The Financial Post published this article from Gary Marr a few days ago. Marr details the top ten housing stories from 2012, and not all of them were gloom and doom! Consumers must be getting tired of hearing the experts cry wolf about rising interest rates and a housing crash. Rates haven’t moved much if […]Read More Top 2012 housing stories, from crash warnings to rent vs. buy
It’s always interesting to see what’s available at a certain price point across the country, especially coming from a Toronto perspective. In Winnipeg, you get a 2200 square foot detached home – and in Vancouver, it will buy a house roughly have the size. Click here for the Globe articleRead More Home Buying: What’s on the market for $500,000?
This press release went out on July 10th and was picked up by a number of media outlets, including this article in the National Post, which offered their own take on the forecast. Here’s the original release: National price appreciation forecast to soften modestly for the remainder of the year TORONTO, July 10, 2012 – […]Read More Canada’s Housing Market at a Tipping Point
The Canada Mortgage and Housing Corporation published a report on the resale market last month and here are some of the highlights. You’ll note that some houses in Leslieville and Riverdale appreciated by $100,000. Housing Now – Greater Toronto Area – (excerpt from CMHC report released July 2011) Resale Market – Tight markets and high […]Read More CMHC resale report: multiple offer situations pushed prices higher