Muddy York: Toronto Real Estate Blog

The Federal Budget and the Real Estate Industry
Published Date: Wed, 10 Mar 2010 00:07:19 +0000

Governor General Michaelle Jean delivered the Throne Speech this week, marking the opening of the third session of the 40th parliament and ending the prorogation. The federal budget was also announced, and though important issues like the rewording of the National Anthem and freezing parliamentary salaries were brought to the nation’s attention, only a few [...] . . .

RBC Economics: Canadian Housing starts rise in February
Published Date: Tue, 09 Mar 2010 01:39:05 +0000

Canadian housing starts rose 6.1% to an annualized 196,700 in February from a slightly revised 185,400 (was 185,600) in January.  Expectations going into the report had been for a smaller rise to 190,000 units. The rise in total housing starts in February was almost entirely the result of increases in the multiple-starts segment.  The relatively volatile [...] . . .

Essential tools to always have on hand
Published Date: Sun, 07 Mar 2010 23:27:45 +0000

Perhaps you’re one of the lucky ones, and your spouse doesn’t get a little twitchy in the wallet while strolling through the tool aisle at Home Depot. Even if you’re not very handy, it’s important to have a few basic tools on hand for general home maintenance or repair, especially if your home is about [...] . . .

Return of the Tall Ships: Toronto Harbourfront
Published Date: Sat, 06 Mar 2010 00:02:29 +0000

The Waterfront Business Improvement Association has announced the visit to Toronto of an International fleet of Tall Ships that will race through the Great Lakes this summer during the Redpath Toronto Waterfront Festival. Starting on June 30 through to July 4, 2010. For more information, visit www.waterfrontbia.com . . .

Cooking School Opens in Toronto’s Oldest Farmers’ Market
Published Date: Fri, 05 Mar 2010 00:13:11 +0000

By David Dunkelman Food has been at the heart of the St. Lawrence neighbourhood in East Toronto dating back to 1803, when Lieutenant Governor Peter Hunter declared the area that encompassed Front Street to King Street and Jarvis Street to Church Street as the “Market Block.” Toronto citizens have been buying local farm-fresh produce at the St. [...] . . .

Muddy York Update – TREB Market Update – February 2010
Published Date: Thu, 04 Mar 2010 00:38:23 +0000

The Toronto Real Estate Board released the February 2010 statistics for the GTA. The number of sales for the month of February was 7,291 in the GTA compared to 4,120 in February of 2009, representing a 77% increase. The number of days on the market decreased from 45 in 2009 to 22 in 2010 – a [...] . . .

Bank of Canada: Bank Rate is Unchanged
Published Date: Wed, 03 Mar 2010 00:05:25 +0000

OTTAWA — The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. The ongoing global economic recovery is being driven largely by strong domestic demand growth [...] . . .

Spring is in the Air!
Published Date: Tue, 02 Mar 2010 00:01:14 +0000

By Diti Dumas and Morgan Dumas Despite the weather outside, spring is in the air with the arrival of “Canada Blooms!” This annual and highly anticipated event will be held at the Direct Energy Centre on March 17-21, 2010. Canada Blooms: The Flower and Garden Festival includes acres of breath-taking gardens and flowers in full bloom [...] . . .