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Newcomers represent one in five home purchases in Canada

10/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu

This demographic is likely to account for nearly 700,000 home sales over the next five years.

... More


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Ownership registry to help stamp out money laundering in housing

10/21/2019 | Posted in Canadian Housing Market by Jessi Sandhu

This is the best place to start in fighting off the influence of illicit foreign money.

... More


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Canadian mortgage debt growth continues unabated

10/10/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s ... More


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Population growth continues to drive Canadian condo market activity

10/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu

Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these ... More


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Mortgage interest cost index slows but cost of living remains higher

10/21/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The cost of living was higher across many products and services in September.

... More


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Toronto's rent rate growth has markedly decelerated during Q3 2019

10/21/2019 | Posted in Toronto Real Estate by Jessi Sandhu

At present, Toronto is far more hospitable to renters than buyers, with the average surveyed rent for recently leased units increasing at the slowest rate in two years.

... More


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Toronto commercial taxes far outstrip residential rates

10/18/2019 | Posted in Commercial Real Estate by Jessi Sandhu

Toronto's commercial property tax rate is at “unreasonable” levels, clocking in at almost four times higher than the residential rate, according to a new ... More


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Canadian housing starts have decelerated somewhat

10/9/2019 | Posted in Canadian Housing Market by Jessi Sandhu

The pace of housing starts nationwide in September was considerably slower compared to the August output, according to new data from the Canada Mortgage and Housing Corp.

... More


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Toronto benchmark housing price veering ever-closer to record high

10/8/2019 | Posted in Toronto Real Estate by Jessi Sandhu

Toronto’s benchmark home price is edging steadily towards its historic high reached in 2017, according to the latest figures from the ... More


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There was a 19% jump for multifamily building permits in August

10/8/2019 | Posted in New Developments by Jessi Sandhu

The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More


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TREB Releases September Market Figures As Reported By GTA Realtors

10/3/2019 | Posted in GTA Real Estate by Jessi Sandhu

Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. ... More


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TREB Releases Rental Market Figures as Reported by GTA Realtors

10/3/2019 | Posted in Rental Market by Jessi Sandhu

Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s ... More


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CREA predicts stronger home sales for 2019 and 2020

10/2/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

Upward adjustments came amid a more relaxed B-20 stress test

... More


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Toronto is now the world's second most overvalued property market: UBS

10/1/2019 | Posted in Toronto Real Estate by Jessi Sandhu

Toronto has emerged as the world’s second most overvalued housing market on the back of low rates and supply shortages, according to UBS AG’s annual global real ... More


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Toronto needs to double rental supply to meet future demand

9/26/2019 | Posted in Toronto Real Estate by Jessi Sandhu

A new report from RBC Economics focuses on the rental housing deficit which is set to intensify in the coming years, especially in Toronto and Vancouver.

... More


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Low interest rates are the market's lifeline during tougher times

9/25/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

Employment figures had a major influence on the market's dynamics.

... More


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Real estate will thrive in cities that adapt to new economic models

9/23/2019 | Posted in Commercial Real Estate by Jessi Sandhu

The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report.

... More


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PwC forecasts 2020 commercial market

9/20/2019 | Posted in Commercial Real Estate by Jessi Sandhu

The analysis forecasts Canada's industrial, office and retail sectors

... More


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More Fed cuts expected to push Canadian interest rates lower

9/19/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.

... More


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Canadians' wealth reduced as real estate gains are erased

9/19/2019 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

The average Canadian household was worth less in 2018 than in the previous year.

... More


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Buyers of new GTA homes face $222K in government charges

9/18/2019 | Posted in GTA Real Estate by Jessi Sandhu

According to a recent BILD report, these charges make a significant impact on affordability.

... More


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Liberals' proposed foreigner-targeted tax will not cool down markets

9/17/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

The Liberals’ campaign promise of a new tax on foreign home buyers may not be enough to moderate a national housing market on the resurgence, observers ... More


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Investment in Toronto residential property remains a winning prospect

9/17/2019 | Posted in Toronto Real Estate by Jessi Sandhu

Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX.

... More


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Home sales expected to rebound in 2019, 2020 but only to average

9/17/2019 | Posted in Canadian Housing Market by Jessi Sandhu

Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or ... More


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