Canadian real estate market is not in a bubble, Poloz says Canada’s housing market is not in a bubble and not likely to suffer a sudden and sharp correction in prices unless there is another major global shock to the economy, Bank of Canada governor Stephen Poloz said Wednesday. Image Source The central banker, testifying […]
Home prices will fall in next 5 years: report
Yeah right. Dream on … Just like diamond, realty is forever (up). Sky high prices in the Canadian real estate market won’t be climbing for much longer, says a report by global rating agency Fitch Ratings. The agency forecasted Tuesday that home prices across the country are in for a “soft landing” and will either […]
Canadian housing 21% overvalued, ratings agency Fitchs ays
Yeah, right. Sky high prices in the Canadian real estate market won’t be climbing for much longer, says a report by global rating agency Fitch Ratings. The agency forecast Tuesday that home prices across the country are in for a “soft landing” and will either flatten out or slightly decrease over the next five years. It […]
Toronto Houses Of All Kind Still Fetch Premium
DOVERCOURT PARK – 177 Hallam Road 2+1 bedroom, 2 bathroom semi on a 13.5 x 132 foot lot at 177 Hallam Road in Dovercourt Park This house was listed at $599,000. It sold… For $685,000. Listings for Mon Nov 18
Home priced for Bidding War
85 Mortimer Avenue – PLAYTER ESTATES $499,000. What am I missing here? Or is this a blantant attempt at a bidding war? Well, considering that this 3 bedroom, 2 bathroom semi on a 23.75 x 133.45 foot lot in Playter Estates was listed in April 2012 for $459,000 (not sure of the sale price)…. Then, […]
Rent Gouging Is Hapenning In Canada ?
Condo rents hit new high amid ‘seemingly insatiable’ demand A record 6,541 GTA condos were rented via the MLS system in the third quarter of 2013, up an unprecedented 39 per cent from the same time last year. By the end of this year, about 20,000 condo units, most of them in the City of […]