Yearly Archives: 2013

Early exit from closed mortgage can cost you dearly

If you sign a mortgage deal for five years, you should ask how much you’ll pay if you leave early. The penalties can be shocking. When you buy a house and sign up for a fixed-rate mortgage, you probably don’t ask about the cost of getting out early. But life is full of surprises — […]

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Tarion new home protections may be extended to condo conversions

Regulator of new home and condo industry studying feasibility of protecting buyers of older buildings The regulator of Ontario’s new homes industry is studying the feasibility of extending warranty protections to condominium conversions. The creation of new condos in old buildings — be they former churches, hotels, industrial or other structures with previous lives that […]

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GTA REALTORS® RELEASE MONTHLY RESALE HOUSING FIGURES

TORONTO, May 3, 2013 — Greater Toronto Area REALTORS® reported 9,811 sales through the TorontoMLS system in April 2013, representing a dip of two per cent in comparison to 10,021 transactions in April 2012.  Both new listings during the month and active listings at the end of April were up on a year-over-year basis.  “Despite […]

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GTA REALTORS® Release Rental Market Report

Greater Toronto Area REALTORS® reported a substantial increase in the number of condominium apartments rented through the TorontoMLS system in the first quarter of 2013.  There were 4,277 condominium apartments rented – up by almost 13 per cent on a year-over-year basis. The total number of rental properties listed on TorontoMLS during the first quarter […]

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