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they really should have increased the down payment to at least 7%. I would have liked to see condo fees go up to 100% for calculations also. Didn't Flaherty learn from last time that these gentle changes don't really do anything.

Doesn't this article contradict what Royal LePage released last week? Surprising that this one is coming from the CREA http://www.moneyville.ca/article/921851--home-sales-expected-to-slide-in-2011 Home sales expected to slide in 2011 A house for sale in the Beach area of Toronto. A...

These ads for the show are starting to get annoying and it's just cluttering the forums

I have never encountered a real estate agent who has not said "prices can only go up"

Interesting to hear about these new bank policies when 1 of the major banks still advertise liar loans and another major bank allows you to borrow the 5% you need for CMHC insurance.

The part that worries me is that the banks admit there is no risk to them so there is no need for them to screen clients.

Here's a good one from the financial post today http://www.financialpost.com/news/Canada+mortgage+hazard/4094821/story.html Neil Mohindra, Financial Post · Wednesday, Jan. 12, 2011 In a year-end interview, Finance Minister Jim Flaherty noted, "I find it just strange that I get some of the...

I work for the media and about 2 weeks ago we ran a story about how tutoring after school had to be canceled since students were being mugged on their ways home since it now gets dark earlier. Here's a slight mention about hours changing...

I recently got a letter from One Cole the project in Regent Park and they are offering townhomes in the 500K range. Jeebus who is buying this stuff? One of our stories in the news the other day is how they had to cancel after school tutoring in Regent Park because kids were getting mugged on...

Ric, Are you with Right at Home Realty? I interviewed with them as I was in the middle of course 1, I just finished coursed 2. My only concern was the monthly fee as I plan on doing real estate part time. I was hoping to get something with zero monthly fees. Would be willing to give...

errr not according to TD http://www.canequity.com/mortgage-news/archive/2010/2010-10-28_TD-upscale_home_canadian_boomers.stm

No idea on $psf. She was telling me how no local would touch real estate there as it just didn't make any sense. A day after they defaulted she said it didn't matter as Abu Dhabi would bail Dubai out. Point is sometimes locals do know better. As mentioned I work in the media. In regards to...

I remember my friend who lives in Dubai saying a few months before the real estate crash that no locals were touching real estate as it was grossly over priced and it was mainly foreigners buying. After the crash her rent went from $2800 to $2200 overnight.

Ford plans on hiring 100 new police officers. I think we're getting off topic here.

I work in the media and have had constant contact with Rob ford over the last few months as you can imagine. This is what I've heard over the election run - LTT brings in 200mil a year for the City of Toronto - Ford recently started back peddling on eliminating LTT saying it had to go...

yikes hold for 2 years and sell in this market? You sound like a first time home buyer are you sure you want to give up your ability to withdraw from your RRSP and other credits to sell on spec?

Globe had an open chat about the potential bubble today http://www.theglobeandmail.com/report-on-business/economy/is-canada-in-a-housing-bubble/article1690435/ Condo George's website also pushes Dubai, we all know how that turned out.

Million Dollar Journey posted a nice write up about real estate in general today. It should be noted the writers there are all about being frugal...

I don't know if there is any truth to this or if it's just a rumour but the Pantages hotel is looking to sell their units to be redeveloped into condos. I work nearby and a few of my coworkers frequent the Pantages bar where this info supposedly came from.

Home sales sputter in May http://www.theglobeandmail.com/report-on-business/economy/home-sales-sputter-in-may/article1605995/