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Monthly Archives: August 2009
GTA June and July Sales Post Records
We’re back as consumers realize mortgage rates are low and the Canadian market doesn’t have the problems in the US. July, 09 posted another monthly sales record and prices strengthened.
Prices in June and July, 09 were the highest in those months for the last three years. With low inventory and fewer new listings coming on the [...]
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House Prices in US Reaching Bottom?
Many Canadians had the impression that our market had the same problems as the US. There a hugh percentage of mortgages were 'sub-prime' and basically not going to be repaid, along with other problems. While our market has rebounded strongly, some of that perception remains. This post highlights how inflated the bubble was.
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YouTube Video with Distillery District Developer