Canada Real Estate: The inevitable outbreak of new prices
Kelly McParland: The housing bubble could burst at any time, and Liberals are playing roulette
Among the reams of articles written about Canada’s vertiginous housing prices is a piece from the Globe and Mail warning that bubbles never last. “The resilience of the Canadian housing market continues to confound experts,” wrote the author. “Last April, I wrote about the hot housing sector in Canada. Since then this sector has become even hotter, exhibiting strong signs of a classic bubble. More than ever before, I believe that Canada’s housing market is due for a severe correction.” That was in 2012, when you could have bought a detached home in Toronto for what — half? a third? — of the king’s ransom now being demanded.
prices for Pascal Boulanger, President of the Federation of Real Property Promoters, and invited "Great Appointment From Real Estate "(Capital / Radio Immo) of November, there is no doubt: the rareflation of program launches will inevitably continue to pull the prices of the new upwards. Find our interview in the video above.
Guest of the "Large Real Estate Appointment" (Capital / Radio Immo) of November, Pascal Boulanger, President of the Federation of Real Estate Promoters (REIT) draws up a bitter diagnosis of the evolution of the new market Goes into the crisis ... For two years, the launches of new programs and by Ricochet new housing sales continue to retire. In the third quarter 2021, housing reservations have declined again by 3% compared to the same period a year rather!
Ottawa Senators hit the ice following COVID-19 outbreak
The Ottawa Senators held their first practice at the Canadian Tire Centre Saturday after the National Hockey League (NHL) postponed the team's games earlier this week following a COVID-19 outbreak. The outbreak affected 10 players and the team's associate coach Jack Capuano. Earlier in the day, the team announced that eight players, as well as the assistant coach, had been given the green light to return to the ice. "For the most part, every one of us has grown up wanting to be in hockey your whole life and this is what we do," said head coach D.J. Smith at a press conference following the practice.
For the president of the promoters, this stop is not directed associated with the demand of buyers, which remains supported by low rates and aids for solid purchasing (Pinel, PTZ ...). According to Pascal Boulanger, the real reasons for this slowdown are rather to look for more and more reluctant mayors - often under the pressure of their citizens - to issue new building permits ... direct consequence of this progressive market dewatering : The new prices fly away, sometimes at unbridled rhythms (+ 28% in one year at Le Mans, + 14.6% in Caen ...). And this outbreak does it only started ... Find our video maintenance in the video above.>> On video - Find all of our November show dedicated to the new housing market
Gross shareholder Haselsteiner shall stop: Spac IPO of Signa Sports United before Christmas .
Hans Peter Haselsteiner, large shareholder of the construction company Strabag, has significantly expanded its share of Signa Holding. After releasing the stock market order, the IPO of SSU is probably nothing in the way. © dpa signa holding is the parent of Karstadt. The group can be found again with a new coverage.