Why ? Because he says the free flow tap will remain open (perpetually). Which is a good thing … Folks, let’s all say Thank You, Santa Flaherty. Here is the story … Flaherty won’t clamp down on borrowing, but wary of home price increases CTV News – Oct 28, 2013 The latest measure, which came in July 2012, […]
How will Video Exposé of Mayor Ford Smoking Crack affect Toronto Real Estate ?
For once, something is hotter than real estate in Canada – Mayor Rob Ford Is Now Hotter Anything Else In Canada We have images consistent with alleged crack video: Toronto Police Chief Bill Blair Toronto Police Chief Bill Blair made the stunning announcement Thursday that police have recovered digital video files containing images that “appears […]
Flaherty: “We give housing market free reign”
Don’t look now Mr. Flaherty — here’s another shot in the arm for real estate The Canadian real estate industry will get more good news today — not that it needs any more positive spin or Finance Minister Jim Flaherty even wants to hear it. Canada won’t interfere in housing market — for now: Flaherty The […]
‘Versace Mansion’ Sold for $41.5 Million at Bankruptcy Auction
‘Versace Mansion’ Sold for $41.5 Million at Bankruptcy Auction The exclusive estate was sold for $41.5 million at bankruptcy. The South Beach mansion once owned by the late Italian designer Gianni Versace sold at a bankruptcy auction for $41.5 million on Sept. 17, 2013. The winning group included New York’s Nakash family, who controls clothier […]
Record Levels Debt: Consumers are biting off more than they can chew
Low-rate pledge revives fears of hard reckoning for Canada’s housing market The Bank of Canada’s surprising signal last week that it will not raise interest rates any time soon will lift the housing market and give indebted households breathing room, but it leaves many apprehensive there will be a hard reckoning. Canada sidestepped the worst of […]
CREA’s housing data could be misleading ?
Accuracy of Canada’s housing data under scrutiny Canada’s surprisingly strong real estate market is leading to heightened scrutiny of the data used to assess sales. The main source of information about residential sales and prices is the Canadian Real Estate Association, which represents more than 100,000 real estate agents across the country. On or around […]