6 Feb 2013

Toronto housing improved in January

The Toronto Real Estate Board recently announced some exciting news for homeowners in the community. The organization’s announcement revealed that home sales were down 1.3 percent in Toronto last month, which means the city did much better than Vancouver, which saw a 3.8 percent home price spike.

Some homeowners have chosen to rent Toronto storage units to store their extra items if they don’t have enough space in their home. If this is something that an individual would like, purchasing a space would be ideal.

Communities throughout Canada have been seeing similar results since last July when the Canadian government decided to crack down on an overheating housing sector as well as tighten mortgage rules, the source reported.

Some experts predict this will continue into the coming months for Toronto. According to The Globe and Mail, Bank of Montreal economist Douglas Porter said it is hard to predict, especially in February. Although this is the case, he added that he doesn’t think anything will happen that will significantly affect the economy in a negative way. One of the ways he said he can see the Toronto housing market getting back to normal is once the United States economy levels out.

“It’s hard to see what would push the Toronto housing market into a so-called hard landing,” he said.

Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What’s more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.

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