Recent Blog Posts by CENTURY 21 Millennium Inc.

CANADIAN REAL ESTATE ASSOCIATION RELEASES LATEST RESALE STATISTICS

The Canadian Real Estate Association (CREA) has released the latest National Resale results that show an increase in sales. Click here to see details. 

Georgian Triangle's September 2010 Press Release

Click here to view the Georgian Triangle's September 2010 Press Release for the third quarter whiched showed it slowed in the third quarter this year compared 2009.

TORONTO REAL ESTATE BOARD'S OCTOBER 2010 RELEASE OF MARKET WATCH

 GTA REALTORS® Report Monthly Resale Housing Figures November 3, 2010 -- Greater Toronto REALTORS® reported 6,681 sales through the Multiple Listing Service® (MLS®) in October 2010. See details. Click here for complete Market Watch. pdf

Thinking About Purchasing a 2nd Home......What about HST?

As we all know by now, the new HST (Harmonized Sales Tax) will be taking effect as of July 1st, 2010. But now purchasing a newly build second home will cost a lot more then it has in the past with the new tax. Any type of home purchased, for example cottages, weekend condo's etc will be subject to HST, which means ten of thousands of dollars will be added onto the cost of your second home. This ...

Relax! It's just another market housing cycle.

House prices in Canada will not be going down the same road as the U.S. style pricing. Click here to view CREA's Housing Report.

TORONTO REAL ESTATE BOARD'S MARCH 2010 RELEASE OF MARKET WATCH

April 6, 2010 -- Greater Toronto REALTORS® reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 – the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948. See ...

ATTENTION: First Time Home Buyers

Buying your first home is one of the most exciting things in people's lives and now with the interest rates as low as they are, going from a Renter to a First Time Home Owner is easier than it ever has been. Many financial instituatins are offering great incentives to First Time Home Buyers. One of these incentives is a cash back option that can be put towards a downpayment. These ...

Mortgage Insurance Rules Announcement

Federal Finance Minister, Jim Fleherty, annouced prudent changes to mortgage insurance rules intended to come into force on April 19th, 2010. CAAMP (Canadian Association Of Accredited Mortgage Professionals) was actively engaged in the discussions around these changes, which are as follows: All borrowers must meet the standards for a five-year fixed rate mortgage even if you choose a mortgage ...

TORONTO REAL ESTATE BOARD'S FEBRUARY'S 2010 RELEASE OF MARKET WATCH

February Sales and Average Price Increase Annually March 3, 2010 -- Greater Toronto REALTORS® reported 7,291 sales through the Multiple Listing Service® (MLS®) in February, representing a 77 per cent increase over February 2009. The average price for these transactions was up 19 per cent year-over-year to $431,509. Sales and average price increases represent both increased demand for ...

Steady flow of newcomers buoys demand for sales

December 18, 2009 -- While low interest rates have enhanced affordability, they are only one factor contributing to the market’s strength. The steady stream of newcomers to the Greater Toronto Area, all of whom have housing needs, are another important factor says Tom Lebour the President of the Toronto Real Estate Board in his column in the Toronto Star. Please click here for full article ...

TORONTO REAL ESTATE BOARD'S NOVEMBER 2009 RELEASE OF MARKET WATCH

GTA Home Sales Remain Strong in November December 3, 2009 -- Greater Toronto REALTORS® reported 7,446 sales in November – slightly more than double the November 2008 result when GTA home sales had dipped markedly due to the economic downturn. Year-to-date sales were up 14 per cent compared to the first 11 months of 2008. See details. Click here for complete Market Watch. pdf

October a record breaking month for MLS® resale housing market

According to The Canadian Real Estate Association, sales activity reached the highest level ever for the month of October. Residential sales activity via the Multiple Listing Service® (MLS®) of Canadian real estate boards numbered 42,288 units. This is up 41.5 per cent compared to October 2008, when news of the global financial crisis hammered consumer confidence. New records for the month ...

Once again, the CENTURY 21 Brand provides more…

CENTURY21.ca delivers 3X the number of unique visitor per sales representative than any other competitive brand in Canada.  With 70 to 80% of home buyers starting their shopping process on line, make the choice to use Century 21 to sell your home and benefit from receiving more online traffic than any other Brand in Canada.  When buying home use the Century 21 website to find your ...