Owner: KeyCanadaBlog.ca URL:www.keycanadablog.ca Join Date: Wed, 23 Jul 2008 10:33:38 -0500 Rating:0 Site Description: Official blog for KeyCanada.ca - Keep up-to-date with recent Canadian real estate news and trends. Also visit KeyCanada.ca for free real estate listings - Homes, Apartments,Commercial real estate, and parking spaces. Site statistics:Click here
What is your house worth? 2008-07-23 09:57:00 Ever wonder how much your home is really worth? Well you might be finding out soon as new values — updated from Jan. 1, 2005 to Jan. 1, 2008 — are being applied to all Ontario real estate from small, single family homes and condos to apartment blocks and mansions, from small shops to massive [...]
Sleepover ‘Test Drive’ - It is a good idea? 2008-07-18 11:13:30 The Canadian housing market is slowly shifting towards a buyers market, which often means buyers have greater negotiation power when it comes to price or the ability to squeeze out extra perks from sellers. So should buyers ask to sleep over ? and should sellers agree?
From the buyers’ perspective it is an excellent opportunity to [...] Read more:Sleepover
, Test Drive
Top 10 Real Estate Blunders 2008-07-16 16:14:45 Buying and selling real estate in today’s tumultuous, highly demanding marketplace is not for the faint of heart. Below are a number of basic pitfalls that buyers and sellers should avoid. (source: Forbes)
1. Not Using a Buyer’s Agent
2. Not Getting Loan Pre-Approval
3. Having Unclear Goals
4. Forgoing Home Inspections
5. Not Shopping Mortgages
6. Overpricing
7. Limiting Showings
8. Fa Read more:Estate
, Real Estate
Canada Real Estate News Roundup - July 16th, 2008 2008-07-16 15:51:15 Saskatoon’s real estate market among most balanced: CREA (canada.com) - July 16th, 2008
Day of bad news for the economy (therecord.com) - July 16th, 2008
Economy takes triple hit (Toronto Star) - July 16th, 2008
Resale home listings increase, sales slip: real estate association (CBC) - July 15th, 2008
Bank of Canada
faces crucial rate cut choice [...] Read more:Estate
, Estate News
Housing Crisis - Is Canada Next? 2008-07-11 20:12:57 Australia Home Lending At Lowest Level Since 1991
“HOME lending growth has suffered its biggest decline since the 1991 recession while inflation continues to soar, confronting the Reserve Bank with the dilemma of a slowing economy and simultaneously rising prices as it meets today to set interest rates.” … level.html
U.K. House Prices Drop Most on [...] Read more:Canada
, Crisis
, Housing
Ontario Real Estate News Roundup - July4th, 2008 2008-07-05 13:44:08 ‘Challenging times’ for Ontario
(ottawacitizen.com) - July 4th, 2008
GTA Resale Housing More Balanced in June (TREB) - July 4th, 2008
Economic rebound spurs ’sigh of relief’ (Globe and Mail) - July 1st, 2008
Today’s suburbs, tomorrow’s slums? (Globe and Mail) - June 30th, 2008
S-s-s-s: The sound of air escaping Muskoka’s real-estate balloon (Globe and Mail Read more:Estate
, Estate News
Canada’s Best Places to Live - 2008 2008-06-25 08:41:07 MoneySense magazine published its third annual list of Canada
’s only by-the-numbers guide to the best places to live, along with rankings for the best weather, the best places to retire and the cheapest real estate. According to the report the top 10 best places to live in Canada are:
