Select Page

Ebay & A Tale of Two Toronto Condo Listings

Buying and selling a property in the GTA now just like eBay: you get more money when you price something for $1 to get multiple offers vs. pricing it close to price you actually want to sell it for. In Toronto, you get more money when you price a condo for $499k or house $999k…

Read More

Where are Buyers Getting the Money to Buy a House Nowadays?

second family room & games from, etc.) in Vancouver for about $200k. The average Canadian household income in 1988 was $56,366 [1]. Hence, my parents’ house in 1988 would cost 3.5% of a regular family income.

In 2021, these houses in the same subdivision are well over $2M, and the Canadian household income today is approximately $90k. [2] Hence, that same house in 2021 would cost well over 22.2% of a regular family income.

Read More
Loading