Category Archives: Real Estate

Mortgage Investment Performance

Mortgage Investment Corporations Returns in 2015 The Toronto Stock Exchange lost about 9% last year. But one group of investments that performed well in 2015 were mortgage investment corporations (MIC.) In the beginning of 2015 I held three different MICs. Since I didn’t add any new positions throughout the year it’s easy to calculate my total annual returns from them. Let’s take a… Read More »

What to Know Before Selling Your House

By | 06/17/2015

Though the housing market has been in recovery, it’s still a tough time to try to sell a house. If you are considering putting your house on the market or you are in the midst of it, it pays to know a few things about what it takes to successfully sell and move out of your house. To… Read More »

Foreign Investment in Canadian Real Estate

Not in my Backyard  I recently read an article about a lower mainland couple who doesn’t like how a neighbouring $2 million house sits empty all the time. The yard is unkempt, there are no cars in the driveway and the lack of human presence is “driving [the couple] slightly bananas.” Sacré bleu! You mean to tell me that there… Read More »

Average house in Vancouver to cost $2.1 million by 2030

According to a Financial Post report the average price of detached homes in Toronto passed the $1 million mark for the first time last month. 🙂 The GTA has experienced a housing bull market for almost 2 decades and there is no sign of it stopping. I want to congratulate Torontonians for reaching the $1 million milestone. Welcome to the club.… Read More »