A Look at the Oversupply Problem in Montreal
We have spent the past two days talking about the oversupply problem in the nation’s two biggest markets – Toronto and Vancouver. And while stats and figures for these two cities have been looked at six ways from Sunday for the past two years, there’s another market that often gets overlooked – Montreal. It’s hard…
Read moreA Look at the Oversupply Problem in Vancouver
Continuing on from yesterday’s look at the oversupply problem in Canada, today we’ll focus on the one currently happening in Vancouver. The stats and charts within the content were all taken directly from Macleans. We all know that the housing market in Vancouver right now is not good. The market that was once booming and…
Read moreA Look at the Oversupply Problem in Toronto
There are many varying opinions regarding the oversupply problem in Toronto. Is there one? Isn’t there one? It seems that it depends on who you ask. But, Macleans has put together stats and figures that make the Toronto oversupply problem fairly hard to deny. First, a look at the number of housing starts and sales…
Read moreIs TREB Abusing Its Power?
Wow, this is one that’s going to spark some debate. The Toronto Real Estate Board is facing some very heavy allegations after a U.S. expert on competition and antitrust issues released a report saying that TREB is engaging in practices that are harmful to homebuyers and consumers, and deny them the power of knowledge and…
Read moreCould the Condo Boom Really Continue Through Next Year?
It’s hard to believe, given the stats that we just put up regarding the severe drop in home sales in the GTA. But the argument that condo sales are going to continue to explode through 2013 is just the one that Genworth Canada is making. The fairly bold statement comes after Genworth conducted a study…
Read moreThe Phenomenon of Home Ownership in Canada
How many times have you heard, “Owning a home is the greatest asset you’ll ever have”? Or, “Until you own a home, you should be saving every cent you have for a down payment”? Or something along those lines? And while owning a home is definitely the biggest asset most people will ever have, and…
Read moreIs Our Housing Market Gearing Up for a Crash?
This is a question that’s been asked around the country for the past two years. And, if you include the deepest years of the Great Recession, probably even longer than that. So, is our housing market headed for a crash? The research firm Capital Economics certainly seems to think so. While many have been predicting…
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