Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
Inquiring minds wish to know,...... How can manipulating the natural order of commerce be a good thing? Are we in LALA LAND or is this the new order of "World Class City" economics?
In burlington it was obvious in feb the market had peaked - march saw prices declining on sales compared to feb and by April the trend was obvious - but it was expected the fall market encouraged panicky buying in Jan feb from buyers who would have bought in may June July - so now they have to sell - the market will come out of the sales slowdown in July when buyers have to buy if want new home for school year - also we know total sales for year will be within couple % of last 2 years unit sales so there will be a balancing out before year end - I saw this exact pattern in 1975 and 1991 - people need to realize if you have a world class city then your prices are based on world pricing - the Canadian dollar demise with continued immigration growth has fuelled the market - Wynns new civil servant salary raises and min hourly rates - plus massive deficits and capital expenditures are flooding market with new dollars which combined new taxes eg Toronto land transfer new development fee increases permit fees and now demise if the omb all clearly mean price trend will continue to rise over next 2 years - the one thing the government can not control is the true effect of law of supply and demand - demand doesn't go away if price is too high it just means people have to wait till they can afford to buy - if we don't increase amount of detached and multi bedroom family homes - prices will rise due to amount of new money floating around - god bless premier Wynn and her idiots who have no clue when it comes to financial responsibility but really don't care as long as they remain in power !
About time !
Leading players in real estate and architecture will present the second biennial edition of Toronto of the Future
Changes reflect greater focus on advocacy and core member services, says CEO Tim Hudak
Blue Pearl Mortgage Group Inc. is expanding its footprint once again, this time with services in Ontario