The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
The $100,000 condo bill
A university professor estimates that’s the cost per condo unit of replacing failing windows in older buildings. People may not anticipate all the costs associated with condo maintenance, he’s quoted as saying in this news story. “This is not the same as buying a house. These will require a much larger proportion of our dollars to operate and maintain.”
The big picture on housing
A U.S. investing blogger wonders if measures in the recent federal budget may help trigger a decline in house prices here in Canada.
Ever notice how the view on real estate is much more positive from Canadian sources? For example, there’s this look at what’s ahead for Toronto real estate.
This blog post is called Canada’s Housing Bubble in 60 charts.
And what about low interest rates, one of the big drivers of housing sales? The mortgage rate outlook panel on RateSupermarket.ca sees potential for lower fixed rate mortgage costs in the weeks ahead.
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