Home prices moving at ‘uncomfortably hot pace’ in big markets Calls for a soft landing for the housing market appear on the mark this year, with sales and price gains this spring “comfortably cool” across much of the country, experts at TD Economics and others say. But there are some big exceptions. Toronto, Vancouver and Calgary, […]
No housing bubble to burst
No housing bubble to burst, Conference Board says in major survey Even in super-hot Toronto, expect healthy price growth, the think-tank predicts The Conference Board’s major survey of real estate prices in Canada says there are no signs of an imminent crash, including in the super-hot Toronto market. The Conference Board’s major survey of real […]
Toronto Neighborhood Guide For Home Buyers
Toronto neighbourhoods home buyers might want to check out University students uncover some areas with potential you may have passed over A McMaster University professor recently handed his urban geography class an interesting assignment: Uncover Toronto neighbourhoods where a new resident would find just the right mix of lifestyle and value. Prof. Richard Harris asked […]
Montreal beats Toronto in unsold condos
This was originally posted to the Real Deal blog. Despite fears of investors driving Canada’s largest condo market into an overbuilt ghost town, there are actually more units sitting empty in Montreal than in Toronto, a BMO report says. “I was surprised,” said BMO senior economist Sal Guatieri. “I didn’t know it (the number of vacant […]
Realty Darling Toronto Mayor Rob Ford Admitted His Buddy is A Drug Dealer ?
Arrested man ‘a good guy’ Mayor Ford says of friend Sandro Lisi Mayor Rob Ford said he was “surprised, very surprised” to learn that his friend and sometime-driver Sandro Lisi has been charged with several drug-related offences. “He’s a good guy,” said Ford. “And I don’t throw my friends under the bus. Like I said […]
August new condo sales tank in Toronto
Toronto new condo sales post worst August showing in a decade The number of new condos that sold in the Greater Toronto Area during the month of August dropped to 633, the lowest level for that month in a decade, according to RealNet Canada Inc. The figure is 18-per-cent lower than the 772 sales that […]