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Toronto Real Estate Prices up 33% in March

Thursday Apr 6th, 2017

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  Toronto Real Estate Board announced that Greater Toronto Area reported 12,077 residential sales through TREB’s MLS® System in March 2017.   This result represented a 17.7 per cent increase compared to the 10,260 sales reported in March 2016.   For the TREB market area as a whole, annual sales growth was strongest for condominium apartments and detached houses. The number of new listings also increased on a year-over-year basis, at 17,051 – a... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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