According to the latest data from the Canadian Real Estate Association (CREA), housing market conditions across Canada resulted in a new record for home sales in January, with 36,897 homes changing hands; a 35.2% increase on a year-over-year (y-o-y) basis. By comparison, new listings dropped nationally by 2.9% y-o-y, with just 52,342 ...
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It goes without saying that 2020 was an unprecedented year and that the ripple effect on the housing market was swift and notable. Across the country, home buyers, sellers, and renters re-evaluated their housing priorities as they navigated the COVID-19 pandemic, and many local housing markets saw several months of ...
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The New Vacant Property Tax will have an Impact on Canadian Housing Prices?  Implementation of Property tax Canada. Read Below: In March of 2021, the Canadian Real Estate Association announced that the average price for a home in Canada was now $715,300, with most provinces seeing an increase of pricing ...
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Toronto condos units record listings that ever seen in the past by 2020 which saw a whopping 219% increase as compared to 2019. Changing lifestyle priorities in the face of COVID-19, coupled with historically low interest rates resulted in a record-breaking year for real estate in Canada. Statistics Canada noted ...
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The price of penthouse real estate in Toronto To put things into perspective, the typical price of buying 1 bedroom condos is $679,182, whereas the price for one of Toronto's most expensive penthouses is anywhere from $2 million to $15 million. Penthouses are more expensive than traditional housing options or ...
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PRIME Condos, a 46-storey condominium building coming to Jarvis and Gerrard, is now hitting the market after gaining zoning approval from the City of Toronto. Developed by CentreCourt & Centrestone Urban Development Inc, the project has been advancing through the planning and approvals process since proposed in early 2017, and ...
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n January 2021, the number of properties sold across Manitoba was up a jaw-dropping 28% from January 2020. With numbers like this, it’s no surprise that Manitoba is in demand, as one of the hottest real estate markets among prairie provinces. But what makes Manitoba the destination of choice for ...
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The Treasury Secretary of the United States, Steven Mnuchin will visit Ottawa, Canada on Friday morning for a meeting with Canadian Finance Minister Bill Morneau. This is the first time a U.S Treasury Secretary visits the Canadian capital in a decade and comes at a period when the two countries ...
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With the help of high-tech marketing scheme, the chance of successfully selling your house can be significantly increased. Innovative techie tools has made it easier than ever. How so you may ask? Read below to find out more. #1. Drones To be able to show off and let potential buyers ...
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Canada Mortgage and Housing Corporation (CMHC) says the seasonally adjusted annual rate of housing starts fell to 194,663 units in May compared with 213,498 in April, the second consecutive monthly fall since a record high set in March. This is due to the fall of constructions intentions in Toronto, another ...
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