Finally, a good news for Joes … U.S. and Canada are altering the way housing finance works so taxpayers aren’t stuck bearing the brunt of risks These are steps on the way to what market-watchers call the Holy Grail of housing finance – a residential mortgage-backed securities market that contains little or no taxpayer risk exposure. […]
Fighting greedy developers with co-op ?
These small living spaces — dubbed “micro-condos” — are already common in heavily populated cities like Tokyo, Hong Kong and New York, and they now appear to be coming to select Canadian cities. “Smart House Condos,” by Urban Capital and Malibu, will be located in the city’s Queen West neighbourhood, with a starting price in […]
Market Scoops – A Price Drop
PRICE DROP – 45 Prue Avenue – ENGLEMOUNT 4+1 bedroom, 5 bathroom house on a 50 x 125 foot lot It was listed at $1,850,000. It never sold and the price has now been dropped… To $1,779,000. Though I like this house, I still think it is a little high. Maybe $1,650,000. by the MASH It’s […]
What is sold & what is available today
SOLD – 142 Hilton Avenue – CASA LOMA This is a 4+1 bedroom, 5 bathroom house on a 30 x 124.5 foot lot.
Canadian Real Estate Market Is Rock Solid – No Landing Whatsoever, Let Alone A Hard One
Housing market shows few signs of long-feared hard landing All that talk of a hard landing for Canada’s housing market seems a distant memory now. The latest monthly data on existing home sales from Canada’s two biggest markets — Toronto and Vancouver — suggest demand for housing is still alive and well. Existing homes sales in […]
Toronto’s housing market booms in September, but condo prices slip
Homes continue to trade hands at a faster clip in the Toronto real estate market, pushing prices up another 6.5 per cent in September to an average of $533,800 across the biggest market in the country. A total of 7,411 homes were sold through the Toronto MLS system in September – a 30 per cent […]