Vancouver’s Housing Market is Dismal – Still Out Of Reach For Household Incomes Of $120,000 Yearly The housing numbers out of Vancouver, once among the world’s hottest real estate markets, are getting more dismal with each passing month. Sales in April, 2019 were the lowest in 24 years for a month that […]
Max's Humble Comments - Toronto Real Estate
Central Toronto Real Estate TREB Released April, 2019 Resale Market Figures
Central Toronto Real Estate TREB Released April, 2019 Resale Market Figures TREB announced that the Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744 in April 2018. On a preliminary seasonally adjusted […]
Toronto housing slowdown reasons Bank of Canada showed
Toronto housing slowdown reasons Bank of Canada showed The Bank of Canada found the prices of the housing market went up way out of affordability range for buyers. The Bank estimated. that between 2015 and 2018, the rising cost of home ownership would have lowered annual home sales nationwide by a hefty 56,000 […]
40% of Canadians don’t pay income taxes, Prime Minister Trudeau is right
40% of Canadians don’t pay income taxes, Prime Minister Justin Trudeau is right The top 20 per cent is likely paying 70 per cent or more of all income taxes Trudeau was speaking the complete truth when it comes to income taxes (HST, realty taxes and other consumption taxes are another story). […]
GTA home sales declined 40 per cent in March, 2018 compared to March, 2017
GTA home sales declined 40% in March, 2018 in 12 months from March, 2017 and the average price also declined by 14 per cent, according to the latest Toronto Real Estate Board report. TREB reported 7,228 residential transactions in March, 2018 in the GTA, a large decrease from the record 11,954 sales reported […]