REIT is upgrading all of its buildings to WELL standards, which are considered premier for indoor air quality and employee wellness across North America.
"What we are about to experience is not a single recovery. It is going to be a series of recoveries," says Jan De Silva, president and CEO of the Toronto Region Board of Trade.
A report from RBC's senior economist, Robert Hogue, doesn't foresee any issues arising for existing homeowners, however, the same cannot be said for first-time homebuyers.
Q4 economic growth was much stronger than expected. This could help explain why interest rates have risen so fast recently and could portend a more optimistic statement from the Bank of Canada next week.
Despite buying activity decelerating in May, the average selling price still crept up by 1.1% month-over-month to reach a record $1,108,453 thanks to new listings decreasing in April.
"There’s a hidden gem: mixed-use commercial properties in downtown Hamilton that might be able to be converted into residential properties."
ustin Thouin, LowestRates.ca’s CEO, offers advice for cottage owners and what they can do to lower their cottage insurance premiums and explains why they're so high in the first place.
House of Assembly is a master-planned development by developer Marlin Spring on Sterling Rd. in the Junction Triangle. Tentative occupancy is slated for January 2024.
Depending on the type of mortgage product, lender, and program, this amount varies greatly. Let’s jump into the different types of mortgages and how these limits are calculated.
“Our inventory levels for condos in Toronto proper are back to normal—we’re sitting at almost 2,600 condo units for sale—and that means April will be extremely healthy.”
The CEO of TD Bank says too many factors are driving accelerated gains in Canada’s housing market and that urging policymakers to intervene might be unwise.
Sales surged by 126.1% year-over-year from 2,524 in March 2020, and by 53.2% from 3,727 a month earlier. Moreover, last month’s sales total was 72.2% above the 10-year March average.
Turns out, not only are they bravely prepared to wait out the pandemic, hordes of business people are trying to find venues to open up their own nightspots and eateries.
This downsizing couple bought three units in this new build condominium on St. Clair Ave so they can retire comfortably and encourage others to do the same. Read more to learn about their plans for their units.
Just like the housing market, there are many industrial tenants being priced out of warehouse facilities which are also becoming harder to obtain.
"Every time I talk to my older clientele who have kids, the first thing they always say is, ‘I don’t know how my kids will ever afford a home," says the broker of record at Stomp Realty in Toronto.
“We expect intense upward price pressure to persist nationwide in the near term,” said Robert Hogue. "Further moderation in activity will not be sufficient to rebalance markets."
Vertical Marketing Realty helps developers with everything from their pricing strategies and market research to actual sales, marketing, project management and building design.
According to Point2 Homes’ 2021 Homebuyer Survey, 51% of Canadian respondents said they have no worries buying while 44% said they're unsure when they'd buy due to low inventory and high prices.
"Recent jobs data show that workers in contact-sensitive sectors have once again been most affected. The employment rate remains well below its pre-pandemic level, with low-wage workers, youth and women continuing to bear the brunt of job."
Even amid the pandemic, there are plenty of advantages to investing in real estate. Here's what Cliff Fraser, chief business development officer of Burlington, Ontario-based Equiton Inc., has to say on the matter.
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