Tag Archives: condos

Public sector and their unions put on notice; Humourous commentary about ‘bubblebloggers’

Public sector and their unions put on notice I can’t help but think that the coming age of Canadian austerity will likely begin in Ontario.  After right-wing, union-busting Rob Ford captured the former liberal stronghold of Toronto with a ‘Stop … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , , , , , , , , , | 34 Comments

Crunching the numbers: Fundamentals will eventually matter

Thanks to everyone for the fantastic responses to the last post on Vancouver data.  Almost 60 comments on a single post in 24 hours…..a record for this lowly blog. “Fundamentals eventually mattered…” I’ve been meaning to repost a portion of … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , | 57 Comments

Employment numbers rocking!; Building permits rise on new Ontario condo projects; Big banks begins hiking rates; Ignatieff warns on housing market risks

Employment numbers decidedly above expectation Expectations of 20,000 new jobs added in January were fully blown out of the water by the 69,000 new jobs added by the Canadian economy.  Very impressive stuff. If we dig beneath the surface we … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , , , , , , | 16 Comments

GTA home sales weaken in December; Particular weakness out of City of Toronto

Home sales in the Greater Toronto Area had shown a significant rebound in year-over-year sales data since bottoming at a -34% reading in July.  Home sales had improved on a year-over-year basis through to November, where sales came in a … Continue reading

Posted in Real Estate | Tagged , , , , , , , , | 3 Comments

Note to Toronto condo investors: Get out while the getting’s good

I’ve stuck my neck out and predicted that once Canada’s credit bubble bursts, it will wreak havoc on the national real estate market.  I believe that we are in a national housing bubble.  Though not as extreme as the bubble … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , | 17 Comments