December 2009 | Mortgage For Less Corp.

Commercial Real Estate Market Should Improve In 2010: Toronto Board

Posted on December 21/2009 by Mortgage For Less

The Toronto Real Estate Board Commercial Members say a struggling market should start to turn around in the new year, based on GDP and employment growth. In figures released Sunday, the TREB says prices were mixed in November. Industrial space in all size categories leased for $5.69 per square foot net (sfn), up three per cent from the $5.51 per sfn recorded in November of 2008. Office space traded for $12.83 per sfn, up 27 per cent from the $10.

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Flaherty May Change Mortgage Rules To Curb Housing Bubble:

Posted on December 22/2009 by Mortgage For Less

Finance Minister Jim Flaherty may increase the minimum down payment for homebuyers and cut back amortization periods if the housing market continues to heat up, according to CTV News.

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