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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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» canadian housing market

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

Posted on May 17, 2012 | buzzhomeblog Posted in MARKET | Leave a comment

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.

Who could resist purchasing a home in Newfoundland and Labrador? With its stunning coastlines and natural wonders, you may be fortunate enough to spot breaching whales or icebergs. Read more

Brad J. Lamb debunks the argument that Toronto’s condo supply is unsustainable

Posted on May 10, 2012 | buzzhomeblog Posted in MARKET | 1 Comment

Brad J. Lamb is truly a man who needs no introduction, but we’re going to give him one anyway.

Mr. Lamb is a development extraordinaire. His company, Lamb Development Corp. has 11 projects selling in Canada including notables like The Brant Park in Toronto, 6th and Tenth in Calgary and SoBa Condos in Ottawa.

Clearly, he’s not lacking experience when it comes to the Canadian real estate market so it makes sense that he was invited to appear on CTV News on May 8th to discuss the Toronto condo craze and the newly released CMHC numbers.

As you may know, according to the CMHC, the annual pace of home starts rose 14 per cent to 244,900 in April.

Here’s a few of the key quotes from Lamb’s CTV News segment… Read more

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

Posted on April 18, 2012 | buzzhomeblog Posted in MARKET | Leave a comment

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.

The Maritime Provinces typically have lower average home prices than the rest of Canada, which is a bonus if you’re looking to buy in a new house or condo closer to the Atlantic. Read more

Why Canada is the best place on Earth [INFOGRAPHIC]

Posted on April 17, 2012 | buzzhomeblog Posted in MARKET, WATER COOLER | Leave a comment

Canada Kicks Ass Infographic1

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Stats Canada: New home prices are up in February

Posted on April 12, 2012 | buzzhomeblog Posted in MARKET | Leave a comment

BuzzBuzzHome’s official stance on Stats Canada housing data is that it is not very accurate and should not be relied upon. Take this with a grain of salt. Read this discussion on our forum for more info.

Yesterday we reported that national housing starts were on the rise in March and that Toronto was driving the big increase. Now, new data from Statistics Canada indicates that the region is driving new home price increases as well.

According to fresh stats released today, prices for new homes in Canada rose 0.3 per cent in February. Read more

National housing starts rise in March and Toronto is in the driver’s seat

Posted on April 11, 2012 | buzzhomeblog Posted in MARKET | Leave a comment

Housing starts grew more quickly than anticipated in March, with the seasonally adjusted annual rate of housing starts at 215,600 units, according to Canada Mortgage and Housing Corporation (CMHC).

At 58,300, the number of overall starts in Toronto stood out nationally and was well above the six-month moving average. So what gives?

“After such high volumes of pre-construction condominium sales over the past couple years, the timing of construction starts for these large projects can inflate the numbers in any given month,” Shaun Hildebrand, a senior analyst at BMO Nesbitt Burns, explained to the Globe.

Shifting our focus to the national scale, urban starts increased by 4.2 per cent to 192,100 units in March and multiple urban starts were up by 8.3 per cent to 124,100 units. Read more

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

Posted on April 5, 2012 | buzzhomeblog Posted in MARKET | 1 Comment

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.

The housing market in New Brunswick

This year the Canadian Real Estate Association (CREA) forecasts home prices will remain relatively the same over the next two years, at an average price of around $160,000. The Province of New Brunswick has the second lowest average home price in Canada, just ahead of Prince Edward Island. Read more

RateHub: Canadian housing market will cool, not crash [INFOGRAPHIC]

Posted on March 27, 2012 | buzzhomeblog Posted in MARKET, WATER COOLER | Leave a comment

Thanks for letting us share your infographic with the world RateHub! Are you interested in seeing more infographics, check out some BuzzBuzzHome originals here, here and here!

Re/Max: Canadian housing market off to a strong start in 2012

Posted on March 22, 2012 | buzzhomeblog Posted in MARKET | Leave a comment

Homebuying activity is off to a strong start according to a report released today by the real estate super giant, Re/Max.

“Major Canadian real estate markets continued to show exceptional resiliency throughout the first quarter of the year, with strong demand and diminished supply setting the stage for a heated spring 2012,” the company said in a press release.

The Re/Max Market Trends Report looks at sales, price, trends and developments in 15 markets across Canada. Read more

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

Posted on March 21, 2012 | buzzhomeblog Posted in DEVELOPMENTS, MARKET, QUEBEC | 1 Comment
residencesatritzcarltonmontreal

The Residences at the Ritz Carlton Montreal

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.

The Quebec housing market is expected to rebound in 2012 and 2013 after sales decreased 3.5% in 2011. Hockey, poutine, and now condos — is something on the list of things that Quebecers love. According to the CMHC, condo construction in Quebec helped boost the national number for housing starts in February! Read more

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