Category: Featured

Neapolitan Life in the Red Zone

TORONTO – Long before there was a Vesuvius Observatory monitoring its seismic activity, the volcano famously buried two Roman cities under layers of its ash, pumice and pyroclastic surges. What’s left of Pompeii and Herculaneum serve only to haunt today’s travellers who walk among their ruins. 

Homes sell for under the asking price in the GTA. And rents in Canada fall for 11th straight month

TORONTO – In almost every neighbourhood in Toronto and the GTA, homes sold for below asking prices last month, according to a report by Wahi, a real estate analytics firm. “In August, the share of neighbourhoods in underbidding territory across the region matched a three-year high” said Wahi’s Josh Sherman. According to the report, released on September 4 (and available here), 98% of GTA neighbourhoods with at least five home sales during the month were underbid in August, up from 95% in July and 89% a year ago.