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. […]
Home Improvement – Adding Home Value, Remodelling, Contractor & More
Image Source Ask the contractor: Remodelling vs. cost value The Daily Courier – Jul, 15, 2016 ANSWER: Bigger and more expensive projects, rising new-home prices, curb appeal, energy efficiency, green living and specific remodeling improvements will contribute to a gain inremodeling projects’ payback at resale. The average cost and average …
Camping Out For Shelter & Condo
Previously, Renters driven to tents, rental bidding wars, and more affordability issues. More affordability stories … Forced to camp for shelter Castanet.net – Jul 9, 2016 Kelowna has a notoriously low rental vacancy rate, as low as 0.5 per cent according to some, which makes it difficult for those looking to rent something affordable. Homeless camps in Abbotsford […]
Vancouver – The Darling of Canada Real Estate
Vancouver, Vancouver, Vancouver. I always wonder why do foreign investors, particularly those from China are so obsessed with this city … Fengshui? Image Source Foreign investment has impact on Vancouver housing market, say researchers
Toronto 2-Bedroom Condo Breaching $1 Million Soon
A while ago, if you #donthave1million, it simply means you will be “homeless” in Vancouver. Now, and very soon, you gotta be sleeping in the street if you remain #donthave1million in Toronto, the “World Within a City”. Good luck Torontonians … #donthave1million Two bedroom condos won’t go for under $1 million soon: Toronto broker Image Source