RIVERDALE – 14 Simpson Avenue 8 bedroom, 4 bathroom triplex on 25 x 112.5 foot lot in Riverdale just north of Gerrard and just east of Broadview. It has 2 parking spots. It was listed at $995,000. It sold for $1,051,000. Listings for Mon Sep 30
US: Is housing affordability going down the drain?
Higher mortgage rates and home prices are weighing on homebuyers By Eric McWhinnie, Wall St. Cheat Sheet While the housing market has certainly made a strong rebound from the depths of the financial crisis, higher mortgage rates and home prices are weighing on homebuyers across the nation. Wall Street is not the only crowd noticing the […]
The day real estate tanks is the day Canada sinks
By Peter Norman The economic impact of real estate transactions in Canada It’s no secret that the housing sector in Canada has been strong and leading the economic recovery since the last recession. Both new housing starts and sales of existing homes through MLS® Systems have been buoyant in recent years, although both sectors eased […]
How Tighter Mortgage Standards Are Holding Back the Recovery
Poor US, Canada doesn’t seem to have such problem … Jim Flaherty is happy to tighten our mortgage rulings, and Stephen Poloz is okay to keep the younger generation out of housing market … Canada is simply better. Live with it. The housing recovery faces headwinds because it’s too hard to get a mortgage today, which in […]
A little price drop in Rosedale
ROSEDALE – 106 Crescent Road 5+1 bedroom, 6 bathroom house on a 36 x 138.73 foot lot in South Rosedale It was listed in July 2012 for $3,379,000. It had last been listed in November 2010 for $1,649,900 when it looked like this … But it never sold.
Canadians and Chinese are equally obsessed with real estate
Both are equally drunk as far as real estate is concerned … Scam Chinese Banker Sentenced for Amassing Real Estate With Fake Documents Are we seeing this kind of thing in Canada anytime soon ? China Daily/Reuters Gong Aiai in court earlier this month. She was accused of amassing dozens of properties by forging or […]