Friday, September 5, 2014

 
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05 September 2014  
 
Market Update
 
 
 
 
 
Canadian real estate among the world’s most overvalued
 
The Economist has revealed data that shows that Canada’s real estate is some of the most overvalued in the world; by around 25 per cent.
 
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After the August slow-down the fall market gains pace
 
August was a slower month for real estate after a vibrant July but now that Labour Day has been and gone things are already shaping up for a busy fall.
 
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Toronto’s ‘poor doors’ in condo developments
 
It’s a trend that’s been seen in New York and has sparked criticism and now it’s also being seen in Toronto.
 
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Canadians taking on more debt
 
Credit agency Equifax says that Canadians are increasing their debt levels, fuelled by mortgages and personal loans.
 
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