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Key Indicator Alert: Real Estate Housing Trends - Key Indicator Forecast for 2008 - 2009
06 November 08 07:12 AM | PLANIT real estate inc | (Comments Off)   
The Economy Canada’s real gross domestic product (GDP) fell by 0.1 per cent in the first quarter of this year as inventory accumulation suffered a significant slow down. The inventory correction shaved over one percentage point off of GDP, while Read More...
Bad Economic Times: Impact on Canada's Housing and Real Estate Market (Status: BUYERS MARKET)
20 October 08 04:42 PM | PLANIT real estate inc | (Comments Off)   
Resale Housing Market in Toronto and GTA drops to pre 2005 levels CURRENT TORONTO REAL ESTATE MARKET STATS Our real estate market is now: - 18% lower than 2007 or - 10% lower than 2006. - 21% drop in sales in Toronto same period a year ago - 16% drop Read More...
Global Financial Crisis - Canada's Financial Outook
20 October 08 02:03 PM | PLANIT real estate inc | (Comments Off)   
Recession is here! (We will refer to it as the 'R' word because it is a bad word to say). THE PROBLEM We are looking at a "severe and virtually unprecedented blow to the financial system". We were all thinking this is a housing bubble Read More...
Most Intending to Buy a Home in 2007 are First-Time Home Buyers
24 July 07 06:13 AM | Toronto Real Estate Blog | (Comments Off)   
According to CMHC’s newly released Renovation and Home Purchase Report - Major Market Highlights, a large share of intenders will be first time buyers. Close to half (48 per cent) of purchase intenders will be first time buyers with the majority...( Read More...

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