Posts Tagged ‘Housing’

Canadian Housing / Condo Bubble – It’s Getting Frothy

Monday, November 18th, 2013

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I’ve been watching the Canadian housing market for over the last decade now, and let me tell you have things been getting really frothy. In downtown Toronto, you can now get a one bedroom 700 square foot condo unit for $280,000 to $320,000. My wife and I decide earlier last month to walk our weekends in downtown Toronto to enjoy the scenery and restaurants and during those excursions I kept a mindful eye on all the condo construction and cranes that were all over.

Housing Recovery In U.S.A is Bogus

Tuesday, July 9th, 2013

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Here’s is a great article that details what is really going on in the American real estate market. While there is a lot of headlines that tell you, there is a recovery in the housing market happening, the truth is that this so called recovery is skewed.