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Spray-on insulation a highway for termites, experts warn

July 26, 2017 10:19 am Published by

Spray foam insulations are a popular construction material, but as home renovation season ramps up some exterminators are warning that the puffy stuff lining your walls could be a speedway for hungry termites seeking out wood. The foam insulations create a dense, sponge-like environment that can save energy and lower utility bills, but also allows creepy crawlers to tunnel their way towards wooden beams and frames that could be holding up your house. Margaret Bryce is facing a $20,000 repair job after she had spray foam insulation installed around a wooden beam as well as under her house several years ago. “It’s incredible, isn’t it?” she said, picking up a piece of termite-damaged wood that crumbled in her hand. The block, she said, was once a supporting beam. “I had no idea that termites enjoyed the comfort of spray foam.” GTA termite infestations on the... View Article

Toronto-area home sale prices expected to rise 13-18% this year: TREB

July 6, 2017 10:53 am Published by

The Toronto Real Estate Board (TREB) has issued a new 13- to 18-per-cent forecast for home sale prices this year as the month-to-month average cost of a Toronto-area home fell again in June — down about 8 per cent, or $69,995, to $793,915 from May’s average. The average selling price was still 6.3 per cent higher year over year, said the board. The number of resale home listings continued to increase last month — up 15.9 per cent compared to June 2016. But that was lower than the 49-per cent surge in supply that occurred in May. At the start of this year, TREB had been predicting an annual 10- to 16-per-cent price growth — between $800,000 and $850,000. The new forecast puts the average price between $825,000 and $860,000, in part because of strong gains in the first four... View Article

New Listing! 2269 Lake Shore Blvd. W. Unit 2203

July 4, 2017 5:02 pm Published by

Large bright quiet 1282sqft unit. Lovely views of the city and lakefront. Large bedrooms and bathrooms make for a perfectly balanced unit! Oversized bathroom! Huge walk-in closet. Built-in murphy bed and desk! Updated contemporary kitchen. Lots of upgrades throughout the building! Phase 3 exclusive use of sky lounge on the 34th floor: fantastic views and amenities. The Malibu Club offers a host of recreational/sport utilities. The waterfront is at your doorstep!   To view this listing click here: MLS#:W3860034