Several of you have been asking for a chart comparing disposable income growth with housing prices across Australia, Canada, NZ and the U.S.
And here it is.
A big hat tip to @GetTheLeadOutCA for finding this chart.
Bluebird Self Storage capitalizes on the growing demand for storage space, building and buying assets to expand its portfolio. Bluebird plans to grow from its current 28 locations to 50 sites within 24 months. #realestate#storage#CRECanada https://t.co/ndzpnDryQL
“Speaking with Gormley on Wednesday, @Chris_Guerette — CEO of the SK REALTORS Association — said it’s highly unlikely all or most of the properties Epic Alliance or investors owned will hit the market around the same time” >> 650 CKOM #skrealestate https://t.co/kQai2zjp4e
How much do asset prices have to fall before central banks panic and reverse course. How much wealth are they willing to destroy? That is really the only question.
The important foundation for understanding value-add strategy is that commercial properties are not valued the same as residential real estate. Commercial valuation are income-based meaning the value of property depends on how much money it produces.
https://t.co/qFNyvshoz2
Join us this week for a virtual open house covering all things Ontario Line from Exhibition to the Science Centre. Choose one of two online events, or attend both if you like. We can't wait to hear from you. Learn more: https://t.co/JS2pPHi6UT
Building a subway in the downtown core is no small feat, but we've got a plan to keep people moving safely while we build the future Ontario Line Queen station. Check it out: https://t.co/SdaqRqjeJx
Buyers in a Tillsonburg, Ont., condominium complex are suing developer Green Urban People after being hit with a price increase of up to $95,000 a unit, about one year after they bought, because of extra #construction costs from the pandemic. #realestate https://t.co/41fQvK7r3U
Even before the pandemic, main streets faced challenges, but with the economy opening up, some experts are saying the tough lessons learned in the past two years may be just what was needed to start up a main street revival. #realestate https://t.co/owiam7k54Q
ICYMI Six firms to construct phase 1 at 177-acre Mississauga Lakeview Village development. Branthaven, Caivan, Greenpark Group, DECO Homes, Opus Homes, Tridel kick off Greater Toronto Area project. https://t.co/Yw51zSfoCp #cre#crecanada#realestate#GTA#TorRE#housing#newhomes
BREAKING #CRE news: SmartCentres REIT to pay $513M to acquire 2/3 interest in 53-acre site at Vaughan Metropolitan Centre, in Greater Toronto Area. Will integrate with SmartVMC city centre project... https://t.co/0q1YQsRkBl #crecanada#realestate#GTA#GTARE#TorRE#yorkregion
This could pay for a lot of affordable housing.
Not only that, but 27% of the cost of new homes in Toronto is taxes and fees. During a housing crisis, that is absolutely insane.
https://t.co/jRouB1sM0n
The first half of this year saw overall residential mortgage debt rise to levels not seen in a decade. As of June, the total outstanding residential mortgage debt stands at $1.73 T.