Canadian real estate activity continues to lose steam in November 2018 Image

Canadian real estate activity continues to lose steam in November 2018

The Canadian Real Estate Association released its monthly home sales results for November 2018, as well as an updated resale housing forecast based on data up to the end of last month. 

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Average rent in Toronto will increase 11% in 2019, says new report Image

Average rent in Toronto will increase 11% in 2019, says new report

A recent rental report highlights the most expensive places to rent in Canada, and you won’t be surprised to hear that Ontario markets dominate the list. 

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Average home sale price expected to jump 10% next year in this city Image

Average home sale price expected to jump 10% next year in this city

RE/MAX recently released its 2019 Housing Market Outlook, reporting that Canada’s housing market will continue to stabilize next year.

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Missing middle housing essential for growth of GTHA Image

Missing middle housing essential for growth of GTHA

The Canadian Centre for Economic Analysis released a new study recently, reporting how the Greater Toronto and Hamilton Area will be impacted by the lack of missing middle housing and the potential effects of the new Local Planning Appeal Tribunal system.

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Condo construction on the rise as detached homes remain unaffordable Image

Condo construction on the rise as detached homes remain unaffordable

The Canada Mortgage and Housing Corporation released its housing starts results for November 2018, reporting the national housing starts trend increased last month. 

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Canadian housing market won’t crash like the U.S. Image

Canadian housing market won’t crash like the U.S.

The Chartered Professional Accountants of Canada conducted a study to see if Canada’s housing market shared the same fate as the United States, with regards to the 2008-09 bubble and crash. 

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Toronto real estate price growth continues to moderate Image

Toronto real estate price growth continues to moderate

The Toronto Real Estate Board released its monthly resale market results, reporting a continuation of moderate price growth in the Greater Toronto Area. 

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Surprise: Toronto far from Ontario’s top sellers’ market Image

Surprise: Toronto far from Ontario’s top sellers’ market

According to the Canadian Real Estate Association, an SNLR between 40 – 60% is considered a balanced market, with below and above that threshold indicating buyers’ and sellers’ conditions, respectively.

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Ontario vacancy rate remains near historical lows Image

Ontario vacancy rate remains near historical lows

The Canada Mortgage and Housing Corporation released its latest Rental Market Survey, reporting a drop in the overall vacancy rate. 

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35 new home openings in the Greater Toronto Area lead to boost in supply Image

35 new home openings in the Greater Toronto Area lead to boost in supply

The Building Industry and Land Development Association released its new home market results for October 2018, reporting an increase in activity in the Greater Toronto Area. 

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