Judging from the last two transactions, it would appear the scorching hot real estate in Toronto has finally cooled down. Meaning the Liberal Government’s chances to be re-elected is extremely bright, because they have succeeded in taming the housing monster … So said the political pundits. Let’s take a quick look. First, a semi-detached located in one of […]
Government of Canada is determined to pop the bubble for those suffering from “Forever Appreciating Property Syndrome (FAPS)”. They have announced various measures will be taken in an attempt to stop the insane real estate price increases (to the tune of up 36% in one year for Vancouver), particularly residential dwellings. They have indicated pretty […]
The real estate market is getting too hot, prices have reached insane level, our Liberal leaders wanted the house prices to drop … Image Source How Canada’s hot housing market is propping up GDP growth bnn.ca – Jun 30, 2016 The real estate and rental category measured as part of Canada’s GDP represents the output of real […]
Home affordability worsens in Vancouver, Toronto: RBC Toronto Star – Jun 22, 2016 The increase in Vancouver and a smaller gain in Toronto helped drive the national average cost of home ownership higher. And the scary news … In a not so desirable Toronto neighbourhood, Detached west Toronto house sells for $105100 over asking price
ROSEDALE – 106 Crescent Road 5+1 bedroom, 6 bathroom house on a 36 x 138.73 foot lot in South Rosedale It was listed in July 2012 for $3,379,000. It had last been listed in November 2010 for $1,649,900 when it looked like this … But it never sold.
It looks like apartment or a store of some kind, but because it’s selling for $1.5M, let’s just called it a villa … The second price drop for this 2 bedroom, 3 bathroom semi on a 16.67 x 150 foot lot at 56B Clarendon Avenue in South Hill. It was first listed in February for $1,549,000. […]