Login

Real Estate

Bank of Canada: Housing “more robust than anticipated”…

Share on Facebook Tweet on Twitter

Posted by Canadian Real Estate Wealth

on Thursday, 30 October 2014 06:33

images… New report predicts market heat to continue well into 2015… Two-bedroom condos increasingly popular…

New report predicts market heat to continue well into 2015, far from the end of market growth, at least in some parts of Canada. The annual Emerging Real Estate Trends report from the Urban Land Institute and PricewaterhouseCoopers says that Calgary, Edmonton, Toronto and Vancouver will continue to the “best bets” based on investment, housing and development.

....continue reading HERE

....related: Vancouver hit by dramatic drop in house values

 



Banner

Real Estate

Connecting the Dots: 5 Warning Signs Point to Real Estate Market Downturn

Share on Facebook Tweet on Twitter

Posted by Tony Sagami - Mauldin Economics

on Thursday, 23 October 2014 07:50

Investing is about piecing together different bits of information into an illustrative picture—sort of a Wall Street version of the connect-the-dots game we played in kindergarten.

That’s why the headline below from Bloomberg made my investment antennae stand up and motivated me to look for either confirmation that the real estate market was indeed slowing down or contrary evidence to explain if the weak summer sales numbers were just a temporary aberration.

Image 1 20141021 CTD 2

What that Bloomberg article showed was that home prices in 20 US cities increased at the slowest pace in almost two years ending in July, rising at an uninspiring annualized pace of 0.5%. Those are, by the way, the worst numbers since November 2011.

That’s a change from the healthy real estate gains that we’ve seen for two years, and there are lots of other reasons to think that real estate is headed for a rough patch, if not downright trouble.

Warning Sign #1: Worrywart Homebuilders

You know who knows more about real estate than the Gucci-wearing loafers on Wall Street? The people swinging the



Read more...

Banner

Real Estate

2 Reasons To Consider Commercial Real Estate

Share on Facebook Tweet on Twitter

Posted by Claude Boiron - Canadian Real Estate Magazine

on Wednesday, 22 October 2014 06:50

aee6b7eabcfbb7f95c4f7ee66e00ef27 LThe two largest benefits of investing in Commercial Real Estate are as follows;

1. The landlord has more power than the tenant (anyone who is a residential landlord in Canada is aware that more often than not, landlords are at the mercy of their tenants); and

2. The owner has myriad opportunities to increase the value of the real estate asset by decreasing expenses, replacing a tenant with a better paying one, dividing space and charging more per square foot, changing the allowed use of the property, redeveloping the property, and so on.

....continue reading HERE

 



Banner

Real Estate

Calgary & Toronto Hit New Historical Highs

Share on Facebook Tweet on Twitter

Posted by Brian Ripley's Canadian Housing Price Charts

on Tuesday, 21 October 2014 07:08

In September 2014 Calgary and Toronto single family detached average prices hit new historical highs on Absorption Rates that are the highest among Canada's 6 biggest cities. Look also at the total MLS sales across Canada which are projecting the biggest single year since the 2008-2009 plunge. It's been a banner year for sales.

6613063

Click Chart twice for Larger View 

The chart above shows the average detached housing prices for Vancouver, Calgary, Edmonton, Toronto, Ottawa* and Montréal* as well as the average of Vancouver, Calgary and Toronto condo (apartment) prices (Left Axis). On the right axis is the MLS Annual Total Residential Sales across Canada; the most recent data point being a projection to year end.

Meanwhile Edmonton, Ottawa and Montreal ticked down in their flat channels and Vancouver ticked up inside Bull Horse Mt

It remains interesting to note that the combined average price of a Vancouver, Calgary & Toronto condo is currently 26% more expensive than a median priced Montreal SFD and note also that in the spring of 2006, those 3-City average condos zoomed 58% in price (over $100,000) in just 3 months as the buy side of the market freaked out over the inversion of the 10yr less the 2yr spread as it went negative (Yield Curve). 

Mattress money has gushed into condos with no respect for fundamentals or plan for contingencies that may be required if Pit of Gloom II develops and one must write off capital gains and rely on employment earnings.

....related:



Read more...

Banner

Real Estate

Four Signs it is a Good Time to Sell

Share on Facebook Tweet on Twitter

Posted by Canadian Real Estate Wealth

on Wednesday, 15 October 2014 08:16

Screen Shot 2014-10-15 at 7.58.18 AMAre you thinking about selling? Best to consider these factors and avoid the following traps. 

1. Profit has been maximised: When a property has reached maximum value, there is little value in holding onto it for longer. Therefore this is generally considered the optimum time to sell.

2. Property has not performed: Having cash or equity tied up in an investment that has not performed (over a reasonable time period) can prevent an investor from reaching their financial goals.

3. Better opportunity elsewhere: Investors should know how each of their properties are performing relative to a) others in their portfolio and b) those in the market place. If another opportunity presents itself with greater investment prospects then it should be considered.
 4. Depreciation has been maximised: Depreciation on a property lasts for up to 40 years from the time of construction. Over time the value of depreciation recedes. This could weaken a property's cash-flow position to the degree that it becomes better to sell.
While a forced exit can cause investors to panic and make easily avoidable mistakes, there are a number of traps that any investor wanting to exit a property needs to be aware of, according to experts.

These include:



Read more...

Banner

<< Start < Prev 31 32 33 34 35 36 37 38 Next > End >> Page 36 of 38

Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Michael Campbell Robert Zurrer
Tyler Bollhorn Eric Coffin Jack Crooks Patrick Ceresna
Josef Mark Leibovit Greg Weldon Ryan Irvine