Ontario to streamline housing development process
9/29/2017 | Posted in Ontario Real Estate by Jessi Sandhu
In an announcement earlier this week, the government of Ontario stated that it has established a new team tasked with removing the multiple barriers to housing construction and ...
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Young Canadians still bullish on housing
6/13/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
Millenials are confident in their financial future and in the housing market, according to a new study. ...
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Six stunning numbers about Toronto real estate and your personal finances
4/8/2017 | Posted in Toronto Real Estate by Jessi Sandhu
From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own right. ...
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Toronto house prices may jump 25% this year: Report
3/27/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling demand ...
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Canadian housing starts begin 2017 on a high, fuelled by Ontario
2/12/2017 | Posted in Real Estate News by Jessi Sandhu
Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ...
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Toronto condo sales push to records as buyers get squeezed out of the low-rise market: report
2/7/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Priced out of detached houses and other low-rise products, Toronto buyers poured into condominiums units last year to create a 10-year low in inventory, according to a recent ...
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CMHC reports annual pace of housing starts in Canada picks up in December
1/10/2017 | Posted in New Developments by Jessi Sandhu
Canada Mortgage and Housing Corp. says the seasonally adjusted annual pace of housing starts in December came in at 207,041 units, up from 187,273 in November. ...
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Average home size to contract in the near future - report
10/28/2016 | Posted in Industry Trends by Jessi Sandhu
A recent report warned that the average size of Canadian homes will decrease in the next few years, even as affordability in Vancouver and Toronto won’t return to manageable ...
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CMHC warns high house prices spreading to B.C., Ontario suburbs
10/27/2016 | Posted in Real Estate Market by Jessi Sandhu
Canada’s housing agency is warning that prices are soaring in smaller communities in British Columbia and Ontario as the real estate boom in Vancouver and Toronto spreads ...
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Canada's record household debt is threatening its financial stability
10/26/2016 | Posted in Financial Health by Jessi Sandhu
Canada’s debt, swelled by a decade-long housing boom to almost triple the size of its economy, is drawing increasing concern from an international banking community that ...
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Ottawa looks to shift some mortgage loan default risks from taxpayers to banks
10/24/2016 | Posted in Mortgages and Real Estate by Jessi Sandhu
The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to ...
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Millennials set on finding their perfect 'YOLOcation', despite steep city home prices: TD
9/21/2016 | Posted in Home Buyers by Jessi Sandhu
Millennials are applying the "you only live once" philosophy to their homebuying approach with nearly half of surveyed Millennials who commute (48 per cent) saying they ...
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Toronto condo construction boosts pace of housing starts: CMHC
7/12/2016 | Posted in Real Estate Market by Jessi Sandhu
Canada Mortgage and Housing Corp. says the pace of home construction picked up last month, boosted by work beginning on apartments in Ontario and especially condominiums in ...
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Home Prices Up 0.6% In February
3/14/2016 | Posted in Real Estate Market by Jessi Sandhu
In February, the Teranet–National Bank National Composite House Price Index™ was up 0.6% from the previous month, the largest increase for a February since the ...
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Mortgage debt behind rise in household debt
3/15/2016 | Posted in Home Owners by Jessi Sandhu
Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per cent ...
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Housing starts slowed in January except in one province
2/8/2016 | Posted in Real Estate News by Jessi Sandhu
The pace of housing starts was slower in January according to new figures from the Canada Mortgage and Housing Corp. ...
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Is it time to sell your rental property? Or time to buy another?
10/9/2015 | Posted in Real Estate Market by Jessi Sandhu
According to Statistics Canada, 69 per cent of Canadians own homes, so most of us have reason to worry about the fate of the housing market. Landlords, in particular, make a ...
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Canadian housing market alive and well
9/23/2015 | Posted in Real Estate Market by Jessi Sandhu
The broader Canadian economy may be struggling, but David Rosenberg wants you to know that the housing market remains alive and well. Gluskin Sheff + Associates Inc.’s ...
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Multi-family units drive housing permits
8/10/2015 | Posted in Real Estate News by Jessi Sandhu
Housing permit applications increased in June led by multi-family units in Quebec, Alberta and Ontario. Figures from Statistics Canada show that institutional building intentions ...
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Harper promises to introduce permanent home renovation tax credit if he is re-elected
8/8/2015 | Posted in Home Owners by Jessi Sandhu
In the heart of Toronto’s overheated housing market, where the average detached home now sells for more than $1 million, Harper vowed to make life better not for those ...
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7/14/2015 | Posted in Real Estate Market by Jessi Sandhu
In June the Teranet–National Bank National Composite House Price Index™ was up 1.4% from the previous month, a sixth consecutive monthly increase. The rise was ...
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