toronto, it is as well full of hidden treasures. One of them revealed by Blundering Numbskullery in this photo of the day!
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Bloor Street Treasures continued...)
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June 24th, 2010
Canada Mortgage and Housing Corporation have released the results of a survey regarding seniors’ residencies. According to these results, the vacancy rate amongst such residencies is now at 10.8 percent, which means a 1.6 percent rise since 2009.
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Senior Accommodation continued...)
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June 23rd, 2010
The Bank of Canada has released its new financial system review! It claims that since December 2009, 3 out of the 5 major economy risks have grown, one remained about the same and one fell. Our financial system is now facing great risk due to global problems.
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Economy Forecasts continued...)
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June 23rd, 2010
Life in Bloor West Village is colorful in many ways. This photo was taken on Bloor Street West and Runnymede Road in Toronto by Natasha Dunn… One almost can hear the accordion sound!
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Life on the Bloor Street continued...)
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June 22nd, 2010
Do you live in a house with your children and your parents? In spite of the fact that this scenario seems to be more common in old movies, it is actually becoming more and more usual nowadays, than it was a few years ago. As with everything, multiple generations living under one roof will have positive and also negative sides. I hope to show you some of them in this article. If you are now contemplating moving with your parents this may also help you a little.
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Multiple Generations Homes continued...)
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June 21st, 2010
Royal Ontario Museum by Bob Kelly
Aren’t these days an ideal opportunity to go and check an interesting exhibition? Fresh photo of the building of the Royal Ontario Museum in Rosedale, designed by architect Daniel Libeskind and Bregman & Hamann Architects – taken by Bob Kelly.
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Great Day to Check a Museum! continued...)
Posted in Neighbourhoods, Rosedale, Toronto Photos | 1 Comment »
June 20th, 2010
Surprising news! Wholesale sales in Canada declined by 0.3 percent to $44 billion from March to April, Statistics Canada announced. Four out of seven wholesale categories tracked by Statistics Canada showed a drop in April. After the March rise of 1.2 percent, the predictions of economists for April were not negative – generally, the sales were predicted to increase by 0.4 percent.
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Wholesale Sales Decline continued...)
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June 19th, 2010
The first two weeks of June have passed and the Toronto Real Estate Board has, as usual, released some fresh, interesting housing statistics for the month so far! According to Greater Toronto Realtors, 4,139 sales through the Multiple Listing Service were recorded in our area during the first half of this month.
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June Housing News continued...)
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June 17th, 2010
It is a little easier to find an apartment for rent, in the great Canadian cities, now than it was just a year ago! This is what Canada Mortgage and Housing Corporation claims in one of its reports.
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Increasing Vacancy Rate continued...)
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June 16th, 2010
Royal Bank of Canada has recently released a quite optimistic statement about the Canadian economy! It predicts that during this quarter, our country may fully recover from the recession it has gone through. The positive looking situation could be threatened by the debt crisis in Europe.
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GDP Expectations continued...)
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June 15th, 2010
Playing with football by Ghedo
Football fans from the Toronto area, here is some good news for you! As the Canadian Football League Commissioner, Mark Cohon, announced at the end of last week in Toronto, the 2012 Grey Cup game – the 100th one in the history, is going to take place at the Rogers Center in the city.
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Grey Cup in Toronto continued...)
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June 13th, 2010
Second homes or vacation homes have become quite trendy and usual over the past couple of years. I am quite sure that, if it is not you, you know of someone who owns a home used just for holidays, weekends and relaxation. However, after purchasing the property, many people suddenly find it is useless (or not used as much as they expected) and realize it may cost them more than they predicted and so on.
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Second Homes continued...)
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June 12th, 2010
Home Prices Rose Again
photo by Chris Vecchio
Prices of new home in Canada rose again in April, for the 10th month in a row! The growth was not that significant though. It was identical to the March figures, just 0.3 percent, Statistics Canada announced on Thursday.
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Home Prices Rose Again continued...)
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June 11th, 2010
More news about the Canadian housing situation in May of this year! As Canada Mortgage and Housing Corporation announced, the seasonally adjusted annual rate of housing starts was 189,100 units last month, which suggest a not-so-slight decline from the April level of 201,800 units.
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Decline in Housing Starts continued...)
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June 9th, 2010
Europe’s debt crisis may have quite a significant impact on the Canadian economy! As our Finance Minister Jim Flaherty claims, Canada certainly is not an island and could very well be affected by the situation in Europe.
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Europe Influencing Canada? continued...)
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June 8th, 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!
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Anne Murray Charity Golf Classic in Support of Colon Cancer Canada! continued...)
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June 8th, 2010
Another month has gone by, which means that new figures about GTA housing are here! As for May 2010, Greater Toronto Realtors reported 9,470 sales through the Multiple Listing Service. The figures are not that bad, but if compared to May 2009, there was a 1 percent drop.
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GTA Housing in May continued...)
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June 7th, 2010
Paper ship by Falko
Statistics Canada came with fresh employment news on Friday! From the results, it seems like Canada is actually doing just fine even in the labor market. After a fabulous April, May was pretty good too. About 24,700 new jobs were created in our country and the unemployment figures, for May, stood at 8.1 percent.
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Employment News continued...)
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June 6th, 2010
Interest rates in Canada are not so low anymore! Just as expected, the Bank of Canada has decided to raise the key lending rate on June 1st. The overnight rate is now 0.5 percent. Out of all the G7 states, our country is actually the first one to raise the rates since the financial crisis started in July 2008.
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Higher Interest Rates continued...)
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June 5th, 2010
The prices of Canadian homes are going to drop in 2011! This is a prediction released by the Canadian Real Estate Association on Wednesday. The association expects the home prices in our country to drop by 2.2 percent during the next year. The main factors influencing the fall are the poor figures in two of the important provinces – Ontario and British Columbia.
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Home Prices to Drop? continued...)
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June 3rd, 2010
If you are a tenant, first of all, try to pay the rent on time. Remember, you have to pay for using the home, so be responsible and do not make the landlord wait. Also, try not to be too wild and do not damage the house or the backyard. Even though it is not yours, so you are not damaging your own property, try to take care of everything just like it was your own. Importantly, only as many people as agreed upon should live there – be honest and do not get roommates behind your landlord’s back.
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Landlords and Tenants continued...)
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June 2nd, 2010
Ontario Hydro Waves
by Reto Fetz
April housing starts showed fabulous results according to reports in the Greater Toronto Area! As Canada Mortgage and Housing Corporation stated in a freshly released report, housing starts in our area almost doubled this April if compared to April 2009. Their level for the fourth month of this year was 2,794 units.
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GTA Housing Starts in April continued...)
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