We all know the insanity … Image Source Canadian house prices: From ‘overvaluation’ to ‘outlandish’ and ‘zany’ The Globe and Mail (subscription) – Jun 21, 2016 One of the world’s big credit-rating agencies says it’s troubled by Canada’s inflatedhouse prices and extremely stretched borrowers. Canada’s ‘hands-off’ housing policy is right move in free market economy Financial Post […]
Average Detached Home Price In Toronto Is Now $ Multimillion
To be exact, In Toronto’s housing market, ‘$2-million is the new $1-million’ The strength of the $2-million-plus market comes as Toronto home prices continue to soar. TREB said Wednesday the average sale price of a home across the Greater Toronto Area reached $585,204 in May, an 8.5% increase from a year ago. Image Source The […]
Record Toronto price gap between house & condo means Canadian value is falling apart or what ?
In Canada these days, anyone with a detached home is automatically classified as Super Rich (even their “shack” is located in a rough neighborhood). Those who own condos are technically “Property Slaves”. Well, it looks like condo buyers are not likely be able to afford anything else and gotta retire with whatever shoexbox they may own […]
Toronto homes more popular than Hollywood stars
Junction home sells for $907,000 — $138,000 over asking — while West Mount Pleasant abode sells for $40,000 over at $699,000 The Junction Location: 400 Quebec Ave., Annette St. and High Park Ave. Asking price: $769,000 Selling price: $907,000 Previous purchase price: $52,000 (1973) Size: about 2,800 sq. ft. Lot: 23 by 160-ft., no garage, front yard drive, one parking space […]