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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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» teranet-national bank house price index

Teranet: Canadian home prices fall in November for first time in almost a year

Posted on January 25, 2012 | buzzhomeblog Posted in MARKET | Leave a comment

It’s been awhile since we’ve mentioned Teranet and “home prices dropping” in the same sentence.

According to Teranet-National Bank house price index data released today, Canadian home prices fell in November 2011, the first time the index declined since a brief correction during the three months ending November 2010.

The data notes a modest drop of 0.2 per cent after two months of flat prices.

The national composite index tracks registered prices of homes sold at least twice. The data indicates that prices fell in eight of the 11 metropolitan markets tracked. Read more