Canada’s closely watched housing market continues to post higher-than-expected sales and price gains this fall, but increasingly, the bulk of gains are accruing in just three places: Vancouver, Calgary and Toronto. 503 more words
Tags » Housing Bubble
The Harper government is gearing up for tax breaks aimed at “hardworking Canadian families” and those breaks could be announced within weeks.
Finance Minister Joe Oliver said Tuesday that Ottawa remains on track to generate a surplus of cash collected through taxes and other revenues, and that excess cash will be used in part to cut taxes. 346 more words
Watch above: Hilliard Macbeth is predicting a 50 per cent drop in housing prices within a year
SASKATOON – Real estate values in Canada are going to crash, according to a new book. 402 more words
Construction intentions for new condos in Toronto fell off a cliff in August, data showed earlier this week.
That was followed a day later by additional data showing the number of “starts,” or actual shovels hitting the ground to begin construction on tower units, has similarly deflated to a four and-a-half-year low. 425 more words
Building intentions for new condos plunged in August in a sign that the record boom in high-rise residential towers in several major markets – notably Toronto – may have begun to fade. 250 more words