5 Mar 2013

Toronto housing market takes larger hit than expected

After speculation about whether Toronto's housing market would improve during February, new figures released by the Toronto Real Estate Board suggest that isn't the case. The number of homes sold in February totaled 5,759, which was a slight disappointment compared to last year's number, which was 6,809, the Globe and Mail reported. Real estate analysts estimate one of the reasons for the 10.5 percent decline in sales might be due to the fact that February 2012 was a leap year.

Over the past few years, many consumers have had to downsize their homes due to economic reasons. If people aren't in the market to purchase a new home quite yet, but would like to find a place to keep their extra items, renting a Toronto self storage space is a great problem solver. 

According to the Wall Street Journal, TREB President Ann Hannah said another reason for the decline in home sales might be due to the federal government's stricter mortgage guidelines that were introduced last year.

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.

Be Sociable, Share!

Related Articles [3]

Amazon’s Underwater Storage Facility Is The Future Of Warehouses

March 15th, 2018
Amazon is one of the world’s largest, most innovative and successful companies who consistently redefines what it means to operate a warehouse based on the online sale of...

Why Self Storage Is Booming In Big Cities

March 5th, 2018
Self-storage has always been popular, but lately, it is becoming increasingly more popular in big cities across the country. People are finding self-storage spaces can be...

4 Tips For Fireproof Document Storage

March 3rd, 2017
We all have valuables that we would be devastated to lose in a fire. Some of them are keepsakes, some of them are worth a lot of money and some of them are important legal...

Leave a Comment

Recent Posts

Blog Categories


Subscribe to RSS Feeds
Essential SSL