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<title>blogTO Recent Comments: This Week in Toronto Real Estate</title>
<link>http://www.blogto.com/feed/recentcomments/?9026</link>
<description>Comments recently made in this post on blogTO</description>
<copyright>Copyright 2009</copyright>
<lastBuildDate>Sun, 22 Nov 2009 00:39:20 PST</lastBuildDate>
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<title>James</title>
<description><![CDATA[
Patrick,

I agree.  Definately not a good time to buy.  Historically Real Estate has been cyclical: BOOM and BUST, so the above numbers posted are no surprise given the 10 years of boom we have had.]]>
</description>
<link>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c268320</link>
<guid>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c268320</guid>
<category>Toronto, City</category>
<pubDate>Mon, 10 Mar 2008 10:24:01 PDT</pubDate>
</item>
<item>
<title>Patrick</title>
<description><![CDATA[
Proud Canadian,

To your last point, Canada's economy did not come to a "screeching halt" in December or any time in the last while. You make it sound like we are Somalia or something. We're not -- we are rich babies able to spend our money on designer coffees, expensive dogs and iPods.

But yeah, BAD time to buy real estate.

]]>
</description>
<link>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c268201</link>
<guid>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c268201</guid>
<category>Toronto, City</category>
<pubDate>Sun, 09 Mar 2008 17:24:20 PDT</pubDate>
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<item>
<title>Proud Canadian</title>
<description><![CDATA[
Thank You Andrew for mentioning the slowdown in Real Estate in Toronto.  There are some very disturbing statistics that point to the fact that we are on the verge of a major correction: 


? In January, sales of pre-owned homes across Canada fell 6%, or an annualized rate of more than 70%, says the Canadian Real Estate Association.

? The number of people saying they are very likely to buy a new home within the next two years has hit the lowest point in 15 years, says a poll conducted by the Royal Bank.

? Home resales in Toronto last month crashed by 14%, says the Toronto Real Estate Board while price appreciation slows to 2% year

? The number of people trying to unload their houses has suddenly mushroomed. Listings soared to a new record in January across Canada, up 9% in a single month, says CREA.

? Stats Can reported that building permit applications plunged a third month in a row, stunning economists.

? Canada will most like be in a Recession this year.  Canadas economy came to a screeching halt in December as its GDP shrank.

Would you buy now?
]]>
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<link>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267856</link>
<guid>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267856</guid>
<category>Toronto, City</category>
<pubDate>Fri, 07 Mar 2008 20:53:16 PST</pubDate>
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<title>Andrew (author)</title>
<description><![CDATA[
To my Hamilton homies: Tongue was planted firmly in cheek. 

I agree, Hamilton does have good bones and will one day be a fine small city. Daring entrepreneurs like Stinson are exactly what the city needs. But seriously, 80 storeys in Hamilton?! Remember how much resistance the idea of 80 storeys got at Yonge and Bloor? But that's why I kinda like Stinson-he's not afraid to rock the boat.]]>
</description>
<link>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267803</link>
<guid>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267803</guid>
<category>Toronto, City</category>
<pubDate>Fri, 07 Mar 2008 16:46:57 PST</pubDate>
</item>
<item>
<title>Patrick</title>
<description><![CDATA[
Thank you Andrew for the comment about condos over a McDonald's. I've seen this done around Toronto recently, and to my mind it is evidence that people will buy ANYTHING. 

PS -- no disrespecting Steeltown allowed.]]>
</description>
<link>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267748</link>
<guid>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267748</guid>
<category>Toronto, City</category>
<pubDate>Fri, 07 Mar 2008 12:40:52 PST</pubDate>
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<title>uSkyscraper</title>
<description><![CDATA[
I concur - I'm personally thrilled to see Hamilton reappear in any sort of real estate news.  I'd much rather see it become Tacoma to our Seattle, or Providence to our Boston, rather than stagnating its way into an Oakland or Newark.    

New condos are certainly a good start, but lets see a renewed airport, historic streetscape restorations, light rail, microbrews, lofts, arts expansions and all that other good stuff now happening in smaller, post-industrial US cities.  Hamilton has the bones to be a great small city in a new golden age of cities.  ]]>
</description>
<link>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267744</link>
<guid>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267744</guid>
<category>Toronto, City</category>
<pubDate>Fri, 07 Mar 2008 12:29:23 PST</pubDate>
</item>
<item>
<title>Ham</title>
<description><![CDATA[
Why the potshot at Hamilton? It's a fine place, and for the past few years seeing loads of TO people move there because of the affordable houses and intact, interesting and good downtown/inner city. Stick to the real estate talk, leave the jokes to the professionals.]]>
</description>
<link>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267733</link>
<guid>http://www.blogto.com/city/2008/03/this_week_in_toronto_real_estate/#c267733</guid>
<category>Toronto, City</category>
<pubDate>Fri, 07 Mar 2008 11:11:44 PST</pubDate>
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