16 Aug 2011

Home sales stable in Canada last month

Homebuying activity in Toronto last month mimicked the national trend, according to the Canadian Real Estate Association. In other words, home sales were stable in July when compared to June.

According to the CREA, the July national sales-to-new listings ratio was 51.8 percent, a moderate change compared to 52.3 percent in June.

On a year-over-year basis, actual sales activity rose 12.3 percent in July. Through the first seven months of the year, approximately 284,537 homes have changed hands, which is 1.6 percent lower through the same period in 2010.

Gary Morse, CREA president, said the report indicates real estate is a worthwhile investment for Canadians.

“Mortgage interest rates are low and keeping home affordability within reach, making it an excellent time for buyers to take advantage of very favorable financing,” said Morse. “Prices and affordability evolve differently among local markets, so buyers and sellers should consult their local Realtor to better understand how the outlook for housing supply, demand, and prices is shaping up in their housing market.

Just as prices vary in the housing market, they also vary among storage facilities, which homeowners often turn to if they needed extra space. Jiffy Self Storage offers some of the most competitive rates in the GTA.

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Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

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