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Condo market could ‘overshoot’ in some cities, Mark Carney warns

May home sales flat, but prices rise 8.6%

http://www.youtube.com/watch?v=IJy-t_yc9l8 Made it easier for people to view it... Looks wild! I'm not sure if I would be able to do it though lol.

Taken just outside of my backyard. Sorry about the poor quality, it's only a 7MP camera with an awful zoom.

Well this section appears to be complete. Michael Thompson said they will be planting trees/shrubs, not sure exactly where though. Quite a few people seem to be using it already, cyclist, joggers, skaterboaders, families pushing strollers etc. Looking south towards Kennedy Station...

From Rob Ford's twitter: @TOMayorFord #TOCouncil has rescinded the mandatory #TTC Metropass program for new condos built in #Toronto. Discount passes still available #FB

As someone else said, results are out for the first 2 weeks of May. Condo sales in the 416 are down 12% and prices are only up 1% y/y. http://www.torontorealestateboard.com/consumer_info/market_news/news2011/pdf/nr_mid_month_0511.pdf

Home prices continue climb

I was wondering the same thing. This was actually my favorite part of this forum...

Canadians borrowing more against their homes And a similar article from Globe and Mail http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/debt-on-home-equity-lines-of-credit-220-billion/article2018424/

Not really relative to this thread but I'll post this article anyways. Torontonians are willing to pay the price for condo lifestyle http://www.canadianbusiness.com/article/24490--torontonians-are-willing-to-pay-the-price-for-condo-lifestyle--page1

From Karen Stintz via twitter: @TTCchair More info on #TTC Eglinton Crosstown LRT Meeting, including a PDF file of parts of the presentation: http://www.stintz2010.com/wp-content/uploads/2011/04/Eglinton-LRT-April-2011-Presentation.pdf

Anyone else notice there seems to be more commercials/advertising for condos in the past year? Actually I don't recall hearing or seeing any commercials for condos 2-3 years ago. All I ever heard about is how A condo has 100 ppl lined up, B condo has 150 ppl lined up since 2 days ago and people...

http://www.torontorealestateboard.com/consumer_info/market_news/news2011/pdf/nr_mid_month_0411.pdf

Foreign property buyers restrictions needed? http://www.cbc.ca/news/business/story/2011/04/11/bc-vancouver-ladner-residential-restrictions.html?ref=rss

Has anyone else been taking a look at some of the real estate statistics from other "major" canadian cities? I just took a quick look. Calgary, (March) year over year prices are down. Edmonton, (February) YOY prices are down. Vancouver, (February) YOY prices are up. Victoria, (March) YOY...

I found the video, wow. http://www.youtube.com/watch?v=WYnP4Cs6rgE

Here's a good article from Macleans about the Canadian economy, TSX and the housing market. 2 guys with two different views. The Canada bubble

An article from CNN http://money.cnn.com/2010/11/12/real_estate/canada_housing_bust.fortune/index.htm

Similar article from cbc as well Condo sales surge in Ontario cities