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Monday, October 20, 2008 4:42 PM

Bad Economic Times: Impact on Canada's Housing and Real Estate Market (Status: BUYERS MARKET)

Resale Housing Market in Toronto and GTA drops to pre 2005 levels CURRENT TORONTO REAL ESTATE MARKET STATS Our real estate market is now: - 18% lower than 2007 or - 10% lower than 2006. - 21% drop in sales in Toronto same period a year ago - 16% drop
Posted by Sam Kamoutsis | (Comments Off)
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Monday, October 20, 2008 2:03 PM

Global Financial Crisis - Canada's Financial Outook

Recession is here! (We will refer to it as the 'R' word because it is a bad word to say). THE PROBLEM We are looking at a "severe and virtually unprecedented blow to the financial system". We were all thinking this is a housing bubble
Posted by Sam Kamoutsis | (Comments Off)