CMHC --- 2012/2013 -- STEADY REAL ESTATE MARKET PROJECTION

CMHC has released a newscast, stating real estate market will be steady in the coming 2 years.  It is tough to predict beyond that.  This is in the face of most economists predicting a doom scenario.  Most have made it a habit to cry WOLF every year for the last several years.  The fundamentals are good.  There may be a pocket in the Canadian market such as Vancouver where valuations are sky high.  For more details read the full article by CMHC at --- http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2012/2012-02-13-0815.cfm

Do you know who is India's Jawaai (Son-in-Law)?? SHAME TO US ALL INDIANS

Better see these videos and it is tale of the most corrupt Family --

http://youtu.be/eCiwB8GfyaI

http://youtu.be/F8veqRsdhEA

and many more 

City smashes 2nd quarter condo-sale record -- Home Sales also UP in JULY 2011

City smashes 2nd quarter condo-sale record

Prices Up 10%

Rahul so"I feel ashamed to call myself an INDIAN after seeing what has happened here in UP"

This came from Mumbai and thought you might find this interesting,

and this guy wants to be the next PM of India !!!

Must be in cahoots with the CIA, heh heh heh.

 

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Rahul Gandhi: "I feel ashamed to call myself an INDIAN after seeing what has happened here in UP".
*****************************************************************************************

PLEASE DON'T BE ASHAMED OF U.P YET
Please don't be ashamed of Uttar Pradesh yet. Congress ruled the State for the Majority of the duration Pre Independence to Post Independence.. from 1939 to 1989 ( barring the Periods of Emergency.. Thanks to your Grand Mom Indira G. and a couple of transitional Governments)

8 out of the total 14 Prime Ministers of India have been from UP, 6 out of those 8 have been from Congress...
I think your party had more than half a century and half a Dozen PM's to build a State...
The Reason Mulayam Singh, subsequently came to Power is because your party 
wasn't exactly Gandhian in their dealings in the State.. So May be If you look at in totality the present chaos in UP is the outcome of the glorious leadership displayed by Congress in UP for about 50 years!

So Please don't feel ashamed as yet Dear Rahul.. For Mayawati is only using the Land Acquisition Bill which your party had itself used to LOOT the Farmers many times in the Past!

WHY DIDN'T YOUR PARTY CHANGE THE BILL WHEN IT WAS IN POWER FOR SO LONG?
Not that I Endorse what Mayawati is doing.. What Mayawati is doing is Unacceptable..
But the past actions of your party and your recent comments, puts a question mark on your INTENT and CONSISTENCY.
 
YOU REALLY WANT TO FEEL ASHAMED ?
But don't be disappointed, I would give you ample reasons to feel ashamed...
You really want to feel Ashamed..?
First Ask Pranav Mukherjee, Why isn't he giving the details of the account holders in the Swiss Banks.
Ask your Mother, Who is impeding the Investigation against Hasan Ali?
Ask her, Who got 60% Kickbacks in the 2G Scam ?
Kalmadi is accused of a Few hundred Crores, Who Pocketed the Rest in the Commonwealth Games?
Ask Praful Patel what he did to the Indian Airlines? Why did Air India let go of the Profitable Routes?
Ask Manmohan Singh. Why/What kept him quiet for so long?
Are Kalmadi and A Raja are Scapegoats to save Big Names like Harshad Mehta was in the 1992 Stock Market Scandal ?

Who let the BHOPAL GAS TRAGEDY Accused go Scot Free? ( 20,000 People died in that Tragedy)
Who ordered the State Sponsored Massacre of SIKHS in 84?
Please read more about, How Indira Gandhi pushed the Nation Under Emergency in 76-77, after the High Court declared her election to Lok Sabha Void!
(I bet She had utmost respect for DEMOCRACY and JUDICIARY and FREE PRESS)

I guess you know the answers already. So My question is, Why the Double Standards in Judging Mayawati and members of your Family and Party?
I condemn Mayawati. But Is She the only one you feel Ashamed for?
What about the ones close to you? For their contribution to the Nation's Misery is beyond comparison.
You talk about the Land being taken away from the Farmers. How many Suicides have happened under your Parties Rule in Vidarbha ? Does that Not shame You ?
 
