End February 2016 Toronto statistics from OREA. Sales were higher than one year ago and set a new record. Prices went up but inventory is down. It remains a seller’s market. Find detail report here for Toronto and other communities.
No change in the interest rate folks. imho the bank is saying (on Wednesday March 9) that the low interest rate is good for the economy because buyers are investing in new homes and then all the follow on activity that occurs: renovations, new appliances etc. that keep the ancillary businesses booming. The bank clearly […]
Well if anyone was hoping that foreign buying would be curtailed by the new Liberal government, it appears to be unlikely. With some very intelligent remarks about “unintended consequences”, Mr. Trudeau essentially said “Not happening”. But I think what is far more interesting is to consider what seems to be happening. In my humble opinion, our […]