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Looking for a cottage? Recreational property prices are on the rise! Image

Looking for a cottage? Recreational property prices are on the rise!

In Ontario, recreational property prices increased 8% year-over-year. Properties with water access in places like Collingwood and Blue Mountain saw median prices going up as much as 36%. The Haliburton waterfront area saw prices increasing nearly 30%.

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Tension grows as Toronto councillors threaten to slow residential development Image

Tension grows as Toronto councillors threaten to slow residential development

Last week, councillors Mike Layton, Joe Cressy, and Kristyn Wong-Tam held a joint press conference and announced their “red light, green light” system for evaluating residential development proposals in their respective wards. 

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Toronto’s housing supply shortage could be preventing important life decisions Image

Toronto’s housing supply shortage could be preventing important life decisions

Have you put off moving? What was the reason? A new report suggests housing supply is tied to a decreasing mobility rate in some of Canada’s largest metro areas, including Montreal, Ottawa-Gatineau, Calgary, Edmonton, Vancouver, and Toronto. 

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How cycling infrastructure impacts residential development Image

How cycling infrastructure impacts residential development

There’s a short-term plan for 2019 to 2021 and a long-term plan for 2022 and beyond. A major facet of the update is to identify all the existing, planned, and proposed cycling routes across the city. 

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This is how much you need to make an hour to afford rent in Toronto Image

This is how much you need to make an hour to afford rent in Toronto

If you earn minimum wage, there’s a good chance you can’t afford to rent in any neighbourhood in Toronto, according to a new study by the Canadian Centre for Policy Alternatives. 

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These were Canada’s hottest sellers’ markets in June Image

These were Canada’s hottest sellers’ markets in June

What are home buying conditions currently like across Canada? The latest data out from the Canadian Real Estate Association paints a picture of stability, as sales and prices remain relatively unchanged from last year.

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OREA calls on political parties to ‘keep the home ownership dream alive’ Image

OREA calls on political parties to ‘keep the home ownership dream alive’

With only a few months until the federal election, the Ontario Real Estate Association is calling on the four leading political parties to prioritize keeping the “home ownership dream alive.”

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Should we be worried about the increase in mortgages with alternative lenders? Image

Should we be worried about the increase in mortgages with alternative lenders?

Government policy like the mortgage stress test was introduced to cool Canada’s housing market, which it did, but some buyers have decided to simply go a different route, and it could be bad for the overall health of the market. 

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New mixed-use community coming to downtown Mississauga Image

New mixed-use community coming to downtown Mississauga

Downtown Mississauga’s skyline is in for a big change as Crown Realty Partners and Plaza Partners recently announced the closing of a joint acquisition at a prominent intersection in the city. 

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Not having an oven is the right move for some people Image

Not having an oven is the right move for some people

Condo developers do so much research and consultation when it comes to designing a new residence, and I can tell you that if there wasn’t demand for a leaner appliance package, then there wouldn’t be options like this. 

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