THE 72,000 CRORE LOAN WAIVER
Your Party gave those Farmers a 72,000 Crore Loan Waiver. Which didn't even reach the Farmers by the way.
So, Why don't you focus on implementing the policies which your govt. has undertaken, instead of earning brownie points by trying to manufacture consent by bombarding us with pictures of having food with Poor Villagers....
You want to feel ashamed. You can feel ashamed for your Party taking CREDIT for DEBITING the Public Money (72,000 crores) from the Government Coffers and literally wasting it...
 
You want to feel ashamed.. Feel ashamed for that...
 
WHY ONLY HIGHLIGHT THIS ARREST?
Dear Rahul, to refresh your memory, you were arrested/detained by the FBI the BOSTON Airport in September 2001.
You were carrrying with you $ 1,60,000 in Cash ( Similar to the Arrest of Rahet Fateh Ali Khan recently, because you han't decared that Amount) . US allowes $ 10,000 cash at Immigration.
9 HOURS he was kept at the Airport.
He was later freed on the intervention of the then Prime Minister Mr.Vajpayee.. FBI filed an equivalent of an FIR in US and released him.
When FBI was asked to divulge the information for the reasons Rahul was arrested by Right toFreedom to Information Activists... FBI asked for a NO OBJECTION CERTIFICATE from Rahul Gandhi.
So Subramaniyam Swami wrote a Letter to Rahul Gandhi, " If you have NOTHING to HIDE, Give us the Permission"
HE NEVER REPLIED!
Why did that arrest not make Headlines Rahul? You could have gone to the Media and told, "I am ashamed to call myself an INDIAN?".
Or is it that, you only do like to highlight Symbolic Arrests (like in UP) and not Actual Arrests ( In BOSTON)
Because it so happens RAHET FATEH ALI KHAN'S recent arrest was Splashed in the Media and Your arrest in 2001 hardly got a MENTION..Kindly Clarify.....
 
In any case, you want to feel ashamed, Read Along...
 
YOUR MOTHER'S SO CALLED SACRIFICE OF GIVING UP PRIME MINISTER SHIP in 2004.
According to a Provision in the Citizenship Act.
A Foreign National who becomes a Citizen of India, is bounded by the same restrictions, which an Indian would face, if he/she were to become a Citizen of Italy. 
Now Since you can't become a PM in Italy, Unless you are born there.
Likewise an Italian Citizen can't become Indian PM, unless He/She is not born here!
 
Dr. SUBRAMANIYAM SWAMI (The Man who Exposed the 2G Scam) sent a letter to the PRESIDENT OF INDIA bringing the same to his Notice. PRESIDENT OF INDIA sent a letter to Sonia Gandhi to this effect, the day she was about to get sworn in 2004. Manmohan Singh was brought into the Picture at the last moment to Save Face!!
Rest of the SACRIFICE DRAMA which she choreographed was an EYE WASH!!!
So She didn't make any Sacrifice, It so happens that SONIA GANDHI couldn't have become the PM of INDIA that time.
 
You could be Ashamed about that Dear Rahul!!
 
THINK ABOUT YOURSELF.
You go to Harvard on Donation Quota. ( Hindujas Gave HARVARD 11 million dollars the same year, when Rajiv Gandhi was in Power)
Then you are expelled in 3 Months. You Dropped out in 3 Months.... ( Sadly Manmohan Singh wasn't the Dean of Harvard that time, or else you might have had a chance... Too Bad, there is only one Manmohan Singh!)
Some Accounts say, You had to Drop out because of Rajiv Ji's Assasination.
May be, But then Why did you go about lying about being Masters in Economics from Harvard .. before finally taking it off your Resume upon questioning by Dr. SUBRAMANIYAM SWAMI (The Gentlemen who exposed the 2G Scam)
At St. Stephens.. You Fail the Hindi Exam.....Hindi Exam!!!
And you are representing the Biggest Hindi Speaking State of the Country?
 
