Tag: Renters
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January 2020 Peterborough Stats and a look back…
2020 update: Peterborough is HOT and for all of the right economic reasons. I will lay those out below but first let’s look by the numbers. A look back to begin with; According the Canadian Real Estate Association, “The average price of a Peterborough home jumped to $416,011 in January (2019), up from $369,715 in…
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January 2020 T.R.R.E.B. Stats
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Unintended Consequences
I’m in my car a lot between appointments. This week my mind keeps drifting back to the new “AirBnB rules” in Toronto and Ottawa + the one-sided media coverage of the causes and ramifications. I’d like to state for the record I currently have no STR holdings and don’t see that as part of my…
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Rising costs and Slowing hammers
With current construction costs creeping higher by 4-5% year-over-year, property prices are of course going to move higher. And justifiably, builders are going to pass down those increases onto us buyers. Strikingly though, these increases do not even include the increases to land values on which these structures are built on. So it should not…