Is Calgary the next property hot spot for foreign buyers? Apparently the answer is out… Confirmed : Nope. Foreign Investors are Still not Rushing to Montreal and Calgary Actually, Foreign investors ignoring Calgary, Montreal real estate markets Calgary has a glut of unsold condos, so earlier this year, with a tax on foreign buyers in […]
Toronto Homes – What can you get for $1 million today?
As a sequel of “Toronto Real Estate Revolution – Home Buyers Resist to Buy, Home Sellers Persist on Price”, Let’s take a look what can you possibly get for $1 million in Toronto today. Realistically, these are your option:- $1.18M “Let’s just call it ‘rustic’?” “Brilliant!” “To the printers!” “Can we get tetanus shots there?” Or […]
Why Warren Buffett’s investment DOESN’T mean Home Capital is Okay
Or for the matter, the reals estate industry as a whole. Canadian real estate players are always on the lookout for just about any excuse why you should continue to purchase properties. As witnessed today, just because Warren Buffett bought into Home Capital, everyone in the real estate business were quick to interpret that as a […]
Toronto Real Estate Revolution – Home Buyers Resist to Buy, Home Sellers Persist on Price
Toronto real estate is undergoing a revolution no less dramatic than the French Revolution. Home Buyers staged a Coup d’état, they boycott buying home in the hope that the housing market will crash as a result. The have-nots wanted a real change in regime. They wanted to transform Canada from an “Sellerland” to a “Buyersphere”. They […]
Sorry, Housing Crash will not happen to Toronto
Many believe housing crash is nigh for Toronto. Early numbers hint at larger decline in GTA home sales: expert … Toronto’s suddenly dipping housing market appears poised to decline at a higher rate, according to early June numbers from one real estate expert… CTV News Canadian home sales fell 6% in May, but prices still higher […]
Canada Infrastructure Bank’s Impact On Real Estate
Today, the Conservatives are questioning the establishment of “Canada Infrastructure Bank”. Whereby the Conservatives charge that “the Liberal government is asking taxpayers for $35 billion—which roughly equals $1,000 per Canadian—to start a new “infrastructure bank.” Obviously, our focus is folks-orientated as usual: So, how does the proposed “Canada Infrastructure Bank” benefit folks with “higher tax […]