The Masters News
Read the latest news on the local housing market and home buying developements in Ontario.
December 18, 2009
While low interest rates have enhanced affordability, they is only one factor contributing to the market's strength. The steady stream of newcomers to the Greater Toronto Area, all of whom have housing needs, are another important factor.
December 16, 2009
Bankruptcies tumbled and Canadians were buying more homes and cars this fall as indications mounted that the economy has finally shifted into a higher, forward gear. Fresh economic data released yesterday for the October-December quarter still in progress was almost universally positive, and strongly so, say economists.
December 3, 2009
Existing home sales rose for the third straight month in November, up 73 per cent from year ago levels, according to figures released today.
November 19, 2009
The composite leading index increased 0.7 per cent in October, its fourth straight advance. Statistics Canada reports eight of 10 components expanded, with housing still the fastest-growing component.
November 18, 2009
Hamilton's housing market will heat up next year as the area's economy shakes off the last effects of the recession. That's the verdict economists and analysts with the Canada Mortgage and Housing Corporation delivered to the agency's annual Hamilton Housing Outlook conference yesterday.
November 16, 2009
OTTAWA - The Canadian Real Estate Association says home resales improved 41.5 per cent year over year to 42,288 units in October, a record for the month.
New records for the month were reported in one-fifth of local markets, including Toronto, Montreal and Ottawa.
