Will Vancouver’s luxury home market bounce back this spring? Image

Will Vancouver’s luxury home market bounce back this spring?

Vancouver’s shift to a buyer’s market continued in both the condo and single-family markets. Buyers and sellers have stepped to the sidelines; buyers want to see if prices will keep dropping and sellers are hoping prices stabilize or go back up.

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The Greater Toronto Area’s top-tier real estate market will be strong this spring Image

The Greater Toronto Area’s top-tier real estate market will be strong this spring

Sotheby’s International Realty Canada released its 2019 Spring Outlook Real Estate Report, predicting an active pace for the Greater Toronto Area’s top-tier real estate market. 

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National home sales fall to lowest level since November 2012 Image

National home sales fall to lowest level since November 2012

The Canadian Real Estate Association released its monthly national sales figures for February 2019, reporting a drop in activity. 

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Non-residents own more than 7% of condo units in Toronto Image

Non-residents own more than 7% of condo units in Toronto

The Canada Mortgage and Housing Corporation released its latest Housing Market Insight report, highlighting some new data gathered on non-resident homeownership in British Columbia, Ontario, and Nova Scotia. 

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Don’t expect to see a spike in detached home construction this year Image

Don’t expect to see a spike in detached home construction this year

The Canada Mortgage and Housing Corporation released its monthly housing starts report for February 2019, reporting a drop in new home construction. 

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Rezoning for transit oriented development is the key to new housing supply Image

Rezoning for transit oriented development is the key to new housing supply

According to a new report from the Centre for Urban Research and Land Development, there’s plenty of space for new transit oriented development, but outdated city bylaws are preventing new housing from being built. 

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If Toronto property taxes spike should the municipal land transfer tax be eliminated? Image

If Toronto property taxes spike should the municipal land transfer tax be eliminated?

Ever since a new report came out about how there’s room to increase Toronto’s residential property taxes, I’ve seen a lot of different opinions surface. Here’s what I think...

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Greater Toronto Area home sales drop as prices continue to rise Image

Greater Toronto Area home sales drop as prices continue to rise

The Toronto Real Estate Board released its monthly resale housing market results for February 2019, reporting a drop in sales and a need to revise the mortgage stress test. 

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Torontonians have mixed feelings about the rental market Image

Torontonians have mixed feelings about the rental market

Forum Research released the results of one of its latest polls about rental housing in Toronto. The poll found that the majority of Torontonians believe the City of Toronto should have authority on rental housing issues like evictions.

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CHBA recommends 5 ways to address housing affordability challenges Image

CHBA recommends 5 ways to address housing affordability challenges

At the end of February, the Canadian Home Builders’ Association Day on the Hill took place, where CHBA met with members of parliament and senators to provide potential solutions to the housing affordability challenges Canadians face across the country. 

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