February 2009 Toronto Real Estate Market Statistics

George O’Neill reviews the market statistics reported by the Toronto Real Estate Board outlining February 2009 housing resales.  Although the number of sales are down about 26% from the same time last year, the decline has slowed relative to January this year versus January last year.  As well, prices are down about 5% on average… Play Video

Toronto Real Estate Market Watch Report – January 2009

  The Toronto Real Estate Board today released the market statistics report for January 2009.  As expected, volumes are down, prices are down and time to sell is up.  However, there were still 2,670 single family homes sold across the Greater Toronto Area (GTA) in January. Toronto Vital Statistics: * Median Price across GTA dropped… Play Video

Canada vs. U.S.

  Most Canadians I believe are wondering when economic slowdown in the U.S. will hit Canada in earnest.  Well, the Toronto Star published the above results today about auto sales in the two countries, and generally in Canada sales are mixed but overall holding their own, while in the U.S. they are down across the… Play Video

Skate to Where the Money Will Be

  Warren Buffett recently wrote an article in the NY Times that I think is great reading, especially as the markets gyrate up and down.