Canada’s Real Estate Remains Rock Steady

Rising real estate prices and low interest rates keep Canadian households upbeat

The share of Canadians who are predicting higher home prices in their neighborhood remained above 40% for a fifth week in the latest weekly polling by Bloomberg and Nanos Research.

Real estate gains keep Canadian consumer sentiment near highs

Improving views on housing follow a recent acceleration in the real estate market in recent months that reflects a shift by policy makers at the Bank of Canada to dim expectations for rate increases as it plays down concerns over rising household debt …

Rising real estate prices and low interest rates are keeping Canadian households upbeat.

The share of Canadians who are predicting higher home prices in their neighborhood remained above 40 percent for a fifth week in the latest weekly polling by Bloomberg and Nanos Research. That’s kept consumer confidence levels at near the highest in four years, the data show.

Well, jolly good.

What are you waiting for ? Buy this crappy barn and turn it into a palace … Apparently Donald Trump started off this way.

SOLD – 53 Boulton Avenue – LESLIEVILLE

Last week, I posted a 3 bedroom, 2 bathroom row house on a 15 x 104 foot lot at 79 Allen Avenue.  It was located just north of  Dundas and east of Broadview.It was listed at $699,000.   I thought it might sell for $765,000.

This house is a 3 bedroom, 1 bathroom semi on a 15.37 x 100 foot lot.  It is located around the corner, just east of Broadvie, but south of Dundas.

It isn’t as done as 79 Allen and it doesn’t have the family room at the back, but it is a good looking house.  I am not super crazy about the kitchen or the bathroom but they are fine.

The rooms aren’t huge but they work.  And the backyard is great.

It was first listed in April for $699,000 (the same price as Allen).  For some reason, the price was dropped the following day to $689,000.