Analysis – The buyers are back, Canada housing market defies doomsayers US-ECONOMY-HOUSING-ANALYSIS: Analysis – The buyers are back, Canada housing market defies doomsayers TORONTO (Reuters) – Daniel DiManno sold his Toronto house for less than he had hoped and wanted to see if prices would cool before he bought a new one. But Canadian mortgage […]
The Never Ending Realty Boom Of The Great White North
Seems like there will never be any setback for real estate in Canada because whenever there is one, there will always be another story or justification (usually many more) that business will rebound in no time … Here is yet another one: – Home construction to recover in 2014 By: Darren MacDonald – Sudbury Northern Life […]
CMHC thinks real estate market is heading south ?
According to Bloomberg, CMHC is not as optimistic as their realtor friends who are always sure real estate price will keep going up for the next millenium, at least. Canada Mortgage Trims Home-Starts Call on Slower Economy Canada’s housing agency further trimmed its forecast for housing starts this year amid modest economic and employment growth. The number […]
Toronto Is Doubling Up Condo Development Charges
If Toronto city council goes ahead with a proposal to double condo development charges, those extra costs – some $7,671 on the average one-bedroom unit and $10,624 on the average two-bedroom – are likely to land right in the laps of unsuspecting … Condo boom: Builders say doubling development charges threatens downtown The proposed higher rates would come closer to […]
Canada worries about condos, people worry about taxes & cottage properties boom
While Canada worries about condos, people worry about taxes … Real Estate Cheat Sheet: Bank of Canada worries about condos; homebuyers worry about taxes The top stories in Toronto real estate this week: the Bank of Canada takes aim at the city’s condo market (again), and the building industry tallies up taxes and government charges on […]
There has never been any significant inflation in Canada …
According to the latest numbers, Canada’s inflation rate heats up but remains low Canada’s inflation rate rose to 0.7 per cent in May, but remains well below the level that the Bank of Canada and other policymakers like to see … Inflation in the Great White North is barely one percent per year, or you may say prices […]