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Real Estate Professional | 26 Nov 2014, 11:05 AM Agree 0
New construction boom ahead?... Revised immigration numbers... Canada goes big in U.S. real estate... Affordability improves for some Canadians... Eastern Canada regains sales momentum...
  • Belinda Lelli bel.lelli@rogers.com, Royal LePage | 26 Nov 2014, 01:19 PM Agree 0
    Thank-you for the accurate revision regarding immigration numbers. This is positive news for both realtors and the Canadian economy in general. With the upcoming PANAM games in Toronto, immigration and tourism is bound to increase. We have a vibrant, inclusive, multicultural and dynamic city worthy of continued real estate growth.
  • Steve | 26 Nov 2014, 01:52 PM Agree 0
    The Pan Am games will do nothing for real estate values and sales in Toronto and area. The populace will be frustrated more than ever with the proposed grid lock, highway lane takeover by games officials, street shutdowns, and hotel overbooking for this second rate games show. If you thought there was upset during the G20, watch the security shutdown within the Toronto area when this storm hits. Head out of the sand please
  • David | 27 Nov 2014, 12:35 PM Agree 0
    Real estate values and sales may not be parallel in terms of positive growth. Though sales may increase, the values may go down. If there is too much inventory, and right now it appears to be a market bubble, then all it will take is an interest hike, to correct the market.

    The hard part is recognizing these factors beforehand, such as interest rates, percentage of inventory to buyers, and adjusting the prices accordingly in time.

    Even with a large amount of overpriced inventory, investors will be interested in income producing units. The income or cash flow has to make sense, for them to invest. The price will have to be adjusted accordingly, but even in a soft market, investors are always looking to put their money somewhere.
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