Canada Mortgage and Housing Corp. says it will no longer offer mortgage insurance for homes that cost $1 million or more, starting July 31, even if the buyer has made a deposit of 20 per cent or more. Image Source Million-dollar home in Vancouver Image Source CMHC no longer offering mortgage insurance for luxury homes […]
Kevin O’Leary is a real estate moron
Why ? Because Kevin O’Leary says: Real estate a “crappy investment” And no one in Canada and basically everywhere else believes real estate will become junk, not one bit, certainly not even close. Kevin O’Leary is therefore a populist real estate moron. Image Source According to Kevin O’Leary the real estate moron, Real estate will be […]
Real Estate Roundup – June 6 2014
All you need to know regarding the housing market in Toronto, Canada and abroad. Image Source This week in Toronto: Tips for first time buyers, Toronto’s bull market is still stampeding and May was a great month for this city. Elsewhere: Vancover’s housing market could be a seller’s, life isn’t cheap in Calgary and China’s real estate bubble deflates. […]
Calgary realtors show their clients in style, using jet, and chopper
Calgary Luxury Real Estate Buyers To Enjoy Private Jet, Chopper Services Sotheby’s International Realty wants to help its Calgary clients fly high, and in style. The luxury real estate firm has announced it will offer private jet and helicopter services to certain clientele as it expands its presence in Cowtown, said a Tuesday news release.
Average Detached Home Price In Toronto Is Now $ Multimillion
To be exact, In Toronto’s housing market, ‘$2-million is the new $1-million’ The strength of the $2-million-plus market comes as Toronto home prices continue to soar. TREB said Wednesday the average sale price of a home across the Greater Toronto Area reached $585,204 in May, an 8.5% increase from a year ago. Image Source The […]
Canadians are upbeat about prospect of real estate prices
Rising real estate prices and low interest rates keep Canadian households upbeat Image Source 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. That’s kept consumer confidence levels at near the highest in four years, […]