Housing bubble to intensify and amortization periods to stay the same: This week’s top real estate stories

Plus, this week’s lowest mortgage rates in Canada

, The Globe and Mail spoke to Sarah, 39. She’s a civil servant with an annual salary of $48,000 who owes $164,199 in mortgages. She’s working with a financial planner and she’d like to retire before 68 with $1.3-million in savings.Home of the Week, 420 Bloomfield Main, Prince Edward County, Ont.Tara McMullen/Tara McMullenHome of the Week, 420 Bloomfield Main, Prince Edward County, Ont.Tara McMullen/Tara McMullenHome of the Week, 420 Bloomfield Main, Prince Edward County, Ont.

The house is 4,000 square feet, has four bedrooms and three bathrooms. The dining room features the original arched cast iron fireplace grate, with a refurbished gold cover. Built in 1868, the house features three fireplaces. There’s a thematic flow from one room to the next, playing on the original details of the house but with an updated palette. The attention to each room meant that even the laundry room, where the most mundane of tasks is performed, is wrapped in floral wallpaper.

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