Here is our October 2012 Real Estate Update in Our Home Toronto. September saw strong price growth versus 2011. The average price of a resale home in the GTA in September was $503,662 a +9% increase from 2011. We also saw strong growth in single detached homes (+8%), semi-detached homes (+12%), townhomes (+6%) and apartment condos (+6%). This month we also provide some ideas for decorating for the fall season including tips on rugs, lights, plants and backdrops. This month in Legally Speaking we discuss the legalities of the home inspection clause with a case from the Ontario Court of Appeal. We also provide you some tips on how to strengthen home inspection clauses from the seller’s point of view. Finally this month we provide you with some heat saving tips and the ever popular Pearls of Wisdom….here is a preview “Behind every great man is a woman rolling her eyes”- Jim Carrey
Here is our September Real Estate Update for Our Home Toronto. The average price of a resale home in the GTA in August was $479,095 a +6% increase versus the August 2011 average of $450,323. Meanwhile, the apartment condo market saw a -2% decline on a year to year basis. This month also features an article on the importance of a good home inspection…learn the six most important items to look out for during a home inspection. Also, this month…know your rights as a condo owner and the responsibilities of the condo corporation…an interesting case out of Langley BC. Once again we also return with Pearls of Wisdom…here’s a quick preview ” I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.”- Winston Churchill.