While real estate Vancouver is doing pretty well in June, Toronto on the other hand sinks deeper into the red: – Home sales in GTA plunge in June Greater Toronto Area home sales plunge 37.3% in June despite a jump in listings The average price of a home sold in the Greater Toronto Area was […]
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 […]
Sorry, Housing Crash will not happen to Toronto
Many believe housing crash is nigh for Toronto. Early numbers hint at larger decline in GTA home sales: expert … Toronto’s suddenly dipping housing market appears poised to decline at a higher rate, according to early June numbers from one real estate expert… CTV News Canadian home sales fell 6% in May, but prices still higher […]
Liberals managed to slay the nasty housing Fire Dragon
At the rate things are going, expect Liberals to reign supreme for another term. Why? Because Liberals slayed the nasty Fire Breathing Housing Dragon. For real? It’s not a fake news, except we have no idea if the dragon is dead or merely injured? Regardless, even the fire dragon has been administered with only temporary […]
Vancouver Real Estate Rebounded – Sales Up & Prices Up
First, we heard, Bubble, bubble, Canada’s housing market poses trouble, IMF says MarketWatch Canadians’ Faith In Real Estate Fizzles As Toronto Sales Plunge That confidence is now falling as evidence mounts of a slowdown in the Toronto area, Canada’s largest housing market. The Bloomberg Nanos consumer confidence barometer found the share of Canadians expecting house prices […]
Real Estate – Fake News and False Stories
Donald Trump is right about “Fake News”. There are fake news, and there are false stories. It’s time we seek alternative news. alternative views. Here are couple of “fake news”: – CMHC insurance volumes plunged 41% after mortgage rules tightened Canada’s housing agency saw a sharp decline in the number of home buyers who qualified for […]