SONIA GANDHI's EDUCATIONAL QUALIFICATIONS
Sonia G gave a sworn affidavit as a Candidate that She Studied English at University of Cambridge
According to Cambridge University, there was no such Student EVER! 
Upon a Case by Dr. Subramaniyam Swami filed against her, she subsequently dropped the CAMBRIDGE CREDENTIAL from her Affidavit. Sonia Gandhi didn't even pass High School. In this sense, She shares a common Educational Background with 
Karunanidhi
You Fake your Educational Degree, Your Mother Fakes her Educational Degree.
And then you go out saying, " We want Educated Youth into Politics!"
 
Contrast that with Gandhi Ji , who went to South Africa, Became a Barrister, on Merit, Left all that to work for South Africa, then for the Country....
 
WHY LIE ABOUT EDUCATIONAL CREDENTIALS?
Not that Education is a Prerequisite for being a great Leader, but then you shouldn't have lied about your qualifications!
You could feel a little ashamed about Lying about your Educational Qualifications. You had your reasons I know, Because in India, WE RESPECT EDUCATION!
 
But who cares about Education, When you are a Youth Icon!!
 
YOUTH ICON
You traveled in the Local Train for the first time at the Age of 38. 
You went to some Villages as a part of Election Campaign.
And You won a Youth Icon!! ... That's why You are my Youth Icon.
For 25 Million People travel by Train Everyday. You are the First Person to 
win a Youth Icon for boarding a Train.
Thousands of Postmen go to remotest of Villages. None of them have yet gotten a Youth Icon.
You were neither Young Nor Iconic.
Still You became a Youth Icon beating Iconic and Younger Contenders like RAHUL DRAVID.
Shakespeare said, What's in a Name?
Little did he knew, It's all in the Name, Especially the Surname!
Speaking of Sir Name..
 
DO YOU REALLY RESPECT GANDHI, OR IS IT JUST TO CASH IN ON THE GOODWILL OF MAHATMA?
Because the Name on your Passport is RAUL VINCI.
Not RAHUL GANDHI..
May be if you wrote your Surname as Gandhi, you would have experienced, what Gandhi feels like, LITERALLY ( Pun Intended)
But you don't seem to use Gandhi except when you are fighting Elections. ( There it makes complete sense).
Imagine fighting by the Name Raul Vinci...Even Leonardo Da Vinci couldn't win an Election in India with that Name!!
 
It feels sadly Ironic, Gandhi Ji, who inspired Icons like Nelson Mandela, Martin Luther King Jr. and John Lennon, across the world, Couldn't inspire members of his party/ Nehru's Family, who only seem to use his Surname for the purposes of FIGHTING ELECTIONS and conveniently use a different name on their PASSPORT.
 
You could feel ashamed for your Double Standards.
 
YOUTH INTO POLITICS.
Now You want Youth to Join Politics.
I say First you Join Politics. Because you haven't Joined Politics. You have Joined a Family Business.
First you Join Politics. Win an Election fighting as RAUL VINCI and Not Rahul Gandhi, then come and ask the youth and the Educated Brass for more involvement in Politics.
Also till then, Please don't give me examples of Sachin Pilot and Milind Deora and Naveen Jindal as youth who have joined Politics..
They are not Politicians. They Just happen to be Politicians.
Much Like Abhishek Bachchan and other Star Sons are not Actors. They just happen to be Actors ( For Obvious Reasons)
So, We would appreciate if you stop requesting the Youth to Join Politics till you establish your credentials...
 
