SEPTEMBER 2008 HOUSING MARKET BUYING OR SELLING A HOME - FREE BOOKS AVAILABLE DOWNPAYMENT ASSISTANCE FOR FIRST TIME HOMEBUYERS SEPTEMBER 2008 HOUSING MARKET SEPTEMBER 2008 HOUSING MARKET The Toronto Real Estate Board reported 6,424 sales of single-family dwellings in September 2008, down about 6% from the same time last year.   However, it is only down about 3% from September 2006.  To put it in persective September 2007 was the second best figure ever recorded for that month. Full Story BUYING OR SELLING A HOME - FREE BOOKS AVAILABLE BUYING OR SELLING A HOME - FREE BOOKS AVAILABLE Buying or selling a home is a complex and often very emotional process. Just casually mention to family, friends and colleagues that you plan to buy or sell a property, and watch the advice pour in. Everyone has a story to tell: a great deal made and lost, a   bargain that wasn't, the frustration of a price war, and so on. Full Story DOWNPAYMENT ASSISTANCE FOR FIRST TIME HOMEBUYERS DOWNPAYMENT ASSISTANCE FOR FIRST TIME HOMEBUYERS In May, 2008, The Region of Peel received $2.85 million under the Canada-Ontario Affordable Home Ownership Program that is designed to provide low-to-moderate income residents who are currently renting a unit, the opportunity to qualify for down payment loan assistance. Under the program, the down payment allocation is considered a forgivable loan after 20 years of ownership. Full Story Therese Conlon & Moira Robinson Sales Representatives Prudential Vendex Realty, Brokerage