Way to Go Toronto, the Fourth Largest City in North America!
For all the talk about Toronto’s housing market and how overheated it is, and speculation that Toronto homeowners will find themselves with underwater mortgages once prices drop, there’s always one factor that’s given in support of it: Toronto is one of the biggest cities in North America and it experiences growth every single day. And…
Read moreDid Toronto Sales Really Drop 52% in December?
RealNet Canada Inc. has released some stats regarding Toronto’s December housing market, and they’re fairly shocking. The report states that home sales in the GTA dropped by 52.1 per cent when compared with December of 2011. Meanwhile, the amount of unsold homes on the market continued to go up – by 29.1 per cent from…
Read moreThere’s Something Weird Happening in Toronto – Bidding Wars!
There’s something weird going on in Toronto. And while strange happenings and oddities are nothing new to this city, this latest weirdness is really shaking some Toronto Realtors. They’re bidding wars, and they’re happening over and over again. In a city where the housing market has been sleeping soundly for the past several months. “I…
Read moreNow this is Exterior Design! Only in Toronto!
Here’s one condo development that will force people to take a different look at Toronto’s condo market. Squat at only 7 floors, roomy and private with only 23 units, and, it looks as though it’s been folded in half, and then folded again before being folded again. The appropriately named Origami Lofts is the perfect…
Read moreShould Toronto Public Schools Sell Playground Land for More Condos?
Land is running short in Toronto, while the amount of condos is running high – and each condo is being built higher than the next. So where does the idea come from to start selling the playground space in the city? Space that currently belongs to public schools, where children and families play? It’s an…
Read moreSurprised Anyone? Toronto Home Sales Down in October
We just talked this morning about how Canada’s housing market is not headed for a U.S.-style crash by any means. But there’s no doubt that Benjamin Tal wasn’t wrong when he said that the situation right now isn’t good by any stretch. And while you might not want to hold your breath waiting for an…
Read moreHow Much is Toronto’s Debt?
So far in our debt miniseries we’ve looked at the nation’s debt as a whole, and broken that down into Ontario’s debt and what that means for the residents within this province. Today we’ll pinpoint the debt in Ontario even further by looking at the biggest city within it – and within Canada – and…
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