Media Clips

Real Estate Red Zone – Is Tarion Warranty Corp. Gouging Condo Investors? – Part 4

“I owe how much?” Real Estate Red Zone – Is Tarion Warranty Corp. Gouging Condo Investors? Part 4 Beware if you’re purchasing new to flip Bob Aaron Toronsto Star Apr 12, 2008 http://www.thestar.com/article/413122 Is Tarion on a campaign to extract a double set of registration fees and performance bonds (or fines) from investors who buy …

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Condo market remains buoyant, study shows [media clip]

March 08, 2008 New condo launches in the first two months of 2008 nearly doubled those in the first quarter of 2007, according to Urbanation, a Toronto-based condominium market research firm. Sales for nine new highrise condo projects were launched during January and February, compared to five for the same period last year. Jane Renwick, …

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Toronto Condo Boom: Globe and Mail sees “No End in Sight”

John Bentley Mays, the Globe’s Architecture critic recently held an online discussion with G&M readers with, the topic was: “Are cookie cutter condos ruining Toronto?”. Gotta love the media for setting the stage as if condos are “cookie cutter”. Wait a second, has anyone walked around downtown and looked at the semis and detached “beauties” …

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Project’s cool factor will appeal to young buyers

Feb 09, 2008 04:30 AM The Victory condo in Toronto’s entertainment and fashion district near King St. W. and Spadina Ave. will appeal to young urban professionals who want to live near some of the city’s hippest restaurants, shops, clubs and theatres. The design philosophy for the 12-storey condo by BLVD Developments incorporates elements from …

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Housing affordability to improve in 2008: RBC

Eric Shackleton THE CANADIAN PRESS With interest rates being lowered in hopes of avoiding a recession and mortgage rates declining in tandem, buying a house in Canada should become more affordable this year, real estate observers suggest. In its latest housing affordability report released Thursday, Royal Bank of Canada said that after homeownership costs climbed …

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Existing house sales to remain strong, realtors say

THE CANADIAN PRESS OTTAWA – Canada’s resale housing market will remain at or near record levels this year, the Canadian Real Estate Association predicted today. The realtors group said multiple listing service activity totalled a record 520,747 units in 2007, up 7.6 per cent from 2006 in the steepest increase since 2002, and this year’s …

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