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The Equity in your home is like any other investment - it needs to be monitored. Homeowners should have their Equity evaluated once a year.
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According to an annual study released recently by researchers from York University and the Canadian Alliance to End Homelessness, approximately 235,000 Canadians find themselves homeless each year, at a cost of $7 billion to the economy. One of the key factors contributing to the issue, suggests the State of Homelessness in Canada report, is a limited supply of affordable housing units.
Toronto Real Estate Board President Paul Etherington announced that there were 4,975 condominium apartment sales reported through the TorontoMLS system in the fourth quarter of 2014. This result was up by 8.3 per cent compared to the fourth quarter of 2013.
Toronto Real Estate Board President Paul Etherington announced that fourth quarter 2014 condominium apartment rental transactions though the TorontoMLS system were up by 17 per cent to 5,036 compared to the fourth quarter of 2013. Over the same period, the number of condominium apartments listed on TorontoMLS was also up, but by a lesser annual rate.