Sell My House Now! With home prices peaking and beginning to flatten, and with the economy showing some weakness, quite a few homeowners are wondering if right now is the best time to sell their house or condo. Selling your house fast for cash has always held connotations, but recently, the business model of companies…
Where is Canada’s Economy Headed? A new report on Canadian GDP has more people taking a closer look at the Canadian economy and perhaps reconsidering how they’ll vote in this coming snap Federal election. StatsCan says Canada’s GDP shrank 1.1% in the 2nd quarter of 2021 and has dropped by .4% in July. According to…
Canadian Real Estate Market Forecast Just like the US housing market, the real estate market in Canada showed remarkable strength in 2020. The Canadian benchmark price increased 8.5% last year, almost five times the rate of 1.8% in 2019. And forecasts for 2021 reflect a continued trend of high prices driven by low mortgage…
Rocky Mountaineer Train Trip When you talk about the best life experiences, Canada’s Rocky Mountains are one of the first to come to mind. Travelling through these mountains is a visual feast with clean pungent mountain air, brilliant colours, soaring snow capped peaks that your mind can barely comprehend. Whether Summertime or Xmas, or whether you’re…
Okanagan Real Estate | Housing Market Forecast 35 years ago I rode my bike across the Rocky Mountains and down into the Okanagan Valley where it was 112 F or 42 C. It was 90 miles of scorching heat but it was the best experience, I loved the character of the region. An experience…
Is Canadian Real Estate in for a Big Price Drop? Even in the wake of the deadliest health epidemic of the last century, the Toronto housing market and Vancouver housing market did not crash. And if China had not released its deadly disease, the housing markets would have been roaring right now. It’s…
Vancouver – Canada’s Golden Child is Growing Up Many of my US clients have commented that they believe Vancouver is the best city in the World. It might be hard to argue against because not only has Vancouver become more beautiful, it’s also become an economic powerhouse. Vancouver has the type of issues you find…
Toronto Housing Market Bubble Reports about the potential of a Toronto housing bubble and crash have been around for many years. UBS has rated Toronto as one of the world’s most likely cities to crash. It was even ahead of Hong Kong. In 2020, prices were inflating fast, far above the means of investors, home buyers…
Investing in Student Housing is Hot! A few months ago, the Canada Pension Plan’s Investment Board bought $2.1 Billion worth of student housing properties in the United States. The joint venture, with partners in Singapore and Chicago now owns 48 student housing communities with a total of nearly 32,200 beds. That mega-investment gives you a…
Will 2021 Bring Another Housing Boom in Toronto and Vancouver? Are the Vancouver real estate market or Toronto housing market going to crash , lift off, or coast in 2021? Has all the negative press made you believe the end is near? Bankers and politicians keep trash talkin the housing markets. However, as you’ll read here, there is…