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Are there too many condos in Toronto? Real estate wiz Brian Persaud takes on this contentious issue


The following is a guest post by Brian Persaud, a Toronto based real estate agent, investor, analyst, TV show host, producer and author of the forthcoming book "Investing in Condominiums". He is a provider of Toronto condominium information and a good friend to the folks of BuzzBuzzHome. Read more

A day at the Beach in November? You better believe it! Beach Club Lofts holding exclusive preview event this weekend [PICS]


Those temperatures won't be going back up any time soon, so a day at the beach might seem like a "strange" concept at the moment.But it's not too hard to imagine spending a day at the Beach Club Lofts, the boutique residence by Zen Homes that's only Read more

We're feeling like nobility just looking at these new renderings from The Royal Collection


When you're searching for homes in a place like King City, we're guessing you might be looking for something with a hint of royalty. Well, this project by Zancor Homes registers pretty high on the royalty scale, so high in fact, that they simply named it The Royal Read more

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MARKET

Calgary named one of the world’s fastest growing cities thanks to affordability, low taxes, and energy

Posted on February 8, 2012 | buzzhomeblog Posted in ALBERTA, DEVELOPMENTS, MARKET | Leave a comment

We always knew Calgary had some serious street cred, but there’s a new study backing up its stellar reputation.

New Geography just released its list of the world’s fastest growing cities, and Calgary is featured in the top 20.

The list is a bit different than the ones we normally see as New Geography chose to ignore established world players like New York, sprawling mega cities like Mexico City, and recent newcomers like Toronto that have gained popularity and charm in the last few decades.
Read more

Keep building! Toronto’s population grows by 9.2 per cent in five years

Posted on February 8, 2012 | buzzhomeblog Posted in MARKET, WATER COOLER | Leave a comment

Toronto’s population is burgeoning according to new census data released today by Statistics Canada.

The population of the Toronto census metropolitan area increased by 9.2 per cent since the last census in 2006. That increase was ahead of the national growth rate and Ontario’s growth rate over the same period. The national growth rate was 5.9 per cent while the province’s population increased by 5.7 per cent.

It should be noted that those rebellious statisticians at StatsCan measure populations and growth in census metropolitan areas and these don’t conform to established municipal boundaries. Those rascals! Read more

Buzz Talk with Paul Johnston [INTERVIEW]

Posted on February 8, 2012 | buzzhomeblog Posted in BUZZTALK, DEVELOPMENTS, MARKET, ONTARIO | 1 Comment

In today’s edition of Buzz Talk, we get into some serious real estate shop talk with agent extraordinaire, Paul Johnston.

Paul’s reputation has been building steadily in Toronto and his name has been attached to a ton of great projects (Edition Richmond and Abacus Lofts come immediately to mind).

We talk modernist architecture, get an agent’s perspective on whether Toronto’s market is oversupplied and finally get a straight answer on the existence of the secret real estate sales rep club.

Enjoy!

BuzzBuzzHome: When did you decide to hop into the real estate world?

Paul Johnston: I got licensed in real estate just a little over six years ago, after doing all sorts of careers I loved. Read more

Straight from the Experts: All you ever wanted to know about new home purchase costs in Alberta

Posted on February 8, 2012 | buzzhomeblog Posted in ALBERTA, DEVELOPMENTS, MARKET | Leave a comment

Pixel by Battistella in Calgary, one of many amazing Albertan developments.

The following article is a guest post by Brennan Valenzuela, a writer for Ratehub.ca, a website that allows people to compare Canadian mortgage rates. It also features a comprehensive education centre to help address common first-time home buyer questions. Ratehub is a great source for all the latest Canadian mortgage news.

Alberta housing market overview

The oil and gas industry continues to prop up Alberta as a great destination to buy a home. According to StatsCan, Alberta has the highest median total income in Canada, excluding the North West Territories. Read more

Do you have my card? A Starbucks is opening down the block! It’s all here in “Stuff” Realtors Say

Posted on February 7, 2012 | buzzhomeblog Posted in MARKET, WATER COOLER | Leave a comment


By now you’re probably familiar with all the popular YouTube videos that poke fun at the often stereotypical and canned phrases we all say from time to time. It was only a matter of time until real estate agents had their turn in the spotlight.

