Toronto Homeowners Are Suddenly in a Rush to Sell Toronto’s hot housing market has entered a new phase: jittery. Toronto Real Estate’s Time Has Come? First thing first, let’s have our real estate fix … Architecture Porn The Jockey Club Innovation Tower Jockey Club Innovation Tower is a building of the Hong Kong Polytechnic University […]
The Real Estate Dilemma: Foreign Speculations, Backlash, and Alternatives
The Canadian Mortgage and Housing Corporation’s (CMHC) latest report warns of “problematic conditions” in the country’s largest housing markets. “In Toronto and Vancouver, this is due to the combination of price acceleration and overvaluation.” In an attempt to cool the most controversial housing markets – Vancouver, whereby average home prices has shot up more than 36% in just […]
Home prices may drop as much as 50%
Government of Canada is determined to pop the bubble for those suffering from “Forever Appreciating Property Syndrome (FAPS)”. They have announced various measures will be taken in an attempt to stop the insane real estate price increases (to the tune of up 36% in one year for Vancouver), particularly residential dwellings. They have indicated pretty […]
The Great Canadian Real Estate Continues To Fly Sky High
House prices are coming down like “London Bridge is falling down”? Dream on … Housing Bubble or not, all indications suggest no one believes Chicken Little: “The sky is falling!” … Canadian Real Estate Could Still Get Way More Expensive Huffington Post Canada – Jul 16, 2016 Global comparison puts Canadian home affordability in perspective. Image […]
Canadian Real Estate: Hate It Or Love It
So said Motley Fool, which is not a fool, not even remotely close … It is an intelligent investment portal in disguise: – Canadian Real Estate Is Getting Irrational The Motley Fool Canada – Jul 14, 2016 The Economist recently reported that Canada’s housing prices are 35% overvalued when compared to Canadian incomes. Canadian real estate prices 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 […]