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 Apr 2006, 02:14 Anonymous

Replies

• do you want to rent forever?

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

  Anonymous 30 Apr 2006, 05:52 - Report

• 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 May 2006, 01:04 - Report

• Knowing which neighbourhood to buy in is key!

  With the influx of new housing going up, there will be some investments that will be far more logical and lucrative than others.
  
  Having a Relocation Management firm assist you in the process will ensure you identify the right neighbourhood to invest for your household.
  
  Solutions starting at just $95.
  
  NuPAD Solutions Canada - http://www.nupad.ca

  Anonymous 15 Jun 2006, 06:22 - Report