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Ontario struggling the most with Canada’s rental affordability crisis Image

Ontario struggling the most with Canada’s rental affordability crisis

Thanks to the 2019 Canadian Rental Housing Index, we now have a better picture of the rental affordability crisis in Canada, and it hits hard in Ontario. Of the top 20 federal ridings with the worst rental affordability challenges, 11 are in Ontario.

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Canadian home sales increase for the sixth consecutive month Image

Canadian home sales increase for the sixth consecutive month

In August 2019, national home sales increased for the sixth month in a row, coming in 17% higher than the six-year low hit in February 2019. On a year-over-year basis, national sales jumped 5%, with significant activity in the Greater Toronto Area. 

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Central Park Tower now the tallest residential building in the world Image

Central Park Tower now the tallest residential building in the world

Topping out at 1,550 feet, Central Park Tower in New York City by Extell Development Company is now the tallest residential building in the world.

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See how much government fees increase new homes prices in the Greater Toronto Area  Image

See how much government fees increase new homes prices in the Greater Toronto Area

There’s been a lot of focus recently on the lack of supply and strong demand driving up home prices in the Greater Toronto Area, but there are other factors to consider: government fees, taxes, and charges.

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The gig economy should change mortgage lending practices Image

The gig economy should change mortgage lending practices

The Canadian Real Estate Association launched REALideas recently in anticipation of the federal election. One of the points they made is that mortgage lending needs to be updated to better serve those participating in the gig economy.

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All Toronto Catholic schools now equipped with AEDs thanks to partnership with The Mikey Network Image

All Toronto Catholic schools now equipped with AEDs thanks to partnership with The Mikey Network

The Toronto Catholic District School Board has taken important steps in making their schools a safer environment with the introduction of Automated External Defibrillators, provided by The Mikey Network. 

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Lower mortgage rates spur brighter outlook for resale housing market Image

Lower mortgage rates spur brighter outlook for resale housing market

With a strong summer coming to an end, the Canadian Real Estate Association updated its resale housing market forecast with a slightly more positive outlook for the rest of 2019 and beginning of 2020. 

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6 housing ideas to consider before heading to the polls in October Image

6 housing ideas to consider before heading to the polls in October

The Hub is called REALideas, and it has all the policy recommendations that the leading political parties should take into consideration when releasing their platforms in the coming weeks. 

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If you’re on the hunt for a new family home in Brampton, then you definitely have to check out the available detached homes at Riverview Heights by Ashley Oaks Homes. 
Millennials are flocking to KiWi Condos in Hamilton Image

Millennials are flocking to KiWi Condos in Hamilton

In search of affordable new home options, many millennials are leaving the Greater Toronto Area and flocking to areas like Hamilton, according to Rosehaven Homes’ sales activity at KiWi Condos.  

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