A Year in Transition Are You Prepared for FINTRAC? REALTOR.ca is now available!  Fall 2008      A Year in Transition A Year in Transition That is the best way to describe the 2008 Toronto real estate market. After two record-breaking years of increases in the volume of sales and average prices we are experiencing a normal market, one in which buyers can take their time to decide before rushing into an offer.The number of active listings on the market has increased substantially (up by 25% over last year) while the number of sales has declined (down 17% compared to last year). Full Story Are You Prepared for FINTRAC? Are You Prepared for FINTRAC? As of June 23, 2008 the new provisions of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act came into effect, and it will have a profound effect on the real estate industry and how we conduct our business.For the first time, when we work with buyers and sellers we have to ask you for your personal identification - either your drivers license, passport or similar government-issued document - and we have to record your name, address, license number and your occupation on a Personal Information Identification Record. We will keep this information private, on file and make it available to FINTRAC (the Financial Transactions Recording and Analysis Centre), only if requested to do so. Full Story REALTOR.ca is now available! REALTOR.ca is now available! Have you used the Canadian Real Estate Association's website to search for residential homes lately? The site has been re-branded to REALTOR.ca.The reason for this change is to eliminate confusion between the trademark term MLS®, which is owned by members of the Canadian Real Estate Association, and the advertising website mls. Full Story Martin & Meredith Limited, Brokerage 8 Powell Ave, Toronto 378 St Clements Ave, Toronto