Check out this video for a take on what you’re likely to hear coming out of your, or your agent’s, mouth when purchasing a new home.

Urbanation: 2011 was a record breaker for GTA condo sales and market will remain strong in 2012

Posted on February 6, 2012 | buzzhomeblog Posted in MARKET | 3 Comments

Urbanation released its Toronto CMA Q4-2011 market overview today to much fanfare.

According to the report, there were 7,226 new sales in Q4-2011, the highest of any fourth quarter on record. This huge number helped the Toronto CMA reach a record high of 28,190 new condominium apartment sales in 2011.

The new record shattered the previous high of 22,654 sales in 2007 by a whopping 24 per cent.

We perused the Urbanation release this morning and found plenty of other tantalizing facts and figures, including what we should expect from the market in 2012. Read more

Who were Toronto’s top performing builders in 2011? Brian Persaud reveals the top ten here…

Posted on February 3, 2012 | buzzhomeblog Posted in DEVELOPMENTS, MARKET, ONTARIO | Leave a comment

The following is a guest post by Brian Persaud, a Toronto based real estate agent, investor, analyst, TV show host, producer and author of the book “Investing in Condominiums: Strategies, Tips and Expert Advice for the Canadian Real Estate Investor“. He studies Toronto condos extensively and is a good friend to the folks at BuzzBuzzHome. You can follow him on Facebook, Twitter or subscribe to his newsletter. And now here’s Brian!

Now that the record setting 2011 is over it’s time to reflect as we head into 2012.

Here’s a quick recap of the RealNet numbers in comparison to last year’s: Read more

An Electrifying Debate: Who picks up the bill when you recharge your electric car?

Posted on February 1, 2012 | buzzhomeblog Posted in MARKET, TECH | 1 Comment

The following is a guest post by Marc P. Kemerer a partner with Blaney McMurtry LLP in the firm’s Planning and Expropriation law group and the Architectural/Construction/Engineering Services (ACES) Group. Marc has acted for a number of large developers and regularly provides strategic and legal advice on large residential, condominium, retail/commercial and subdivision developments.

Forget pensions, the latest issue coming out of Ottawa involves a dispute between a condominium owner (the “Owner”) and his condominium board (the “Board”) in that city. Read more

Nine tell-tale signs you’re a real estate obsessed nerd!

Posted on February 1, 2012 | buzzhomeblog Posted in ALBERTA, BC, DEVELOPMENTS, MARKET, ONTARIO, QUEBEC, WATER COOLER | 5 Comments

What happens when someone accuses us of being real estate nerds? We say, yes, we most certainly are! That’s something to be proud of here at BuzzBuzzHome and we’re always happy to meet other real estate obsessed nerds from all over the world.

Aren’t sure if your interest in real estate has become a full-blown obsession? Lucky for you, we’ve compiled a list of tell-tale signs that you’ve got a serious case of real estate fever.

If you can relate to any of these then we’d say “Welcome to the real estate nerd club”.

1. You get a thrill out of seeing renderings for a new condo launch before they are released to the public (and, take great pride in leaking them to others).

2. You drive by condo lineups, just to check how many people are in line. Read more

BMO: No housing crash in the cards for Canada

Posted on January 30, 2012 | buzzhomeblog Posted in MARKET | 4 Comments

How about a little good news to start the week out right?

A special report published today by two Bank of Montreal economists stated that while the Canadian housing market will cool, it will not crash as some have predicted.

In their report, Dr. Sherry Cooper and Sal Guatieri acknowledged that Canadians were frequently confronted with predictions of an imminent collapse of the country’s overvalued housing market. However, the two senior economists argue that “the housing market will more likely cool than correct, even in condo driven Toronto.” Read more

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