Canada's Condominium Magazine

Monthly Archives: March 2012

Real estate conference will make business case for greener building: April 4 in Toronto

Real estate conference will make business case for greener building: April 4 in Toronto

Some of Canada’s top professional, retail and business leaders will be participating in a conference about the benefits of green building, from the business perspective, in Toronto on April 4. Intended for business people in the real estate, investment and building industries, the one-day event will present the business case for building green, with emphasis… Continue Reading

About that million-dollar Willowdale bungalow …

About that million-dollar Willowdale bungalow …

Sale of this Toronto house for $1,180,000 ($421,800 above asking price) has prompted anger that “offshore” investors are squeezing Canadians out of the real estate market.  Affordability seems to be the key to understanding the real estate market in Toronto these days. The fact that an “offshore investor” bought a modest Willowdale bungalow a few… Continue Reading

Consumer confidence is rising, or not: pick your poll

Consumer confidence is rising, or not: pick your poll

To shop or not to shop. According to TNS consumer confidence survey, Canadians feel neutral about buying a big-ticket item right now, same as last month. By one of the latest measures of Canadians’ consumer confidence, a TNS survey conducted last week, we have “tuned out,” economy-wise, paying more attention to other matters, like robo-calls,… Continue Reading

Choose shorter amortization period, pay less interest, build equity quicker

Choose shorter amortization period, pay less interest, build equity quicker

Consumers can save tens of thousands of dollars in interest payments by choosing a mortgage with a 25-year amortization rather than going with the 30-year. BMO Financial Group’s latest financial tip, given as part of their Making Money Make Sense financial literacy program, has to do with mortgage amortization. You can save thousands of dollars… Continue Reading

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