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    Pricing the true costs/profits of home ownership

    The following table illustrates the inflation adjusted price changes in Toronto for standardized freehold properties. http://cuer.sauder.ubc.ca/cma/data/ResidentialRealEstate/HousingPrices/housing-pri-toronto.pdf The avg peak-to-peak annual change from $270k in 1981 to $415k in 2008 was 1.6%...
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    TREB July Full Month sales

    6,564 sales at a $420k average http://www.torontorealestateboard.com/consumer_info/market_news/news2010/pdf/nr_market_watch_0710.pdf http://www.torontorealestateboard.com/consumer_info/market_news/mw2010/pdf/mw1007.pdf Lowest July full month sales since 2004 have been 7,082 in 2006, and have...
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    This Week in Low Cap Properties!

    945 Queen St $3200 rental...
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    MSM Propaganda in action

    http://opinion.financialpost.com/2010/07/21/homeowners-more-financially-fit/ Consider the above linked opinion piece from the Financial Post. It references the following press release http://www.newswire.ca/en/releases/archive/July2010/20/c5274.html which describes the results of a...
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    TREB July Midmonth sales

    http://www.torontorealestateboard.com/consumer_info/market_news/news2010/pdf/MID_MONTH_JUL_2010.pdf 2,790 sales. Avg price is at $428k. Lowest July full month sales since 2004 have been 7,082 in 2006, and have averaged at 8200 for 2004-2009. So at 5,600, we're on track for a significant...
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    Condo life expectancy?

    How long are these expected to stand? Any difference based upon height or type (glass/etc?) I figure the various owners will have an answer to this. I'd figure probably about 100 yrs on avg? But I'm just guessing
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    2012 Credit Squeeze via refinancings - NYTimes article

    http://www.nytimes.com/2010/03/16/business/16debt.html?ref=global
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    Investor condo units coming into the market

    I was trolling around MLS and noticed a lot of new listings from a couple of the new condos downtown (55 Stewart and 21 Nelson) 21 Nelson has 15 units for lease, 18 for sale, and 3 for either/or...
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    Age and Income Driven Expenditures

    I found the following link/calculator from www.dshort.com (a very wellwritten amateur blog) http://politicalcalculations.blogspot.com/2009/11/age-and-income-driven-spending.html Although it is for the US (of course), it is still interesting to see how one's own expenses (not just RE, but...
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    National Housing Act Morgage Backed Securities Growth

    I've just read the following article. http://americacanada.blogspot.com/2009/07/cmhc-and-our-government.html Canada has apparently increased it's inforce mortgage credit by 18% since 2007...
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    5-year fixed mortgage rates up 10-15% in the last week

    I check the following site. http://www.canequity.com/ A week ago, it listed best rates at 3.54%, and now at 3.99%. The big five have moved from 3.95% to 4.55%. 2/3s of canadian mortgages are 5-year fixed. The next few months will show whether the recent market strength has been...
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    BoC rate effect on prices

    I was wondering about the sensitivity of prices to the BoC mortgage rate over the past year. Here are some back of the envelope calculations: Some assumptions: 1. Mortgage interest has dropped 30% over the past 12 months (fixed from 6% to 4.2%, and variable from 5% to 3.5%). 2. Carrying...
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    Renewal of CHMC insured but underwater?

    What happens when it comes time to renew a CMHC insured mortgage on a property where the owner now has negative equity? As a numbers example let's say someone bought at $300k on a 0/40 mortgage, and at the time of renewal in 5 yrs the property is now appraised at $250k. I've heard two...
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    Teranet-National Bank Canadian Housing Futures

    Just read the following article. http://blog.macleans.ca/2009/02/23/the-shocking-truth-about-the-value-of-your-home/ I hadn't heard about this before. Took a look at the website, but can't see where the futures prices/etc are at. http://www.housepriceindex.ca/Default.aspx
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    Downtown condo for sale - great view

    Although I wasn't planning on buying in the next year or two until the markets calm down, I recently saw the following property that has peaked my interest. I'm thinking of putting in an offer - what do you think?
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    TO Prices (poll closes end Nov)

    Someone suggested we have another poll. Since the last one closed at the end of Sept, http://www.urbantoronto.ca/showthread.php?t=9951 I'll set this one to close at the end of Nov. This is for the change in the City of Toronto (ie 416) residential prices, net of inflation. August 2008 is...
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    Sept 2008 TREB report

    http://www.torontorealestateboard.com/consumer_info/market_news/mw2008/pdf/mw0809.pdf Prices down 3% (Down 6% for City of Toronto, unchanged for 905)
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    TO prices up or down?

    Lots of different perspectives on this.. Figured a vote might be fun. The questions is TO residential real esate prices, expected change by the end of next year? I appreciate that different locations and types of units will fare differently. It's just a ballpark poll
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    Pre-Construction condo without agent?

    I've got a pretty good idea of which project I want, and so I'm wondering how essential it is to have a buying agent. I'm pretty good with legal documents, financing and small print. In particular, will the seller provide a discount to offset the buying agent commission?

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