Categories
Latest Postings
Links
Archives
|
May Sales Remain High11. June 2010 by Omid Valinasab.
June 3, 2010 — Greater Toronto REALTORS® reported 9,470 sales through the Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In comparison to previous years, this was the third highest May sales result on record. “The pace of transactions slowed in May following record-setting sales in February, March and April,” said Toronto Real Estate Board President Tom Lebour. “Buyers who otherwise would have been purchasing a home in May moved more quickly this year, likely to get ahead of mortgage rate hikes.” New listings were up 38 per cent annually to 18,940. The average price for May transactions was $446,593 – up 13 per cent compared to the average of $395,609 recorded in May 2009. “The gap between listings and sales has widened, which means there is more choice for buyers,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “The annual rate of price growth will slow in the second half of 2010, from the current double digit pace into the single digits.” Median Price Posted in Uncategorized | No Comments » RE/MAX Top 100 Canada 2010 - Q121. May 2010 by Omid Valinasab.
RE/MAX Mainstreet - Top 100 Individuals – Canada 2010 Standings for January through March 2010, based on residential commissions paid. Rankings are compiled from figures submitted by regional offices. 1. Zia Abbas, RE/MAX Vision Realty Inc, Toronto, ON Posted in Uncategorized | No Comments » Re/Max Annual Awards Breakfast11. May 2010 by Omid Valinasab.
Congratulations to Ramon Cezar, Luke Makris, Jaqueline Tai and Omid Valinasab on receiving their Hall Fame pins and due recognition. Our Top Producer Award (The Eagle Award) was received by Omid Valinasab. Congratulations as well to the more than 100 agents who received Platinum, 100% and Executive Club Awards. Regional Office’s new format of Personalized Wall Certificates and Lapel Pins was a change from the previous medallion/plaque set up but think about it. You can’t wear a medallion or a plaque but you can wear the handsome lapel pins showing your status as one of our top producers. They usually open up a conversation about real estate when someone nearby spots your pin. Conversations lead to listings and sales in places that you never would dream of getting them. In elevators, plazas, line ups, washrooms, pumping gas, sports events, etc. Be proud. Wear your Remax pins and I bet you pick up 3-5 extra deals per year! Posted in Uncategorized | No Comments » PEARS on Avenue Road by Menkes4. May 2010 by Omid Valinasab.
PEARS by Menkes Pears on the Avenue is the newest project close from the Yorkville neighborhood. Contact me today to receive further updates on PEARS/CHIC CONDO and be placed on an exclusive list to preview and purchase before we open to the general public. Omid Valinasab (Menkes VIP agent) Posted in Uncategorized | No Comments » HST Transition Rules19. April 2010 by Omid Valinasab.
October 21, 2009 — The provincial government has provided rules/guidance on how it will transition to the implementation of the proposed Harmonized Sales Tax. Details are provided below, including links to common questions and answers, background information, and ongoing updates on REALTORLink. Members are encouraged to review this information. If, after reviewing this information, you require more detail, you can contact: Background The provincial government has announced that it intends to combine the eight percent Provincial Sales Tax with the five percent federal Goods and Services Tax, creating a 13 percent Harmonized Sales Tax (HST). The HST is NOT YET IN EFFECT. The provincial government has indicated that it intends to bring the HST into effect beginning on July 1, 2010; however, note transition rules below. Posted in Uncategorized | No Comments » PEARS by Menkes31. March 2010 by Omid Valinasab.
Yorkville Most Desirable Condominiums. Pears will be the definthan ition of style in a prestigious neighbourhood which is located on Avenue Rd., just steps to Davenport. It is located at the centre of Toronto’s Design District. The Landmark building will appeal to people with the most refined taste who would appreciate living close to Yorkville,High end restaurants and stylish bloor shopping. Register Now to be on our VIP list and have the opportunity to purchase before the general public. Pears on the Avenue is the newest project close from the Yorkville neighborhood. Source: Toronto New Condo Projects Directory Posted in Uncategorized | No Comments » Re/Max: Many major Canadian real-estate markets have tight supply of home listings25. February 2010 by Omid Valinasab.
Canada’s housing market is in tight supply after a surge in activity during January, a traditionally slow month for the industry, says real-estate giant Re/Max. The sales organization said Wednesday that in most of the 16 major markets tracked by organization there was an unusually strong amount of activity, motivated by a series of external factors. The uptick was felt in 87.5 per cent of the markets surveyed, while the average home price appreciated 81 per cent, it found in a survey. Home buyers have entered the market amid expectations of higher interest rates and tighter lending, as well as the introduction of Harmonized Sales Tax in British Columbia and Ontario, Re/Max said. “Affordability is the catalyst for the vast majority of purchasers in today’s housing market,” said Elton Ash, the executive vice-president of Re/Max in Western Canada. “While home ownership is still within reach in many major centres, levels are slipping. There is a growing sense, on both sides of the fence, that the time to act is now.” Toronto is being affected the most, with a 41 per cent decline in active home listings, while Kitchener-Waterloo is down 33 per cent. Both Ottawa and Victoria are off about 30 per cent, the survey said. Posted in Uncategorized | No Comments » Average residential price was up by 19.6 per cent23. February 2010 by Omid Valinasab.
Tony Wong BUSINESS REPORTER There were 46,394 existing homes sales last month, compared to 48,144 in the prior month, according to figures released by the Canadian Real Estate Association today. All figures are seasonally adjusted. “January results suggest the national resale market may be past the recent peak,” said CREA chief economist Gregory Klump. “One car doesn’t make a parade, so a few more months of results showing a cooling trend will be required before talk of a Canadian housing bubble begins to fade.” Actual (not seasonally adjusted) sales activity in January was up 58 per cent ago from year ago levels. Last January was the lowest level of sales in more than a decade. Despite the dip in sales, prices continued to rise significantly. Average residential price was up by 19.6 per cent to $353,129. New listings also rose slightly by three tenths of one percent on a month over month basis in January to reach the highest level since November of 2008. Posted in Uncategorized | No Comments » Toronto taxes and user fees are going up in 201023. February 2010 by Omid Valinasab.
Homeowners will be hit with a four per cent tax increase under Toronto’s proposed 2010 operating budget unveiled this morning, while businesses will see their taxes rise 1.3%. Mayor David Miller said there will be no sale of city assets to balance the books, but the proposed budget includes $13 million in user fee hikes and new fees and $172 million in internal savings. Miller said the average Toronto home, with an assessed value of $407,374 now pays $2,334 in property taxes (excluding school taxes). The proposed increase would add $93. Users of city recreation programs will bear the brunt of user fee hikes. The “most controversial” new fee, said budget committee head Coun. Shelley Carroll, is a one-time $50-per-family fee to sign up for recreation programs effective May 1. The registration fee won’t be levied on families already signed up, she said. Also, people were allowed to call in one false fire alarm with no financial penalty. Now, they’ll be hit with the fee of $350 per dispatched truck that was previously levied only on repeat offenders. And Enbridge and other companies that dig into city roads will be hit with $20-per-square-metre fee to repair them. Posted in Uncategorized | No Comments » SYNC - Queen/DVP9. February 2010 by Omid Valinasab.
VIP agents started their registeration for the new project, here is the link to Omid Valinasab, one of the VIP brokers for the registration. http://trepedia.blogspot.com/2010/02/sync-condo-queendvp.html Posted in Uncategorized | No Comments » | |||||||||||||||||||||||||||||||||||||||||||||||||