WHY WE CAN'T JOIN POLITICS!
Rahul Baba, Please understand, Your Father had a lot of money in your Family account ( in Swiss Bank) when he died.
Ordinary Youth has to WORK FOR A LIVING.
YOUR FAMILY just needs to NETWORK FOR A LIVING
If our Father had left thousands of Crores with us, We might consider doing the same..
But we have to Work. Not just for ourselves. But also for you. So that we can pay 30% of our Income to the Govt. which can then be channelized to the Swiss Banks and your Personal Accounts under some Pseudo Names.
So Rahul, Please don't mind If the Youth doesn't Join Politics. We are doing our best to fund your Election Campaigns and your Chopper Trips to the Villages.
Somebody has to Earn the Money that Politicians Feed On.
 
INDIAN NATIONAL CONGRESS
You want to feel ashamed..
Feel Ashamed for what the First Family of Politics has been reduced to...
A Money Laundering Enterprise.
If MONEY is all the Motivation there is, You can Feel Ashamed for Sonia G's 'POVERTY of AMBITION'
You really want to feel Ashamed.
Feel Ashamed for what you ' SO CALLED GANDHI'S' have done to Mahatma's Legacy..
Meanwhile, I would request Sonia Gandhi to change her name to $ONIA GANDHI, and you could replace the 'R' in RAHUL/RAUL by the New Rupee Symbol!!!
 
RAUL VINCI : I am ashamed to call myself an Indian.
Even we are ashamed to call you so!
 
P.S: Popular Media is either bought or blackmailed, controlled to 
Manufacture Consent!
My Guess is Social Media is still a Democratic Platform.
Let's ask these questions, for we deserve some Answers.
For we are all Gandhi's. For he is the Father of the Nation.
 
To know more, Try looking for Dr. SUBRAMANIYAM SWAMI. He is the reason 
today 2G SCAM is being Investigated!!!

-- 
If a man does not keep pace with his companions, 
perhaps it is because he hears a different drummer. 
Let him step to the music which he hears, however
measured or far away. -- Thoreau

Fernforest, Brampton - New Listing 18 hackberry

  , a 3 bath, 3 bdrm single story. Now $345,900 - Great Deal.

This is a Home suitable for first time buyers, comes with a family room, 3 bedrooms, 3 washrooms and a potential for separate entrance.  Location is great among the wgreen and wooded area.  It is a premium corner lot, lots of room for kids to play on a safe corner of a street, very less traffic, STP sign keeps te traffic slow.  Do not miss this.  See virtual tour here:  http://list.houyisolarliving.com/v1617/  and a quick utube video here: 

CMHC ups 2011 HOUSING STARTS VIEW

Canada Mortgage and Housing Corp (CMHC) slightly raised its forecast for 2011 housing starts on Monday, citing an improving economy and still-low interest rates.

In a second-quarter housing outlook, the federal housing agency also forecast higher existing home sales than industry group Canadian Real Estate Association (CREA).

It said it expected housing starts to total 179,500 units this year, then climb to 185,300 units in 2012.

In February, CMHC had said it expected 2011 housing starts of 177,600, rising to 183,800 in 2012.

New Canadian government regulations are expected to take the heat off the housing market, once the main source of Canada's economic growth. The latest changes, aimed at mortgage amortization and refinancing, came into effect in the spring.

"We are expecting new and existing housing markets to fall in line with demographic fundamentals, as changes to mortgage rules take hold," said Bob Dugan, chief economist for CMHC.  

For detailed report, go to www.ValueHomes.ca  and read the report in the middle of the page. 

TORONTO -- TOP MOST COMPETITIVE CITY IN THE WORLD after NY City.

In a 86 page report, Toronto is ranked as a great Place. 

