Why Ontario prices are expensive…..

There’s a lot going on beneath the surface of southern Ontario’s wild housing market. Realtors say there’s simply not enough supply, and that the provincial government should open up more protected land for development. Federal policy makers, in turn, have been attacking demand with tax and mortgage qualification changes. But Bank of Nova Scotia says […]

Toronto Mayor rejects ‘bubble’ claim

Toronto Mayor John Tory is rejecting the notion the city’s housing market is in a bubble and insists the rapid rise in home prices shows the market is healthy. “Reports will come out from economists – I don’t dismiss them, I read them all – but I also talk to a lot of people in […]

Buyer’s right to a final inspection?

Once you buy a property, are you allowed to have another look?  Now, once you own it, you can look at it all you like, but by that time it may be too late. The basic question is whether you have the legal right to inspect it before closing. From time to time, this issue […]

Population Projections 2015-2041

Parts of Ontario will enjoy an increase in population between 2015 and 2041, while other areas will experience decreased population.  This will affect medical services offered, will determine if schools are built or closed, will determine the future of public transit, etc.  Read more….

Madani predicting bursting bubble… again

Those booming housing markets may make some homeowners rich and provide a short-term boost to the economy, but a Canadian economist is warning about the long-term impact on the country. David Madani, of Capital Economics, said in a report out Friday that while the housing boom supported the economy through the oil shock in 2016, […]