Housing Prices

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Stop Complaining About Housing Prices and Start Looking for Solutions

My suggestion to people concerned about housing in Toronto and Vancouver is to stop looking for a scapegoat, stop searching for someone to blame, and start coming up with real, workable plans. The first step is to accept that high housing prices are justified based on supply and demand and devise a workable strategy that can either increase supply or reduce demand based on current market conditions. Be part of the solution, not the problem.
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How Emotions Drive the Real Estate Market

If anything, the housing market has improved, with prices consistently going up and properties selling at a good rate. Why have all these experts been wrong? It isn't all about dollars and cents and what can give the best return on investment. Instead, emotions play a large role in the home-selling process, and they may ultimately prevent or at least delay any slowdown in Canadian real estate.
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What Housing Prices Do to the Canadian Psyche

A radical deceleration in house prices could have a comparable impact upon people's psyches, let alone their finances. After years of unbridled appreciation in the value of their primary asset (.ie. their home), many have developed an ardent confidence based upon the expectation of a continuance of this trend.
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Toronto Doesn't Have Just One Housing Market

We constantly hear headlines proclaiming the 'Toronto Housing Market' is this or that, but in fact, each neighbourhood within the city has its own housing market, as unique as its culture. Understanding the many factors that shape housing prices in each of these markets, as well as knowing where prices are trending, is an important part of a successful home purchase.
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Housing Price Growth Cools

TORONTO, Cananda - The Teranet-National Bank index of Canadian housing prices continues to show effects from cooler demand for residential properties in most big markets.The December price index was u...
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Housing Market Feels A Chill

TORONTO - There's mounting evidence October was a weak month for sales of Canadian housing.A new monthly analysis by Teranet shows Canadian housing prices declined last month compared with September —...