Condo and housing market in Canada

  • is it too late to buy condos in Canada? Interest rates are going up to the levels of 1999-2000 and prices are not falling. Whay is causing this price pressure?

    29 四月 2006, 02:14 Anonymous
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回复

  • do you want to rent forever?

    probably not, so it is never a bad time to buy

    Anonymous 30 四月 2006, 05:52 - 举报滥用
  • Condo market in Canada

    The condo market in Canada is currently one of the hottest in the world. It has surpassed the number of units available in New York, NY, Chicago, IL, Miami, FL. etc.

    One of the main reasons is that about 250,000 newcomers arrive to Canada as immigrants every year and about half of them decide to come to the Toronto GTA area. That puts so much pressure on the existing infrastructure (housing included) which added to low interest rates has helped push the number of housing starts in Toronto to record levels. In Toronto you can find today a new condo from $130,000 to of course, $15M

    Anonymous 20 五月 2006, 01:04 - 举报滥用
  • Knowing which neighbourhood to buy in is key!

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    Anonymous 15 六月 2006, 06:22 - 举报滥用
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