Toronto and Vancouver real estate prices are rising because of the growth — it’s the next New York City (NYC)! It’s not hard to come across a comment like that once or twice per day, and we’re sure you all have friends in those cities that say it. Politicians have candidly explained to us it’s […]
Canadian property bubbles have seen affordability creep past the world’s most influential cities. Oxford Economics released new North America Housing Affordability Indices (HAIs) for Q1 2021. The index measures housing affordability for the median household in various cities. They found Canada’s hottest real estate markets are now less affordable than globally influential US cities. Heck, […]
America’s flight from big cities to small ones continues, and it’s really driving rental prices up. Data from Zumper, an online rental portal, show the median price of a one-bedroom is just a little higher in April. Virtually all of the gains are attributed to soaring prices in small cities. Traditionally expensive markets are actually […]
Canadian Real Estate Makes The Largest Drop Since 2008, and New York Gears Up For A Speculator Crackdown.
New York City is getting an additional tool to crack down on real estate flippers. The new tool is just one of the few ways the city is letting speculators know they aren’t welcome.