The writing is on the wall, condo dwellings will go up into the sky and the square footage will shrink along the way … In the beginning, it was about 1,500sf for a standard 2-bedroom condo, the standard square footage was quickly reduced to about 1,000sf few years later. Today, we are talking about 500sf-700sf for a […]
CMHC sees no housing bubble whatsoever
There is no Housing Bubble, you hear that loud and clear? Image Source CMHC sees no 1980s style housing bubble in Toronto high-rise condo market Financial Post – Jul 19, 2016 Canada Mortgage and Housing Corp. sees very limited speculation in the condominium industry in Toronto among builders, a situation unlike the 1980s when the marketcrashed. […]
Architecture – 2016 WAF Awards, Big Basket Building Sold, Construction 3D Printing, Green House Gas
Image Source Seven Canadian projects shortlisted for 2016 WAF awards Seven Canadian projects have been shortlisted for the 2016 World Architecture Festival (WAF) awards – the world’s biggestarchitectural awards program. All types and sizes ofarchitectural projects are represented on the 343-strong shortlist, with …
Canadian Real Estate Crazy Horse Show
While house prices are soaring, so is unemployment. What can we make up of such a scenario? Can we assume real estate market has nothing to do with economy in reality? Else, how do you explain house prices still going up when more and more people are getting unemployed? On the rise in Hamilton: housing prices & […]
Rental Housing Crunch, Shadow Flipping, Racism, Airbnb
Homelessness … sort of. Image Source Kelowna mayor feeling the heat from locals about rental housing crunch InfoTel News Ltd – Jul 13, 2016 KELOWNA – Mayor Colin Basran says he’s hearing plenty from residents affected by the rental housing crunch in Kelowna which is why he thought it necessary to release a “guest column” to […]
Government’s numbers on foreign real estate buyers are nonsense
Government’s foreign buyer numbers way off according to Asian real estate conference Asia Real Estate Association of America, Vancouver chapter representatives say the government’s data sample is too low to be accurate. Agents, experts say Chinese buyers account for much more than 3% of B.C. homebuyers China Cash Power A provincial government statement that only […]