Recent Blog Posts by Ash Chopra

Canadian home sales edge higher in April

  OTTAWA – May 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity edged up by less than one per cent in April 2012. Highlights: Home sales up 0.8% from March to April. Actual (not seasonally adjusted) activity stood 11.5% above levels in April 2011. The size of the year-over-year increase reflects ...

First Time Buyers Boost Program By Daniels

ATTENTION FIRST TIME BUYERS 1 PARK PLACE Daniels Buyer Boost Innovative Down Payment Program provides an INTEREST FREE & PAYMENT FREE FOR AN ADDITIONAL %10 of the Purchae Price, turning a %5 down into a %15 down!!! For More info, email me and I will send you the Info Package!!  Excellent value, prices should be out by summer, location is going through a huge revitalization and will be a vibrant ...

Luxury Condo Glut about to flood Toronto

  TORONTO – Five months after buying one of Toronto’s new luxury hotel condominiums, Oliver Baumeister is girding for a glut of suites like his to hit the market as the biggest names in the hotel business open hundreds of units in Canada’s largest city. Baumeister, himself a real estate agent, is in no rush to sell. When Toronto’s untested market for five-star condo ...

Canada’s surge in hiring, housing starts could mean rate hike this summer

  Friday’s stronger than-expected job numbers could help push Canada’s GDP to 3% in the second quarter, a development that could spur the Bank of Canada to begin hiking rates this summer, one economist said Friday. Data from Statistics Canada on Friday revealed that 58,200 new jobs were added in April, following on the back of a strong March hiring spree, when the economy added ...

Assessment Appeals

Deadline  Ontario is in the midst of a four-year property tax reassessment and for the 2009 taxation year it's possible your property could have been assessed too aggressively. I am advising taxpayers they have an option. The Municipal Property Assessment Corporation (MPAC), is accepting Requests for Reconsiderations until March 31, 2010. If you feel that you are over assessed, I ...