GTA REALTORS® Report Monthly Resale Housing Market Figures TORONTO, January 6, 2011 -- Greater Toronto REALTORS® reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009. “Market conditions were anything but uniform in 2010. We went from super-charged sales activity during the first four months of the year, to a marked drop-off in transactions in the summer and then in the fall saw sales climb back to levels that are sustainable over the longer term,” said TREB PresidentBill Johnston. “New Federal Government-mandated mortgage lending ...
Market Watch Summary + Video from Toronto Real Estate Board
January 18, 2011
Geothermal: Sharing the Costs of Housing Infrastructure
December 4, 2010
In Winnipeg, a major subdivision has incorporated a unique feature into all its homes – geothermal heating. While geothermal systems have become quite commonplace in residences, the Manitoba experiment involves shared geothermal infrastructure, with one field and a handful of heat exchange systems servicing hundreds of homes. The idea of shared infrastructure for homes is not new. Indeed, in the early 1900s, huge numbers of homes across Canada were constructed with shared living rooms (parlours), shared kitchens, and sometimes, shared bathrooms. Apartments are nothing more than homes with shared infrastructure, albeit a series of boxes stacked so as to ...
A quick guide to buying your first home in Canada
November 22, 2010
Deciding to purchase your first home may seem like a daunting task, but it doesn't have to be. Knowing what resources to gather before starting your search is key. So before you buy, make sure you know the basics. The right home for you Deciding on what type of property is right for you is the first of many steps. You'll also need to answer the following questions before any decisions are made: how many people will reside there? Do you want to live in a city centre or in the suburbs? Are transportation, local amenities and nearby entertainment priorities ...