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  • Toronto Real Estate and the "Savvy" Buyer

     As I've exclaimed before, with historically low interest rates, strong buyer demand and short supply of listings, prices will continue to rise, especially in demand areas of the GTA.  NOW continues to be the operative word in Toronto real estate for both Buyer and Seller. Buyers with the necessary funds are anxious to ...
    Posted to Norman Hathaway (Weblog) by 814969 on November 4, 2015
  • Bungalows, High Prices and Seniors

    Ever wonder why bungalows (detached and semi-detached) are so expensive in Toronto? Well, here's the thing. Land in TO continues to become more valuable by the day and if you haven't noticed, they're not making any more of it. The limits to Toronto's urban expansion outward or "urban sprawl" has also been very effective ...
    Posted to Norman Hathaway (Weblog) by 814969 on August 9, 2014
  • Home prices up 7.5% and The Educated Buyer.

    Toronto home prices continue to rise!!   As outlined in the press today - National Post Aug 8/2014- the average home sale price was up 7.5% in the GTA over the past year. Up to $550,700 average price for a house in Toronto!! "Strong demand for ownership housing will underpin robust average price increases for the remainder of ...
    Posted to Norman Hathaway (Weblog) by 814969 on August 8, 2014
  • Update on River City July 31, 2014

    It's been a few years now since I reported on River City (see my blog post of Jan 30/2012), the Urban Capital development at the foot of River St. where King St. and Queen St. join and cross the Don River. This area of land sits between the Pan Am games Athletes Village to the west and the Don River to the east. I last reported on this ...
    Posted to Norman Hathaway (Weblog) by 814969 on July 31, 2014
  • Stocks vs Real Estate

    Saturday's National Post (Gary Marr) says: "Stocks always trump Real Estate". Tell that the those who lost big time in the stock market over the last brilliant financial meltdown!! Read:http://business.financialpost.com/2013/05/18/if-there-was-a-battle-between-stocks-and-real-estate-stocks-win/?__lsa=960f-c4fc
    Posted to Norman Hathaway (Weblog) by 814969 on May 20, 2013
  • Canadian Inflation Rate continues to fall!!

    Hey, have you noticed?! They say say Gas and Food prices have fallen. Have you noticed?! According to Stats Can, our annual inflation rates fell "an astonishing six tenths of a point to 0.4% last month", according to reporter Julian Beltrame of the The Chronicle Herald- May 17,2013. ...
    Posted to Norman Hathaway (Weblog) by 814969 on May 20, 2013
  • Interesting news on Interest rates and inflation in today's National Post

    If interest rates are of interest to you -pardon the pun- you might be interested in these 2 articles in the National Post today. They shed some provocative light on interest rates and inflation both here in Canada and ...
    Posted to Norman Hathaway (Weblog) by 814969 on May 17, 2013
  • River City in West Don Lands

    An article in the Toronto Star over the weekend (January 28, 2012) makes the case for buying into the West Don Lands- specifically River City. As I have stated before, with all the added value that is is being developed "down there", it absolutely will be the most impressive, most desirable new development in Toronto ever! I ...
    Posted to Norman Hathaway (Weblog) by 814969 on January 30, 2012
  • Why there has never been a better time to buy a home- in Toronto

    Well, I am going to repeat myself again, this time adding some more fire power to what I am trying to convey. As the old adage goes: "There is never a bad time to buy real estate". That statement has never held more strength than right now!  I am a Realtor and have lived and worked in Toronto all my life. I am in my ...
    Posted to Norman Hathaway (Weblog) by 814969 on January 30, 2012
  • The Fear of Low Interest Rates

    Today I was speaking to someone who said that they felt it irresponsible that governments maintain interest rates at such low levels. He felt (perhaps rightly so) that these low interest rates encourage people to over extend themselves financially to the point that when interest rates start to move up the party's over. Well ...
    Posted to Norman Hathaway (Weblog) by 814969 on January 19, 2012
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