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RECENT BLOG POSTS
Greater Toronto Area - New Listings - Monthly Trends - December 2011 The number of new listings over the year has seasonal trends as shown by the chart below which tracks new listings in the Toronto Real Estate Board MLS® system from January 1995 to December 2011.  In general, the number of new l...
01/08/2012
Four Year Average Resale Home Prices - Greater Toronto Area - December 2011 The chart below shows that the average resale home price has been trending upwards from January 2008 to December 2011.  There are recurring seasonal trends throughout the entire time period shown on the chart.  For exampl...
01/08/2012
La taxe de vente augmente de 1% sur Janvier 1, 2012 Le Janvier 1, 2012, la taxe de vente du Québec («TVQ») est en augmentation de 1% de 8,5% à 9,5%. La TVQ est perçue sur les marchandises haut de 5% l'impôt fédéral et services («TPS»). Par conséquent, l'augmentation de la TVQ en vigueur sera de ...
12/31/2011
Sales tax increases by 1% on January 1, 2012 On January 1, 2012, the Quebec Sales Tax ("QST") is increasing 1% from 8.5% to 9.5%.  The QST is charged on top of the 5% federal Goods and Services Tax ("GST").  Therefore, the effective QST increase will be 1.05%. A sample calculation of the QST: Sel...
12/31/2011
OREA and CREA Fees Due on January 31, 2012 Real estate brokers and sales representatives who are members of the Toronto Real Estate Board ("TREB") are reminded that their calendar 2011 CREA and OREA fees must be paid to TREB on or before January 31, 2012.  If you do not pay your CREA and OREA fee...
12/31/2011
Greater Toronto Area - Housing Sales - Monthly Trends - November 2011 The number of sales reported in the Toronto Real Estate Board's ("TREB") MLS® over the year has seasonal trends as shown by the chart below which tracks sales in TREB's MLS® system from January 2008 to November 2011.  In genera...
12/25/2011
Four Year Average Resale Home Prices - Greater Toronto Area - November 2011 The chart below shows that the average resale home price has been trending upwards from 2008 to November 2011.  There are recurring seasonal trends throughout the entire time period shown on the chart.  For example, price...
12/25/2011
Greater Toronto Area - New Listings - Monthly Trends - November 2011 The number of new listings over the year has seasonal trends as shown by the chart below which tracks new listings in the Toronto Real Estate Board MLS® system from January 1995 to November 2011.  In general, the number of new l...
12/25/2011
What is closed on New Year's Day 2012 in Markham, Ontario? Sunday, January 1, 2012, is New Year's Day in Ontario.  Since New Year's Day is a statutory holiday, there will be many closures.  In addition, some services will operate on a holiday schedule.  Below is a list of some of the closures for...
12/18/2011
What is closed on Boxing Day 2011 in Markham, Ontario? Monday, December 26, 2011, is Boxing Day in Ontario.  Since Boxing Day is a statutory holiday, there will be many closures.  In addition, some services will operate on a holiday schedule.  Below is a list of some of the closures for Boxing Da...
12/18/2011
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