Jonathan Manthorpe believes there is a direct line linking the explosive real estate bubbles in Toronto and Vancouver and how secure Chinese President Xi Jinping looks on his throne. How China’s Politics Messing Up Canadian Real Estate Markets The evidence — the vast amount of money being spirited out of China by relatives, friends and cronies of […]
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. […]
Real Estate Slowdown Already Started In Vancouver?
“London Bridge Is Falling Down”, sorry, it should be “Lions Gate Bridge Is Falling Down” because, The Lions Gate Bridge at dusk – Stanley Park to the left and North Vancouver to the right. Image Source Experts, investors see warning signs of real estate slowdown in Vancouver The Province – Jul 7, 2016 Still, there were already suggestions this spring […]
Home Sale Prices & Construction Business Exploded
No exaggeration. The yada, yada, yada are backed by solid facts: – Image Source Toronto-area home sale price jumps 16.8% in June CBC.ca – Jul 5, 2016 House prices in Toronto continue to surge as would-be buyers struggle with a lack of supply in a red-hot real estate market, according to a report released today by the […]
Real Estate Rule & Regulations Roundup
Image Source Some 600 changes introduced in the 2015 editions of the National Building, Fire and Plumbing Codes Canada NewsWire (press release) – Jun 28, 2016 “I am very pleased to announce the launch of the 2015 editions of Codes Canada,” says Douglas Crawford, Chair of the Canadian Commission on Building and Fire Codes. “Their development is the result […]