GTA new home sales up 24 per cent in 2009
January 20, 2010
New home sales in the Greater Toronto area were up by 24 per cent in 2009 compared to a year earlier, according to figures released today.
The Building Industry and Land Development Association (BILD) stated 33,165 new homes and condos were sold in the GTA, compared to 27,153 in 2008.
Most of those sales were in the second half of the year when consumer confidence, sparked by low interest rates, returned to the market.
The solid figures were helped by a strong December, with 3,148 home sold, representing a more than five-fold increase over December of 2008.
The recovery was “kick started by builders slashing costs and margins on inventory and new product to the bone,” said the association.
“It was propelled by an improving economy, increased consumer confidence and overall housing affordability.”
That strength has continued into 2010. Sales in the first two weeks of January were almost double those of the same period last year – 1,749 so far this year up from 888 at the same time in 2009, according to figures released by the Toronto Real Estate Board on Monday.
The average price of a home in January was also up, at $395,307, compared with $332,495 in the same month in 2009.
The board expects the strength in sales and pricing will continue for the next few months.
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January 20, 2010
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January 20, 2010
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Canada to speed up immigration requests from Haiti
January 19, 2010
TORONTO — The Canadian government says it will expedite immigration applications from Haitians with family in Canada and give immigration priority to Haitians adversely affected by the devastating earthquake.
Immigration Minister Jason Kenney said Saturday that Haitians currently in Canada temporarily will also be allowed to extend their stay. Canada will also prioritize pending adoption cases with the visa office in Port-au-Prince.
Canada will open a satellite immigration office in Dominican Republic to help facilitate the immigration process.
About 6,000 Canadians live in Haiti.
Canada has more than 100,000 people of Haitian descent, most of whom live in Montreal.
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Canada considers fast-tracking Haitian immigration
January 15, 2010
The Canadian government says it is looking into a plan to help fast-track immigration from Haiti in the wake of the earthquake that has crippled the Caribbean country.
Prime Minister Stephen Harper said Thursday he and Immigration Minister Jason Kenney have been discussing ways to ease immigration and refugee rules to allow more Haitians into Canada quickly.
Opening up the process “will be something the government will be addressing in the next couple of days,” he said while stopping at the Ottawa Red Cross office to make a donation.
The first three military air transports arrived in Montreal from Haiti early Friday morning, carrying 272 evacuees who had been selected by staff at the Canadian Embassy for transport, Foreign Affairs Minister Lawrence Cannon said Friday.
The latest Canadian consular information has confirmed four Canadians have died, 13 are reported injured and an additional 550 have been located, Cannon said. About 1,415 Canadians living in the affected area are still missing, he said.
About 6,000 Canadian citizens live in Haiti, but only 700 were registered with the embassy in Port-au-Prince, said Foreign Affairs Minister Lawrence Cannon.
The Canadian Embassy has continued to be a refuge for citizens, however, and many are being sent to Santo Domingo in the Dominican Republic for transport back to Canada.
But as the situation for people in Haiti worsens, the government is expected to look at a plan that would allow Haitians with Canadian relatives to also come to Canada.
Chantal Barratteau, a Haitian community organizer in Montreal, says deciding who can come and who can stay will be a difficult task.
“How can you choose who to bring here?” she asks. “I mean if I could choose, I would bring my family if they are hurt, and then my neighbours, and then my family’s friends and so on.”
Thousands of Haitians spent another night outside following the 7.0- magnitude quake that hit the country this week. Many won’t return to their homes, fearing that continuing aftershocks will knock down already weakened structures.
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Canada considers fast-tracking Haitian immigration
January 15, 2010
The Canadian government says it is looking into a plan to help fast-track immigration from Haiti in the wake of the earthquake that has crippled the Caribbean country.
Prime Minister Stephen Harper said Thursday he and Immigration Minister Jason Kenney have been discussing ways to ease immigration and refugee rules to allow more Haitians into Canada quickly.
Opening up the process “will be something the government will be addressing in the next couple of days,” he said while stopping at the Ottawa Red Cross office to make a donation.
The first three military air transports arrived in Montreal from Haiti early Friday morning, carrying 272 evacuees who had been selected by staff at the Canadian Embassy for transport, Foreign Affairs Minister Lawrence Cannon said Friday.
The latest Canadian consular information has confirmed four Canadians have died, 13 are reported injured and an additional 550 have been located, Cannon said. About 1,415 Canadians living in the affected area are still missing, he said.
About 6,000 Canadian citizens live in Haiti, but only 700 were registered with the embassy in Port-au-Prince, said Foreign Affairs Minister Lawrence Cannon.
The Canadian Embassy has continued to be a refuge for citizens, however, and many are being sent to Santo Domingo in the Dominican Republic for transport back to Canada.
But as the situation for people in Haiti worsens, the government is expected to look at a plan that would allow Haitians with Canadian relatives to also come to Canada.
Chantal Barratteau, a Haitian community organizer in Montreal, says deciding who can come and who can stay will be a difficult task.
“How can you choose who to bring here?” she asks. “I mean if I could choose, I would bring my family if they are hurt, and then my neighbours, and then my family’s friends and so on.”
Thousands of Haitians spent another night outside following the 7.0- magnitude quake that hit the country this week. Many won’t return to their homes, fearing that continuing aftershocks will knock down already weakened structures.
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