July 31st, 2010
Wholesale sales in Canada surprisingly fell again in May, for the second month in a row. Overall sales only declined by 0.1 percent, to $44.1 billion, Statistics Canada announced earlier this week. The most significant factor influencing the decline was agricultural supplies, which declined by as much as 30 percent.
(Wholesale Sales Declined Again continued...)July 28th, 2010
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.
(Inflation Slowed Down continued...)July 28th, 2010
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!
(Edwards Gardens Park continued...)July 27th, 2010
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.
(Parking Fees In Canada continued...)July 25th, 2010
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.
(Rise of Interest Rates continued...)July 24th, 2010
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.
(July GTA Sales continued...)July 23rd, 2010
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.
(Sculpture over the fountain at Balfour continued...)July 22nd, 2010
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.
(Trouble With Real Estate Sales continued...)July 20th, 2010
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.
(June Housing Starts continued...)July 18th, 2010
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.
(Insolvencies in Canada Declining continued...)July 14th, 2010
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.
(Great Employment News continued...)July 14th, 2010
(Legally Blonde: the Musical…A Review continued...)
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July 11th, 2010
May did not disappoint! As Statistics Canada announced on Thursday, there was another increase in new home prices in Canada, for the 11th month running. The new Housing Price Index increased by 0.3 percent.
(Another Home Prices Rise continued...)July 11th, 2010
Q: I am an active, healthy person but I always get the afternoon "slump and fog" which has me running for something to give me energy. Could I have a blood sugar problem? Besides nuts, what else could I carry with me to avoid this hypoglycaemic type reaction?
(eMbody Fitness: Afternoon Slumps, Summer Berries continued...)July 10th, 2010
People in Canada are losing their optimism about the Canadian economy and specifically their financial future. This is what a telephone survey of 1,008 Canadians, recently conducted by Nanos, showed.
(Canadians Losing Optimism continued...)July 9th, 2010
A decline in home sales! That is what Greater Toronto realtors eported for the month of June. According to the report, there were 8,442 recorded sales through the Multiple Listing Service in the Greater Toronto Area this past month, which is a 23 percent fall from the 10,955 sold homes recorded in June 2009.
(Home Sales Declined in June continued...)July 8th, 2010
Recently the Toronto Real Estate Board has begun a campaign to promote the importance of signing a Buyer Representation Agreement (B.R.A.) when looking to buy your next home. Many Buyers have questions regarding why they need to sign this form.
(Why Should I Sign a Buyer Representation Agreement? continued...)July 7th, 2010
An Extreme Heat Alert has been issued for the city of Toronto. Temperatures will reach the high 30’s this week and with the humidity it will feel hotter than 40 degrees on these days.
(Summer in the City! continued...)July 7th, 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.
(Elli Featured on CNBC continued...)July 6th, 2010
April 2010 was not a really successful month for Canadian sellers! Statistics Canada has announced this week that purchasing by consumers in our country fell. Sales declined in slightly more than a half of the groups, 11 out of 21.
(Sales in Canada Declined continued...)July 4th, 2010
Royal Bank of Canada has once again released the results of its Consumer Outlook Index! It shows that in the second quarter of 2010, the consumer confidence of Canadians has not changed at all if compared to the beginning of the year.
(Unchanged Consumer Confidence continued...)July 3rd, 2010
Canada Mortgage and Housing Corporation have released some new figures regarding housing starts in the Greater Toronto Area from May 2010! They actually reached their highest level since the fourth quarter of 2008.
(GTA May Housing Starts continued...)July 1st, 2010
The population of Canada crossed an important mark in April! More than 34 million people (approximately 34,019,000) are living in our country, Statistics Canada announced. From January 2010, it means there was a 0.26 percent increase, which works out at an additional 88,100 people.
(Canada’s Population continued...)
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