Going on Vacation?

July 31, 2012
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Save $750 a month: home and family

July 30, 2012

By Sarah Efron and Romana King Looking for ways to save around the house? Here are 10 tips that will leave you a little wealthier at the end of the month. Save on your home insurance Most home insurance policies offer a standard $500 deductible, which is the amount you pay if you make a […]

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Cottage market heats up

July 27, 2012

CAROLYN IRELAND It’s a tiny and very expensive slice of cottage country, but Pointe au Baril in Ontario’s Georgian Bay archipelago is a hot market this year. Real-estate agent Stewart Metcalfe of Colliers International has sold two properties so far in July and another deal is brewing. “Right out of the gate we’ve had a […]

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Toronto housing prices up 23 per cent since 2008

July 25, 2012

By Ashante Infantry Toronto housing prices are up 23 per cent since 2008, according to a Municipal Property Assessment Corporation (MPAC) report on residential sales trends. The hot spots, cited for the most significant increases are: northwest and southwest Scarborough; detached, semi-detached, and town homes north of Bloor St. through the central part of the […]

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Why have home prices soared? It’s fundamental

July 24, 2012

MIKE MOFFATT s economists continue to analyze the U.S. housing crash, a couple of U.S. writers turned their gaze upon Canada last week, with Matthew Yglesias wondering what should be done about rising housing prices and Dean Baker proposing a solution. Their concern is understandable, since just before the U.S. housing bubble burst the U.S. […]

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Home insurance: 10 things you need to know

July 23, 2012

By Andrew Wicken Your home is your single biggest purchase and the things inside it, probably number two. So when it comes to insurance, making sure your home and possessions are protected is important. Here are ten things you need to know. 1. What if my house burns down? The cost to rebuild your home […]

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Meet the one-year fixed rate mortgage

July 20, 2012

by: Robert McLister Over last few years, banks, economists, the mortgage industry and even Finance Minister Jim Flaherty have all been singing the same tune: That rates have nowhere to go but up. Instead, mortgage rates have dropped even further. That hasn’t discouraged the mortgage establishment, which continues to push long-term fixed rates. And for […]

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Tempus fugit, especially in summertime

July 19, 2012

By: Vicky Sanderson The summer sale is bittersweet. Sure, it’s delightful to see prices plummet on the backyard and patio gewgaws you’ve coveted since April. But the satisfaction of saving is coloured by the realization that a crop of “50 per cent off” signs is a harbinger that gall has begin to loom on the […]

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Hot Toronto market lures sellers to cash in as Vancouver cools off

July 18, 2012

By: Ora Morison Toronto’s booming housing market is enticing more sellers to list their homes, but the flood of new listings is not dampening prices. But in Vancouver, new sellers are increasingly scarce – as prices in the once-overheated market show signs of weakness. New listings jumped 12.3 per cent in Toronto over the 12 […]

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Five reasons why falling house prices aren’t so bad

July 17, 2012

By ROB CARRICK Before we start getting all torqued about a falling housing market, let’s remember a few things. Early indications in June of a slowing market in some cities do not necessarily presage a U.S.-style plunge in housing prices. Forecasters have talked about declines of 10 to 15 per cent being possible, or just […]

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