The CMHC recently released a report which attempts to predict the state of housing in our city next year. The report is bullish, suggesting prices on average will rise by roughly 5% – taking the average home price to between 740 …
Read More »The CMHC recently released a report which attempts to predict the state of housing in our city next year. The report is bullish, suggesting prices on average will rise by roughly 5% – taking the average home price to between 740 …
Read More »It’s striking to see the shift in the media’s tone on real estate over the last few months. The positivity started in earnest in late June and early July, and began to pick up as the summer ended and the school year began. …
Read More »As of September 2, 2019, one of the biggest federal programs to help home buyers in many decades is now in effect. The First Time Home Buyer Incentive, or FTHBI, offers eligible buyers up to 10% of a home’s purchase price (money …
Read More »The good news we’ve been writing about haven’t been limited to real estate in Toronto, southern Ontario, and the GTA, it’s spreading across the country. The national real estate benchmark, which outlines real estate …
Read More »Just look at these numbers, a 4.4% increase in prices from June figures, sales up over 24% from July 2018, and overall sale prices up 3.2% from July of 2018. The average Toronto home sold for just over $806K. The number of properties …
Read More »A few generations ago in the halcyon golden age of 1950s prosperity in Toronto, family homes were incredibly cheap. With newfound post-war home loans for returning GIs, abundant land for development, and a rip-roaring economy, young c …
Read More »There’s a very big real estate story that isn’t getting much widespread coverage in the community. When federal regulators announced the unveiling of tighter rules on uninsured mortgages and mortgages with down payments of …
Read More »Toronto had its best June for real estate in over 2 years. With over 8,800 units sold, we beat our 2018 and 2017 figures. Only in 2016 was the number of sales around this time of year higher. Also recall that 2017 was a blockbuster ye …
Read More »Oxford Properties, the real estate arm of OMERS, the pension plan for Ontario’s municipal workers, has signaled its intention to build a $3.5 billion mixed use project just north of the Rogers Centre and CN Tower. The proposed d …
Read More »The latest stats are out and they’re very good for Toronto real estate. Sales last month rose by 19% from May 2018 figures. The number of transactions almost hit 9,900 and are approaching more robust historical averages. Home pr …
Read More »Ontario’s powerful realtors and their respective lobbying vehicle, the Ontario Real Estate Association (OREA) have asked Doug Ford’s provincial government to outlaw the practice of ‘bully offers.’ A bully bid i …
Read More »Budget 2019 is the final Liberal budget before this year’s election. It outlined billions of dollars in new spending to please key Constituencies across the country. The Federal government has seen its revenues rise by over $10 …
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