As house prices rise, Fitch warns Canada may have to act again Fitch warns on housing Along with a new report today showing Canadian home prices still rising comes a warning from a credit rating agency that the government may have to intervene in the housing market yet again. Image Source Should Government intervene in […]
Toronto 2nd most expensive city in Canada & 10th in North America
Vancouver tops the list of most expensive Canadian cities to live in, surpassing Toronto for the second year in a row, according to an annual cost of living survey. Toronto is the 2nd most expensive city in Canada & 10th in North America for cost of living Toronto way of life 600 square feet for […]
Canadians are rich – Real estate: The pricier, the better
GTA luxury home sales up 34 per cent in 2014 Brutal winter has helped buoy demand for low-maintenance, high-end condos The biggest jump, surprisingly enough, was in the sale of $1 million-plus condos which skyrocketed by 53 per cent to the end of June over the same period of 2013 — gains beyond those seen […]
Canada Real Estate: Toronto Is The Star
Local real estate boards give hint of a surging housing market Canada’s housing market is again proving to be hotter than economists expected. The latest data on sales of existing homes across the country will be released by the Canadian Real Estate Board next week. But a number of local real estate boards have made […]
Canada’s luxury homes are selling like hot cake
High-end home sales booming across Canada CBC.ca Sales of houses that cost at least $1 million are booming in Canada’s four biggest cities, high-end real estate firm Sotheby’s International Realty Canada says. Sales of homes priced higher than $1 million increased in Vancouver, Calgary, Toronto and … High-end homes are still in hot demand: Sotheby’s CityNews […]
Real Estate contributes a whopping 15% to Canadian economy
Alberta’s Tar Sands account for 2% of Canada’s GDP. Forestry about 1%. Agriculture 8%. And Canada biggest GDP contributor? Real Estate at 15%. Meaning, the day real estate tanks, is the day Canada (economy) dies. But no worry, Canadian real estate is expect to fly … Real Estate Is Very Sexy Real estate sales in […]