The reasons as to why it is desirable location are many but we will touch only on a few:

1.        Toronto is ranked 2^nd over all among world cities as a city of opportunities.  Do not let this opportunity slip by; Invest in Toronto

2.       For the above reason, Your investment has a Bright future --  Means Good returns on Capital appreciation, better tenants – good upkeep of property, easy of rentability

3.       Toronto acts as a good magnet for attracting human talent because of the quality of life; low rates of crime as compared to the  world cities; Knowledge based Industry and now the upcoming film industry activity.

4.       In the last 25 years, Toronto has matured from a regional Capital to a major Word class city

For real detailed information, please download the PWC report at:  http://www.valuehomes.ca/Util/GetDocument.ashx?docId=1266159   Downloading will take a few Seconds -- PATIENCE!!!!

TORONTO -- 2nd MOST COMPETITIVE CITY AMONG THE TOP 26 WORLD CITIES (did you know that)???

Toronto is a great location for investment.  For a common man, the best investment is the NEW Condo Boom

The reasons as to why it is desirable location are many but we will touch only on a few:

1.        Toronto is ranked 2^nd over all among world cities as a city of opportunities.  Do not let this opportunity slip by; Invest in Toronto

2.       For the above reason, Your investment has a Bright future --  Means Good returns on Capital appreciation, better tenants – good upkeep of property, easy of rentability

3.       Toronto acts as a good magnet for attracting human talent because of the quality of life; low rates of crime as compared to the  world cities; Knowledge based Industry and now the upcoming film industry activity.

4.       In the last 25 years, Toronto has matured from a regional Capital to a major Word class city

So the opportunity to invest is here.  Look at the new and latest Cinema Tower Condo Project – Heart of City, In the Film and Theatre District, Residents will get priority access to film tickets.  Building has its own theatre for screening films; Lots of opportunity to mingle during events with the Hollywood and Bollywood stars.   

Full 86 page report is available at:  http://www.valuehomes.ca/Util/GetDocument.ashx?docId=1266159   Downloading will take a few Seconds -- PATIENCE!!!!

MID MAY 2011 MARKET IS STRONG

May 16, 2011

I want to keep you updated with the Greater Toronto Area Real Estate Market.  After reviewing the latest sales figures from the Toronto Real Estate Board, it looks like:

THIS MARKET IS SISSLING!!!! INVENTORY NUMBERS ARE VERY LOW!

So far in May 2011 there were already 4,812 sales for the month! At this rate we should hit approx. 10,000 total sales for May. We will meet or exceed the number we hit in May 2010.

Here’s where it gets really interesting. Currently there are only 18,430 homes for sale on the Toronto Real Estate Board, compared to 25,414 at the end of May 2010. That’s about a 35% drop! What does that mean? Well, in many areas it’s getting even more frustrating for buyers and prices are still climbing. Although there are many areas experiencing more normal conditions, some of the hottest areas in the Toronto area include The Beach, Bloor West Village, North Toronto and Milton.

The question I get asked most often is, “What do you think will happen this year?” We made it thru a federal election and the wheels didn’t fall off the economy. This market had been going straight up for over 10 years now. When will it stop? Doesn’t look like it will be this year! There are 3 main conditions that will cause our market to remain strong while other areas seem to stagger.

1. Our inventory levels are very low and should remain low. We won’t have a huge influx of new listings or see anything close to other areas around the world as far as “distressed properties” coming on the market. Buyers won’t be able to sit back to pick and choose.
2. Mortgage interest rates are very low and should remain low for quite some time. Although we may see marginal increases over the next while, home ownership will remain very affordable.
3. Our economy is very strong and seems to be improving. Canada is a shining star in the world economy. 

The key to taking advantage of current market conditions is working with the right realtor. When you hear of anyone who may want to buy or sell, please contact me at the office. I promise you that I will take care of them, do a great job and provide them with the best customer service. If you would like any more information, I’m here to help.

