Why home price appreciation expectations fell in September The Fannie Mae National Housing Survey measures consumer attitudes about homeownership, the economy, and real estate The National Housing Survey is a sentiment survey that provides investors insight into how consumers view the housing market. Homebuilders, home improvement retailers, and realtors will examine these reports to forecast […]
Toronto Home Price: The Misleading Numbers
Average price of a new home in the GTA at the end of August was $547,864 ? Does that mean you can easily buy a starter home in Toronto for $500,000 ? Wrong. That’s price of apartments in reality, not “home”. You can never get a real proper “home” for less than $700,000. In most […]
Canadians get gouged on anything and everything
Life is hard in Canada if you do not make a fortune or have access to taxpayer money to spend freely, because Canadian get gouged on just about anything and everything. While Canadians are not known to take home big salaries, we have always been paying premium prices for practically anything and everything in life. We […]
Detached home failed to get listed price
SEATON VILLAGE – 65 London Street 3+2 bedroom, 2 bathroom on a 16.33 x 109 foot lot Semi duplex in a not so desirable neighborhood. A vintage house with no garage, basically no much else, but do require substantial fixing ups … It was listed at $1,149,000. And it sold for $1,100,000. Listings for Thu Sep […]
US house price going south as mortgage rates going north
Pace of US house price rises slows as mortgage rates climb US house prices rose at a less feverish pace in July signalling the impact of higher mortgage interest rates on demand. U.S. home prices up, but slip in confidence could be a concern U.S. home prices slowed their rate of gains in July and a dip […]
Sun Life: Canada housing prices bounce higher is “dead cat bounce”
Realtors say, Canada housing prices bounce higher but no crash seen Canadian housing prices climbed to a record high in August, according to a price index released on Thursday that suggested the property market, long the country’s biggest engine of economic growth, remains strong but not frothy. Home prices rose in August from what was […]