According to the Canadian Real Estate Association, an SNLR between 40 – 60% is considered a balanced market, with below and above that threshold indicating buyers’ and sellers’ conditions, respectively.
The Canada Mortgage and Housing Corporation recently announced that since 2016 nearly 1 million people across the country have benefitted from the federal government's investments in building more affordable housing.
According to the Metropolitan Outlook: Autumn 2018 report by the Conference Board of Canada, Montréal is the metropolitan growth leader in Canada this year. What does this mean for the city’s housing market?
The Building Industry and Land Development Association and Malone Given Parsons released the Greater Toronto and Hamilton Area Land Supply Analysis, reporting that the province’s growth policies have led to a lack of supply and higher priced housing.
On The Block Realty developed the auction platform. The listing had a number of viewings before the auction date, and in their release, they say people were receptive and interested in the open auction bidding process.