Yours Truly,

[Deedar Ghatehorde]

Month	Inventory	Sales
Oct-09	14,771	8,476
Nov-09	13,827	7,446
Dec-09	10,292	5,541
Jan-10	12,052	4,986
Feb-10	14,514	7,291
Mar-10	18,684	10,430
Apr-10	22,951	10,898
May-10	25,117	9,460
Jun-10	23,923	8,442
Jul-10	21,096	6,556
Aug-10	18,823	6,228
Sep-10	19,384	6,307
Oct-10	17,784	6,679
Nov-10	15,060	6,510
Dec-10	10,232	4,389
Jan-11	11,815	4,333
Feb-11	14,305	6,261
Mar-11	16,409	9,254
Apr-11	17,466	9,041
May-11	18,430	10,000

Demand for luxury homes intensifies amid rising Canadian and global wealth

Demand for luxury homes intensifies amid risingCanadian and global wealth

 

Recordor near-record activity reported in most major centres from coast-to-coast

 

 

Improved financial standing among highnet worth individuals is the major factor driving strong sales activity at thetop end of Canadian housing markets, according to a report released by RE/MAX.

 

RE/MAX Ontario-Atlantic Canada andRE/MAX of Western Canada examined 12 major centres from coast-to-coast andfound that luxury sales have surged in close to two-thirds of housing marketsbetween January 1 and April 30 of this year, compared to the same period in2010.  Leading in terms of percentageincreases over the four-month period were Greater Vancouver (118 per cent)—whereforeign investment has also played a major role—Ottawa (59 per cent), Calgary(51 per cent), Halifax-Dartmouth (27 per cent), Winnipeg (24 per cent),Hamilton-Burlington (13 per cent) and Greater Toronto (nine per cent).  Six of the seven major cities—with theexception of Calgary—are poised to set new records in top-end activity by year-end. Several are just short of peak levelsreported in 2010, such as Victoria, Regina, and London-St. Thomas.   

 

Three key factors—serious equity gains,stock market recovery, and improved economic performance—have been behind thepush for luxury housing product across the country. The combination alsocontinues to bolster the bottom line of high net worth individuals bothnationally and globally.  The impact ofthat wealth is being seen in the demand for all things luxury—from homes tocars, collectibles and fine wines. 

  

UPPER END RESIDENTIAL SALES - January 1 to April 30, 2011
Market	Price Point	Sales '10	Sales '11	%+/-
Greater Vancouver	$2 million	343	747	118
Victoria	$1 million	91	78	-14
Edmonton	$750,000	87	70	-20
Calgary	$1 million	96	145	51
Regina	$500,000	42	40	-5
Winnipeg	$500,000	75	93	24
London-St.Thomas	$500,000	118	107	-9
Kitchener-Waterloo	$500,000	133	122	-8
Hamilton-Burlington	$750,000	69	78	13
Greater Toronto	$1.5 million	399	435	9
- Mississauga	$1.5 million	42	17	-60
- Oakville	$1.5 million	23	37	61
- Richmond Hill/Thornhill	$1.5 million	25	32	28
Ottawa	$750,000	63	100	59
Halifax-Dartmouth	$500,000	60	76	27
Source: RE/MAX, Local Real Estate Boards

While foreign investment has augmentedsales activity in several Canadian markets, its influence was only significantin Greater Vancouver.  The vast majorityof regions reported that locals were the primary drivers of demand for luxuryproduct. A number of factors position Canada as an attractive option, foremostthat its real estate remains a bargain by international standards, given its rankingfor quality of life, political and economic stability and the strength of itsproperty laws.  To those from abroad,it’s the perfect mix. 

The strength of the upper-end segmentcontinues to defy expectations.  Thatdemand remains largely domestic speaks to the solid underpinnings of themarket, while underscoring the appeal of Canadian real estate on aninternational stage.  Western Canada, inparticular, will continue to see the upside benefit of investment from abroad.

