We didn’t say that. This what Khaleej Times say. And this also echoed by Seeking Alpha. Some folks tend to believe the local media are inclined to parrot what the local business/government wanted you to hear. It’s for this reason, opinion by foreigne experts are somewhat influential because it is assumed experts from abroad may see what […]
What sold in the past one week suggests home prices are still on the rise in Toronto
Doom, sorry, not yet. Boom, still going on. SOLD 31 Garden Avenue – RONCESVALLES Listing Price: $1,299,000 Selling Price: $1,550,000 3 bedroom, 3 bathroom detached house with a 2 car garage at 31 Garden Avenue in Roncesvalles. It was listed at $1,299,000 to invite bidding war. It worked. It sold 5 days later for $1,550,000. SOLD […]
Toronto Real Estate Revolution – Home Buyers Resist to Buy, Home Sellers Persist on Price
Toronto real estate is undergoing a revolution no less dramatic than the French Revolution. Home Buyers staged a Coup d’état, they boycott buying home in the hope that the housing market will crash as a result. The have-nots wanted a real change in regime. They wanted to transform Canada from an “Sellerland” to a “Buyersphere”. They […]
Canadian Homes Prices are 4th Priciest whereas Income ranked 11th in the world
When it comes to home prices vs. income, Canadians are like couples with mismatched libidos … Okay, bad analogy here. The truth is we got a real serious Mismatch: Income and Expense Volatility Are Undermining Households HARD FACTS Canadian homes prices are the 4th priciest in the world. Whereas Canadian income (GNI) ranked 11th in […]