1. Ottawa, Ont.
2. Victoria, B.C.
3. Fredericton, N.B.
4. [...] Read more:Places
Ontario Real Estate News Roundup 2008-06-16 13:30:52 Take Action on Affordable Housing, GTA REALTORS® Tell City (TREB) - Monday, June 16, 2008
West Coast resort targets Ontarians (Globe and Mail) - Friday, June 13, 2008
Technical signs flash warning for house market (Toronto Star) - Friday, June 13, 2008
Vacancies headed for historic bottom (Toronto Star) - Thursday, June 12, 2008
TREB [...] Read more:Estate
, Estate News
, Ontario
Canadian Real Estate News Roundup 2008-06-16 13:20:58 Surge in New Listings Slows Increase in Canadian
House Prices (CEP News) - Monday, June 16, 2008
‘Green’ lease debuts in commercial real estate (Law Times) - Monday, June 16, 2008
Canada existing home sales dip 0.5 percent in May (Reuters) - Sunday, June 15, 2008
Canadians need to dig out as debt load [...] Read more:Estate
, Estate News
Most popular recreational property markets in Ontario for 2007. 2008-08-07 16:16:32 A survey conducted on behalf of Mortgage Intelligence Inc. and GMAC Residential Funding of Canada Ltd has found that one in seven Canadians own a recreational property
and one in four would like to purchase one in the future. Below is a list of the most popular
recreational property markets in Ontario
Lake Huron
Grand Bend
Average starting [...]
Toronto ranked the 54th most expensive city 2008-07-30 17:12:02 According to the Worldwide Cost of Living survey 2008 – City ranking published by Mercer, Toronto
is the most expensive city for expatriates in Canada and 54th worldwide, jumping 28 places from last year. All other Canadian cities in the survey have experienced similar rises, with Vancouver moving from 89th to 64th (score 85.8 ), [...]
Top 10 Things Not to Do Before Closing 2008-07-30 16:58:13 There’s lots of mortgage no-no’s but here are 10 off the top of our heads…
10. Make large undocumented bank deposits
9. Fail to disclose you’re on probation with your employer, maternity leave or disability
8. Close credit accounts with zero balances
7. Co-sign a mortgage or loan for someone else
6. Change your job from full-time to part time
5. [...]
How To Buy A Vacation Home With Another Family 2008-07-29 08:39:52 Sharing a vacation home seems like such a naturally great idea. But purchasing real estate with people you like and/or love can create the kind of problems that end those valued relationships. Dreams of good times, shared vacations and watching everyone’s kids grow up together can be replaced with broken furniture, angry calls about “holiday [...] Read more:Family
, Vacation
Homebuying Step by Step 2008-07-24 12:41:38 Are you looking to buy a home? If so, CMHC has a few tips to make things easier for you by providing the information you need to make a wise homebuying decision.
Step 1 — Is Homeownership Right for You?
Buying a home is one of the biggest financial and lifestyle decisions you will make, so it [...]
Most popular recreational property markets in Western Canada for 2007 2008-08-20 17:09:42 A survey conducted on behalf of Mortgage Intelligence Inc. and GMAC Residential Funding of Canada
Ltd has found that one in seven Canadians own a recreational property
and one in four would like to purchase one in the future. Below is a list of the most popular
recreational property markets in Western
Canada.
MANITOBA
Lake Winnipeg
Average starting [...]
Real Estate News Roundup - August 20th, 2008 2008-08-20 17:06:50 Three Canadian cities to be featured on latest global Monopoly game
The Canadian Press
Canadian banks keep the taps open
Globe & Mail
CIBC World Markets sees softening in Canadian household credit
The Canadian Press
Ontario Launches Strategy To Reduce Poverty
AHN
U.S. housing starts dip to [...] Read more:August
, Estate
, Real Estate
Real Estate News Roundup - August 16th to 18th, 2008 2008-08-18 18:49:31 New greenbelt criteria offer Ontario’s construction industry greater certainty
Daily Commercial News
Siren call of the south
The Chronicle Herald
The U.S. Housing Slump Has Yet To Hit Bottom
CNW Group
Cottaging in Ontario’s deep south
Toronto Star
Heading for a soft landing
National [...] Read more:August
, Estate
, Real Estate
Real Estate News Roundup - August 15th, 2008 2008-08-15 12:07:23 US foreclosure filings surge 55 percent
The Associated Press
‘Made in Canada’ label taking on new cachet in giftware marke
Ottawa Citizen
Housing Woes Building
Financial Post
Soft Ontario housing market fuels concern
Globe & Mail
Prices for detached homes down, but are still at the high end
Globe & Mail
For more real estate Read more:August
, Estate
, Real Estate
Most popular recreational property markets in Eastern Canada for 2007 2008-08-15 11:53:00 A survey conducted on behalf of Mortgage Intelligence Inc. and GMAC Residential Funding of Canada
Ltd has found that one in seven Canadians own a recreational property
and one in four would like to purchase one in the future. Below is a list of the most popular
recreational property markets in Eastern
Canada.