The climbing wealth factor has played arole. The financial status and number of millionaires is rising once again—afact supported by several recent studies released by notable institutions suchas CapGemini/Merril Lynch, Citi Private Bank, Deloitte Centre for FinancialServices, and Investor Economics—to name a few. While estimates vary, the studies concluded that the high net worthpopulation in Canada and/or abroad—and its corresponding fortunes—is trendingupward and will experience considerable expansion moving forward.   Despite the impact of the 2008/2009 globalfinancial crisis, most millionaire portfolios/assets have improved or exceedpre-downturn levels.  Ofparticular interest, residential real estate holdings have increased among highnet worth individuals, as they express a clear preference for tangibleassets.  This trend is expected tocontinue, and serve to boost high-end residential real estate in months ahead,as the move to diversify assets continues in 2011. 

 

As Canada’s millionaire club swells insize, inventory will play an increasing role in future, as the existing upperend housing stock struggles to keep pace with growing demand in central coreareas, particularly in Canada’s gateway centres.  Infill, renovation and new construction arehelping to some extent—while driving up prices in tandem.  The building activity is also serving tocreate new prime areas in areas that were once considered high-end peripherals,as well as in suburban communities.

 

Limited inventory levels in Canada’slargest markets have hampered sales activity to some extent in 2011, given thatdemand exceeds available supply. Multiple offers are occurring in both Greater Vancouver and Greater Toronto,as buyers compete for quality product in prime neighbourhoods.

### 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

While foreign investment has augmentedsales activity in several Canadian markets, its influence was only significantin Greater Vancouver.  The vast majorityof regions reported that locals were the primary drivers of demand for luxuryproduct. A number of factors position Canada as an attractive option, foremostthat its real estate remains a bargain by international standards, given its rankingfor quality of life, political and economic stability and the strength of itsproperty laws.  To those from abroad,it’s the perfect mix.

 

-more-

RE/MAXUpper End 2011.....2

 

 

The strength of the upper-end segmentcontinues to defy expectations.  Thatdemand remains largely domestic speaks to the solid underpinnings of themarket, while underscoring the appeal of Canadian real estate on aninternational stage.  Western Canada, inparticular, will continue to see the upside benefit of investment from abroad.

 

The climbing wealth factor has played arole. The financial status and number of millionaires is rising once again—afact supported by several recent studies released by notable institutions suchas CapGemini/Merril Lynch, Citi Private Bank, Deloitte Centre for FinancialServices, and Investor Economics—to name a few. While estimates vary, the studies concluded that the high net worthpopulation in Canada and/or abroad—and its corresponding fortunes—is trendingupward and will experience considerable expansion moving forward.   Despite the impact of the 2008/2009 globalfinancial crisis, most millionaire portfolios/assets have improved or exceedpre-downturn levels.  Ofparticular interest, residential real estate holdings have increased among highnet worth individuals, as they express a clear preference for tangibleassets.  This trend is expected tocontinue, and serve to boost high-end residential real estate in months ahead,as the move to diversify assets continues in 2011. 

 

As Canada’s millionaire club swells insize, inventory will play an increasing role in future, as the existing upperend housing stock struggles to keep pace with growing demand in central coreareas, particularly in Canada’s gateway centres.  Infill, renovation and new construction arehelping to some extent—while driving up prices in tandem.  The building activity is also serving tocreate new prime areas in areas that were once considered high-end peripherals,as well as in suburban communities.

 

Limited inventory levels in Canada’slargest markets have hampered sales activity to some extent in 2011, given thatdemand exceeds available supply. Multiple offers are occurring in both Greater Vancouver and Greater Toronto,as buyers compete for quality product in prime neighbourhoods.

