Ontario housing supply overstated by almost 1 million, land development study reveals
2/22/2024 | Posted in Ontario Real Estate by Jessi Sandhu
Discrepancy debunks notion that construction industry is 'sitting on supply,' say developers ...
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National home prices close out 2023 above prior year, despite continued slowdown in market activity
1/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada, ...
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Ontario expanding 'strong mayor' powers to 26 more cities
6/16/2023 | Posted in Ontario News by Jessi Sandhu
Ontario is conferring so-called strong mayor powers — which critics have decried as undemocratic — upon 26 more cities in the name of building more housing. ...
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No new residential construction in Ontario after April 4
4/3/2020 | Posted in Ontario Real Estate by Jessi Sandhu
Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province. ...
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Ontario's first-time buyers prefer detached homes and townhouses over condos
3/14/2020 | Posted in Ontario Real Estate by Jessi Sandhu
Condo developers in Ontario looking to sell units to millennials and first-time home buyers could be barking up the wrong tree, according to a new survey from OREA. ...
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Rising home prices in Ontario cities fuel slight increase in Canada overall
7/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario. ...
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Ontario Realtors advise Ford government to end 'bully' offers
4/8/2019 | Posted in Ontario Real Estate by Jessi Sandhu
Industry association also wants its regulator to have more power to 'kick out' unethical agents ...
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Ontario accounts for much of Canada's home price growth
2/22/2019 | Posted in Ontario Real Estate by Jessi Sandhu
Ontario was the epicentre of Canadian home price growth in the past 5 years, according to a new analysis. ...
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Ontario may let realtors tell homebuyers the price of other bids
2/5/2019 | Posted in Ontario Real Estate by Jessi Sandhu
Right now, buyers often blindly offer more than what they had wanted to spend in hopes of beating their competitor. ...
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OREA asks Ontario to allow open bidding process, revamp realtor rules
10/12/2018 | Posted in Ontario Real Estate by Jessi Sandhu
The Ontario Real Estate Association is making more than three dozen recommendations to the provincial government on how it should update the rules governing realtors, including ...
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Ontario baby boomers are planning to downsize or move out of big cities
8/8/2018 | Posted in Ontario Real Estate by Jessi Sandhu
Parents re-entering the market after their children stayed home longer than normal, survey says. ...
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Location, location, location: Why our national housing market is a myth
7/30/2018 | Posted in Toronto Real Estate by Jessi Sandhu
Haider-Moranis Bulletin: For Canadian homebuyers, the only numbers that matter are local. ...
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Non-Toronto markets in Ontario see accelerated home price growth
7/25/2018 | Posted in Ontario Real Estate by Jessi Sandhu
While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ...
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Low likelihood of a serious price correction in Ontario: CMHC
6/14/2018 | Posted in Ontario Real Estate by Jessi Sandhu
Current price correction in Ontario housing market does not resemble historical price bust periods according to the latest report from Canada Mortgage and Housing Corporation. ...
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Ontario's curb on foreign buyers appears to have worked
4/26/2018 | Posted in Ontario Real Estate by Jessi Sandhu
The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles Sousa ...
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Ontario's best investment hubs this year
3/12/2018 | Posted in Ontario Real Estate by Jessi Sandhu
A new report ranked Ontario’s largest metropolitan areas by real estate market performance and suitability for investment over the next 5 years. ...
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Ontario stabilizing amid Fair Housing Plan, new mortgage rules - RBC
10/24/2017 | Posted in Ontario Real Estate by Jessi Sandhu
A renewed boost of consumer confidence will make itself apparent in the increased stability of Ontario’s residential real estate market, a few months after the introduction ...
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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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Why the GTA's detached houses remain a safe bet
9/27/2017 | Posted in Ontario Real Estate by Jessi Sandhu
In spite of recent scares regarding their values, detached houses remain the strongest real estate investment to be had in the GTA. ...
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Almost half of Ontario homeowners expect their home to fund retirement
9/27/2017 | Posted in Ontario News by Jessi Sandhu
A large share of homeowners in Ontario are counting on home values increasing to ensure they have sufficient retirement funds. ...
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Ontario needs more than 6,000 new rental units a year says report
9/26/2017 | Posted in Ontario Real Estate by Jessi Sandhu
The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade. ...
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New eviction rules in effect to protect Ontario tenants
9/1/2017 | Posted in Ontario Real Estate by Jessi Sandhu
Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ...
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Toronto casts shadow over nation's home sales, but realtors see signs market bottoming out
8/16/2017 | Posted in Ontario Real Estate by Jessi Sandhu
Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing. ...
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Ontario begins rolling out new condo-board regulations
8/1/2017 | Posted in Ontario Real Estate by Jessi Sandhu
Names of Ontario condominium directors will be listed in a public database under new regulations unveiled this month, as the province begins to implement a new law to protect unit ...
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Foreign buyer activity in Ontario housing market about 5 per cent: government
7/5/2017 | Posted in Foreign Buyers by Jessi Sandhu
Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ...
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Ontario government considers review of preferential condo sales
6/28/2017 | Posted in Ontario News by Jessi Sandhu
The Ontario government is considering a review of preferential sales practices for pre-construction condos as part of its wide-ranging reforms of the housing market. ...
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More first-home buyers in Ontario delaying their purchases
6/27/2017 | Posted in Ontario Real Estate by Jessi Sandhu
More first-home buyers in Ontario appear to be delaying their purchases in the wake of the province’s new policies intended to cool the red-hot housing market. At the same ...
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Cottage country shows early immunity to GTA real estate cooling
6/20/2017 | Posted in Recreational Properties by Jessi Sandhu
The slowdown in Toronto’s housing market is not reaching cottage country several hours away, where vacation properties are changing hands quickly and prices are still ...
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Toronto home sales drop most since recession as new rules put brakes on market
6/6/2017 | Posted in GTA Real Estate by Jessi Sandhu
Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per cent ...
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Top Places In Ontario To Invest In Real Estate
6/4/2017 | Posted in Ontario Real Estate by Jessi Sandhu
In the inaugural issue of Canadian Property Investor, the publication identified the Top 50 Places to Invest in Canada. Now it's time to dig a little deeper -- to ...
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