Pad to Pad Newsletter February 2013

Who’s sick of winter, yet? Below are some interesting real estate news articles over the last month, you can click on the title to read the article from the original source. My favourites include: Rogue photographers illegally scales Toronto’s highrise buildings to capture breathtaking images.  Amazing pictures and video of Toronto in link. Wacky Real Estate … Read More

Positive Start to 2013 – TREB Market Watch January 2013

February 5, 2013 — Greater Toronto Area REALTORS® reported 4,375 transactions through the TorontoMLS system in January 2013. This number represented a slight decline compared to 4,432 transactions reported in January 2012. “The January sales figures represent a good start to 2013. While the number of transactions was down slightly compared to last year, the rate … Read More

Is there a prime rate cut in our future?

posted in: Buyers, Investors 0

By David Larock   Recently the Bank of Canada (BoC) met and, as expected, left its target overnight rate unchanged. More surprisingly though, the bank also eliminated its oft-repeated warning about near-term rate increases. Here is the exact wording from the announcement: “While some modest withdrawal of monetary policy stimulus will likely be required over time, … Read More

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