 

 

###

 

 

 

 

THE COMPETITION AND PLEADS IGNORANCE TO THE COLLUSION TACTICS OF GAS COMPANIES

MISSISSAUGA --

Mississauga homes for sale is where you will find the best real estate, condos, condominiums and MLS listings on the net.  Home buyers from around the world come to www.ValueHomes.ca to shop for Mississauga homes for sale without the messy clutter that some other real estate or condo websites out there.  Some real estate or condo websites try too much to promote the Real Estate Agent who owns the site.  Here at Real Estate for Sale Mississauga we focus on the home buyer, did our best to remove the advertisements, banners and fluff that distract home buyers from doing what they came to a real estate website for--Which is to shop for Mississauga Homes for sale.  Aside from our unique real estate search technology, we have more than enough real estate and mortgage information and reports to educate home buyers across Mississauga Ontario.  Mississauga Real Estate is the fastest growing real estate sector in all of Ontario. The inventory of the Mississauga Condos market is one of the largest in the world.  Some infamous condominium buildings include Absolute, Tridel, and Daniel's.  Mississauga Condominiums is one of the most popular choices in young professionals as living in a Mississauga Condo is more than just living in an high rise apartment building, it's a lifestyle of living better known as condo living.  Mississauga real estate also has a great variety of semi detached homes, town homes and bungalows at an affordable price.  Mississauga Real Estate has also been known for it's Luxury Homes in Mississauga where elite properties are custom built by world renown builders.  Use our interactive map to search for Mississauga Real Estate, Mississauga Homes for Sale and Mississauga Condos -- you will find definitely find your dream home in our large inventory of homes for sale.  If you have any real estate or mortgage related questions, please don't hesitate to call Deedar Ghatehorde or you may visit www.CentumQuickMortgages.com

BIN LADEN -- Florida Mansion

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2010 Toronto Real Estate Report (Mid Dec report)

15^thDecember 17, 2010       (FINAL 2010REPORT)

 Hi,

Thisis the final report for 2010. This year has been a very interesting time forthe Toronto Real Estate business. Twelve months ago, there was a sense euphoriaspreading through the industry, new agents were flooding to the business andnew companies popping up all the time. Since that time there have been many socalled “experts” who were predicting the demise of the Toronto area real estatemarket. There was to be some sort of a “bubble” that was going to burst. Wellit ended up that a bit of air out of an over-heated market leaked out.  Has the market softened? Yes it has in mostareas and is settling back to a more “normal” market. There are however severalareas and price ranges in our market that are still hotter than ever, seeingmultiple offers and over asking sales prices.

 

Ijust checked the stats for the Toronto Real Estate Board. As of December 15ththere have already been 2,923 sales reported for the month. It looks like we’llsee well over 4,000 sales in total once December is done. That’s pretty darngood for a December. We are currently down to 13,360 homes for sale. Thatnumber has dropped by 1,700 in only 14 days. There are approx 3,000 listingsthat will expire by New Years day AND another 1,000+ will likely sell beforethe end of the month. I’m quite confident that the number of homes for saleon January will drop well below 10,000 units. For those of you who aren’tfamiliar with our market, that is a ridiculously low number. Right now (Yes … BEFOREChristmas) is probably the best time possible for anyone to list their home.

 

Thereare 3 main things that control a real estate market and what happens to prices.Inventory levels, interest rates and the local economy. Inventory levels arealarmingly low. Interest rates are very low and will stay low for quite awhile. Our local economy is one of the strongest in the world and has barelyskipped a beat throughout the turmoil in other countries. These 3 factors pointto the market to continue to be healthy. We should see moderate increases invalue and not the price drops being predicted by others. Activity will remainstrong although not at the crazy pace we’ve experienced for the past few years.That’s a normal, healthy real estate market.

 

Ifyou know anyone who wants to take advantage of some interesting marketconditions, whether they want to sell OR buy, the key is working with the rightagent. It’s more critical now than it has ever been. That’s where I come in.Call me with their information or give them my number. I’ll work hard for themand give them the “red carpet” treatment!

 

HappyHolidays and all the best for 2011!

Toronto Market will remain Hot in 2011

The article produced in Toronto Star of December 9, 2010 is reproduced below: