Monthly Archives: October 2012

Are we worrying ourselves into a housing crash?

Maybe this is telling us you shouldn’t buy the biggest house Just sit back and do nothing. It doesn’t sound like the most proactive advice when it comes to the housing market, but it might just be what everybody needs to hear. Panic is the worst thing that could happen because when that mentality sets […]

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Three new downtown condo project

 Three major new condo developments will launch over the next two weeks — including the tallest buildings to hit Toronto’s waterfront — as developers brace for the ultimate test of the state of the condo market. The projects will be far more than just glass-and-steel towers. They will be giant thermometers providing a quick reading […]

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Canadian home sales remain at lower levels in September

Ottawa, ON, October 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring. Highlights: Home sales up 2.5% from August to September. Actual (not seasonally adjusted) activity down 15.1% from September 2011. Number […]

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Canada’s housing crash begins

Last spring, Keith Roy noticed his phone wasn’t ringing so often. The Vancouver real estate agent typically booked at least 10 showings a week for the properties he sells in the city. But requests gradually slowed to a trickle. Something was up. His suspicions were confirmed as he watched the market data roll in. On […]

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