Greater Toronto Real Estate Market Blog - Greater Toronto homes for saleGreater Toronto Area market news blog for the popular Toronto web site - http://www.torontogreathomes.comToronto real estate. HOUSING STARS REMAIN HIGH IN ONTARIO AND TORONTO- July 29, 2008 According to Canada Mortgage and Housing Corporation (CMHC) housing starts were 217,800 units in June. &8220;Total housing starts remain at high levels,&8221; said Bob Dugan, Chief Economist at CMHC&8217;s Market Analysis Centre. &8220;This is mostly due to the multiple segment which has been continuously above the 100,000 unit threshold since the beginning of the year.&8221; The seasonally ...http://torontorealestate.wordpress.com/2008/07/29/toronto-real-estate-housing-stars-remain... Toronto real estate, Toronto mortgage. NEW MORTGAGE RULES- July 10, 2008 The federal government says it will no longer guarantee 40-year mortgages, one of a handful of measures aimed at guarding against a U.S.-style housing bubble. The Finance Department said in a news release that the government will guarantee no mortgages with durations longer than 35 years. The government also will demand a minimum down payment equal ...http://torontorealestate.wordpress.com/2008/07/10/toronto-real-estate-toronto-mortgage-new... |