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Toronto Real Estate Roundup December 16th 2011

John Pasalis in Real Estate Roundup   

 

Record high household debt in Canada triggers alarm (Globe and Mail)

Debt-Payments-to-Income. A Trend to Watch (Canadian Mortgage Trends)

Canadian home sales edge higher in November (CREA)

Toronto real estate market favours sellers (CTV)

Q&A: Is Toronto in a real estate bubble? (National Post)

Toronto house prices hit new record (Toronto Star)

The Case of the Condom-inium (Toronto Standard)

Mortgage rules should be stricter: TD chief (Globe and Mail)

Housing industry shy on new rules (National Post)

Agent sues for $3,340 after home deal goes sour (Toronto Star)

Flatiron building sold for $15.3M (National Post)

Saadi Gaddafi’s $1.6M Toronto condo: dictator’s son owns penthouse near waterfront (National Post)

Saadi Gadhafi’s million-dollar (but unused) Toronto penthouse (Yahoo)

Real estate: What you got in Toronto for $500,000 in 2011 (Globe and Mail)

Real estate: What you can got in Toronto for $1 million in 2011 (Globe and Mail)

Rob Ford pledges to reduce land-transfer tax by the end of next year (National Post)

Chinese property: a lofty ceiling (Financial Tiles)

Published: December 16, 2011

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