A New Reason to Buy New: “Third-Hand Smoke”
Image via CTV (AP Photo/Dave Martin)Should you buy a new home or resale? The age-old question leaves most prospective homebuyers on the fence. Well, thanks to the National Post, we’ve discovered a new reason to buy new!What is third-hand smoke?According
Condo Construction Rises with the Summer Heat
The Canada Mortgage and Housing Corporation (CMHC) released its monthly national housing starts data for June 2015, announcing a surge in condo construction.In June 2015, housing starts in Canada were trending at 183,959 units, a slight increase compared
Condo Construction Surges in May 2015
The Canada Mortgage and Housing Corporation (CMHC) has released its May 2015 national housing starts report, announcing a surge in condo construction.Last month, housing starts were trending at 181,231 units, compared to 179,524 in April. The trending
Is White the New Roof?
Image via VangViet.comBy Penny MunozIn case you’re only tuning into the discussion now, white roofs aren’t just a trend, and researchers at Lawrence Berkeley National Laboratory are doing everything they can to prove that white is better than black and
Inventories High, Housing Starts Low
The Canada Mortgage and Housing Corporation (CMHC) announced that national housing starts were trending at 189,837 units in August 2014, which is practically unchanged from July’s 189,596 starts.The trending figure is a six-month moving average of
Expect home sales to drop off in early 2018
The Canadian Real Estate Association (CREA) released its monthly home sales data for November 2017, and they also updated their resale housing market forecast. From October to November, national home sales jumped 3.9%, an unusual
How can Ontario sustain a healthy rental vacancy rate?
The Canada Mortgage and Housing Corporation released the results of its Rental Market Survey, announcing a decline in the national average vacancy rate, offsetting two years of increases. The average vacancy rate of purpose-built (primary)
Canadian home sales climb in December
The Canadian Real Estate Association (CREA) released its national home sales report for December 2017, announcing another month of increased activity. Despite the typically slow season, December 2017 was the fifth consecutive month of
