Jan 262014
 

As long as new home construction lags (as it has for many years even in growing areas of the GTA like Oakville), upward price pressure will continue for resale homes. Thirty years ago, according to the National Association of Realtors, people moved on average every 5 or so years. Today, that number is over 12.

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Jan 242013
 

As noted in my blog earlier this week, and as discussed at my October Business Mixer, the supply of new home builds is far exceeded by demand. Resale home prices are thus propped up by the new home shortage-especially those resale homes that have been renovated. But what of tired, poor curb appeal, non-renovated homes?

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Jan 222013
 

Us 40 and 50 somethings should get with the program. It’s often said-’Toronto can’t support so many condo developments.’ In the past I’ve kind of agreed, but no more. My response will be “There are going to more, and not just in the Core.” It is true that a very high percentage of purchasers over the

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Nov 272012
 

Michael Wright is a consultant and former Chairperson of the Peel Advisory Working Group on Older Adult Housing. His consulting company, A-Team Strategies, places a strong focus on the shelter and financial needs of Canada’s 55+ population. I have taken a number of seminars with Mr. Wright and implemented many of his suggested strategies and tactics to help

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