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NEWS AUGUST 2014
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  TORONTO, September 4, 2014. In July , home sales reported by Greater Toronto Area REALTORS® were up by 2.8 % compared to the same period last year.

The
average selling priceup by 8.9%.

Average price by major home type in August 2014.
  416 905
Detached $902,428 $644,120
Semi-Detached $627,725 $445,577
Townhouse $463,798 $406,748
     
     

Market Watch

     
  When is The Best Time to Get Almost Everything

  • Real estate—March through August are active months for buying and selling, so a buyer looking for a deal will have better luck negotiating on an offer in autumn and winter.
  • Flooring—Carpet and flooring goes on sale near the end of the year due to slow sales, though discounts are possible throughout the year from independent retailers.
  • Furniture—January and July, when stores need to make room for new inventory.
  • Gas grill—Like air conditioners, the best time to buy is during winter months, when demand for outdoor grills is low.
  • Cookware—April and May (think graduation and wedding prime time) and October and November (holidays approaching).
  • Linens—January “white sales” and the end of each season (i.e. as spring approaches, winter-colored linens will go on sale). It’s common to see linens (in all colors, not just white!) on sale for up to 60 percent off retail.
  • Mattress—New mattresses arrive in stores in May, when you’ll find a good deal on the previous year’s models.
  • Vacuum cleaner—June, when new models hit the floors, and end of winter.
  • Hardware—Big sales occur around Father’s Day and between US Thanksgiving and Christmas.
  • Home appliances—New models arrive in September and October, when you’ll find good deals on last year’s models. Holiday weekends also are good bets for deals. If you’re willing to buy an appliance with a ding or a scratch, you can save hundreds.
  • Air conditioner—Winter months, when demand is low.
 
  Buy When There's Blood In The Streets

Baron Rothschild, an 18th century British nobleman and member of the ultra secretive and original one-percenter Rothschild banking family, is credited with telling investors the trick to making money is to “buy when there’s blood in the streets.”
He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon. But that's not the whole story. The original quote is believed to be "Buy when there's blood in the streets, even if the blood is your own." This is contrarian investing at its heart - the strongly-held belief that the worse things seem in the market, the better the opportunities are for profit.
But there are risks to contrarian investing. While the most famous contrarian investors put big money on the line, swam against the current of common opinion and came out on top, they also did some serious research to ensure that the crowd was indeed wrong.