Home affordability worsens in Vancouver, Toronto: RBC
Toronto Star – Jun 22, 2016
The increase in Vancouver and a smaller gain in Toronto helped drive the national average cost of home ownership higher.
And the scary news … In a not so desirable Toronto neighbourhood,
The Action: The sellers of this detached, two-storey residence with a double garage were determined to hold off offers for one week to allow for a public open house and as many private showings as requested. So they were confident a $1.185-million bid …
In a better neighbourhood,
34 Hertle Avenue Toronto In the latest sign thatToronto’s real estate market has gone cuckoo, a house in Little India as just sold for more than 50 per cent over its asking price.
Home buyers are resorting all kind of tricks to secure a home (not to mention the brutal bidding wars …Elsewhere in GTA,
The Action: In the lakeside community abutting Petticoat Creek Conservation Area – just east of Toronto’s boundary line – there were only a couple listings early this April.
Cindy Jardim, director of style and trends at Lowe’s Canada, says, “Women are feeling it’s time for the man cave to move over and to make room for them.
Want a house, but do not have a briefcase full of of cash ? Then please get creative …
A Toronto couple who sacrificed personal privacy in a bid to find a house in Toronto now have a home of their own in which to raise their young son.
Meanwhile,
Huffington Post Canada – Jun 21, 2016
For bullish observers, these numbers mean Canadian developers are responding to rising demand in Toronto and Vancouver, where most of the massive house–price growth is happening. National Bank economist Stefane Marion points out that Toronto and …
Did the government just mentioned they will be implementing home prices cooling measures?Your guess is as good as mine. Meanwhile, life goes on …