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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...

Filed under: Real Estate, For Sale, For Rent, Events, Announcements, Sale, Business, Retire, REIT, investment, Commercial, Toronto, Ontario, Residential, Opportunity, Executive Homes, MLS, West Toronto, Neighborhoods, Buy, Luxury, Buyers, Residence, Condo Townhouse, Townhouse, Property, Condominium, Condo, First-Time Buyers, Retirement, FSBO, Emerging Markets, Sell, Mortgages, CMHC, Interest Rate, Housing Demand, Mortgage, Interest Payment, Bank, Interest, Home Prices, Finance, Dollar, GDP, Canadian Interest Rate, Financing, Report, Household Income, Market Share, Sellers, New Condominium Development, Pre-Sale Event, Real Estate Agent, Assignment Fee, selling, North America, Clients, Housing, Pre-Construction Condo, Condo Assignment, Internet, agent, Lease, Financial Turmoil, Recession, Credit cruch, For Lease, Income Producing Properties, Economy, Resale Housing Market, GTA

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...

Filed under: Real Estate, Events, Technology, Industry, Point2, Announcements, Sale, REIT, investment, Small Business, Commercial, Downtown, Toronto, Ontario, Opportunity, Vacant Properties, Luxury, Property, Emerging Markets, Sell, Mortgages, CMHC, Interest Rate, Housing Demand, Mortgage, Interest Payment, Bank, Interest, Finance, Mortgage Rates, GDP, Canadian Interest Rate, Report, Renovation, Household Income, Market Share, Sellers, Real Estate Agent, North America, Housing, Income Producing, Internet, Lease, Financial Turmoil, Recession, Credit cruch