NEWFOUNDLAND/LABRADOR
Eastern coastline
Average starting [...]
Is 25% of Real Estate in Canada Really Sold Privately?? 2008-09-15 08:14:47 There was a post here recently by a FSBO company blogger that claimed that to be a fact.
You have to ask yourself is it all hype to promote the FSBO services offered?
In reading the post I noticed that the poster claimed that no real estate agents are involved when you purchase from a builder. Hang on [...] Read more:Canada
, Estate
, Real Estate
Just In Time for TIFF: Festival Tower Final Release of Suites 2008-09-11 08:27:45 Festival Tower
Condos at King and John, the world’s first Film Festival and Condo! Well, I believe the official marketing slogan is “One Part Condo. One Part Film Festival”. Sales began in this building a couple years back, and construction is well underway, however, in conjunction with the Toronto International Film Festival (TIFF) currently over-taking [...] Read more:Festival
, Final
, Release
, Suites
Ottawa Market Holding Steady 2008-09-08 12:10:44 Although the number of residential properties sold in August decreased by 9.2 per cent over August last year, the Ottawa
Real Estate Board says the market is very steady. Members of the board sold 1,187 residential properties in August through the board’s Multiple Listing Service system, compared with 1,307 in August 2007. There were 1,418 sales [...] Read more:Market
New Listings Hit a Record High 2008-09-05 08:52:03 While residential sales activity fell in July, new listings of existing homes hit a record high resulting in a market that is more favourable for buyers than sellers. The Canadian Real Estate Association announced that residential listings on the nationwide Multiple Listing Service reached a total of 80,147 units, up 1.4 per cent from June [...] Read more:Record
Interview with Don Lawby, President of Century21 Canada 2008-08-29 09:56:50 As president and COO of Century
21 Canada
, Don Lawby is one of Canada’s longest-serving real estate executives. Don has been part of Century 21 Canada’s management team since 1979 and has held the office of President
since 1988. We recently had the opportunity to talk to Don about the launch of Century21 Canada’s new [...]
July Statistics for New Condo Sales 2008-08-27 14:18:57 When it comes to real estate statistics, I always take everything with a grain of salt. Fact is, most real estate statistics are compiled and released for general media consumption by the real estate industry: Real Estate Boards, CMHC, Real Estate Marketing companies, Realtors, Lenders, etc. They have a vested interest in a robust housing [...] Read more:Condo
, Sales
, Statistics
KeyCanada.ca announced as a finalist in the “Red Herring Canada Top 50″ competition. 2008-08-26 16:41:58 Red HerringCanada
announced today that KeyCanada Real Estate Listings Inc. has been selected as a finalist in their search for the top 50 most innovative and promising companies in Canada.
“We are very excited to be recognized on this highly-selective list.” said Cormac Trainor, President of KeyCanada Real Estate Listings Inc. “It is very encouraging [...] Read more:competition
Tomorrow: Exclusive Interview with Don Lawby, President of Century21 Canada 2008-08-25 12:06:13 Tomorrow, KeyCanada
Blog.ca will be interviewing Don Lawby, the President
of Century
21 Canada Limited Partnership. Don was instrumental in the creation of Century21 Canada’s brand new web site Century21.ca and was a key panelist at this summer’s Inman Connect conference. The interview will be posted on KeyCanadaBlog.ca tomorrow evening. Read more:Exclusive
World Property Markets Continue to Worsen 2008-10-02 16:32:38 As financial markets tumble, the world’s housing markets have continued to slide during the year to end-Q2 2008.
Inflation-adjusted house prices fell in 21 out of the 33 countries for which there is up-to-date published data.
The Baltics, the US, the UK and Ireland led the global decline during the year to end-Q2 2008, the latest date [...] Read more:Continue
, Markets
, World
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