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James Metcalfe’s June Real Estate Update

June 20, 2013 by James Metcalfe Leave a Comment

June has come and gone but the month’s real estate update proves that May was a great month for the resale value of  homes in the GTA. In May we saw a 5% increase in the price of a resale home versus May 2012. In fact, price growth occurred in all major market segments! And all this growth seems on track to meet the Toronto Real Estate Boards price growth forecast of 3.5% as a whole.

In this month’s update we feature 10 home improvement projects that add value to your home including:

  • Painting
  • Kitchen remodeling
  • Finishing unfinished space
  • Home office remodeling

Also, in our “Legally Speaking” segment we discuss the finer points of walking away from a house deal. This can be complicated so make sure to read carefully. We cover important points such as a buyer’s remorse period and who gets the deposit when buyers change their mind.

Featured this month are some of the highlights from the CAAMP (Canadian Association of Accredited Mortgage Professionals) survey as well as the ever popular “Pearls of Wisdom”

Metcalfe june from James Metcalfe

 

Filed Under: Consumer Best Interests, Legal, Maintenance & Security, Market Stats & Trends, Our Home Toronto Real Estate Newsletter, Toronto ... Bylaws & Outlaws, Your Next Move ... Up-Sizing / Down-Sizing Tagged With: home improvements, James Metcalfe Real Estate, legally speaking, Pearls of Wisdom, real estate stats, Toronto Real Estate, Toronto Real Estate Trends

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James Metcalfe & Robin Tully
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JOHNSTON & DANIEL Division
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Toronto, ON, M4S 2L9

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