Is entrepreneurship the answer to Toronto’s rising home prices?
The federal government said this week it would conduct an analysis of the Canadian real estate market on the road to deciding whether legislative changes are needed to correct escalating prices or mitigate the effect of foreign investment on
Walkability: The Junction Triangle - 87
For the second installment of our Walkability series, we visited The Junction Triangle, as requested by real estate agent, Aleksandra Oleksak. Via Twitter, Oleksak told us that it’s her favourite neighbourhood in Toronto, and with all of the new
Price growth remains strong despite substantial increase in listings
The Toronto Real Estate Board released its resale housing market figures for May 2017, announcing that price growth remains strong despite a substantial increase in listings. In May 2017, there were 10,196 sales reported by Greater Toronto Area (GTA)
Mining Company Plans to Move Whole Town in Sweden
Okay, so everyone recently heard about the $55 million condo deal in Vancouver, which has been referred to as the biggest real estate deal in Canadian history. Sure, that’s an expensive move for someone (potentially a Middle Eastern prince), but how
City Living Attracts Many Generations
The 2015 edition of the annual Emerging Trends in Real Estate report from PricewaterhouseCoopers (PwC) confirms what many have seen developing over the past several years — the urban centres of cities are growing faster than the suburban areas.New
$55 Million Sale in Vancouver Biggest in Canada
On Sept. 25, Global News reported on what is being called the “biggest residential real estate deal in Canadian history.”The big dealBack in June, someone purchased the penthouse unit at the top of the Fairmont Pacific Rim hotel in Vancouver for $25
3-bedroom condo leases in the Greater Toronto Area soar by 47%
According to the Toronto Real Estate Board’s second quarter data, there were 9,749 condos rented through the MLS system in the second quarter of the year. This is nearly a 15% year-over-year increase.
Will taxing foreign investment cool the housing market?
CIBC’s deputy chief economist, Benjamin Tal, this week called for taxation of foreign real estate buyers in British Columbia, saying that while foreign investment isn’t the only thing driving Vancouver prices into the stratosphere, it is a factor. Taxing
Canadian Home Sales Decline for Fifth Consecutive Month
Recently, the Canadian Real Estate Association (CREA) released its report of Canadian home sales for January 2014.Canadian home salesAccording to the CREA, January 2014 marked the fifth consecutive month-over-month decline for Canadian home sales.
Will condo sales in Peel and Durham increase this year?
The Toronto Real Estate Board (TREB) released its condo market report for the fourth quarter of 2016, announcing that there was a double digit increase in sales growth and a double digit drop in the percentage of new listings compared to 2015. There
