Canada’s 44th federal election cost an estimated $610 million—money that could have been better spent on affordable housing, a Toronto real estate broker says.
We are in the middle of a housing crisis, plain and simple, because demand is outpacing supply and, consequently, we’re seeing some very dramatic spikes for the price of homes.
Bloom Financial Company has entered the reverse mortgage market with a new product for Ontarians aged 55 and over. The fintech firm intends to roll out the product in other provinces soon.
Housing is top of mind for Canadians with the federal election less than a week away, but unless political parties cut the red tape responsible for the chronic undersupply of housing in key markets, the affordability woes will persist.
Riverwalk Niagara is hosting an RSVP-only event this Saturday at the Scotiabank Convention Centre in Niagara Falls where attendees can benefit from an incentive-laden package.
Homes with illegal secondary suites have proliferated in Calgary during the last few decades, but with the city ready to crack down in January, investors need to know how to be on the right side of these changes.
"Any MLTT increase has a ripple effect on all market segments, and would further constrain inventory, making it an even more challenging environment for buyers." said TRREB CEO John DiMichele.
Orion is building Pacific Corporate Centre and Coastal Heights Distribution Centre which could be the last of their size in the region due to land demand, and "low lands".
“We use artificial intelligence as a mechanism to decide how to optimally manage systems and maintain indoor air quality while minimizing energy use,” said Patrick O’Neill, president of mCloud Technologies.
This highly anticipated 32-storey tower by Lamb Development Corp. in downtown Toronto is offering investors a two-year rental guarantee. Here's what these seasoned investors have to say on the matter.
Many of Canada’s immigrant business owners have a predilection for owning restaurant franchises, and according to this real estate broker and managing director of CHI Real Estate, it’s for good reason.
Sandy MacKay, founder and CEO of MacKay Realty Network, says that Hamilton does indeed have a lot of multifamily properties with anywhere from two to five units that could be market-bound.
“For a cottage owner, regardless of how they want to pass it along—as a gift or putting it in a trust—there will be tax implications for the owner because this is a capital asset."
"The boomer generation appears to have no intention of slowing down," said Phil Soper, president and CEO of Royal LePage. Here's what's expected from the boomer generation in Ontario, Quebec, and BC.
“I don’t think we’re going to see a repeat of last year and part of that is because of the frantic pace we’ve seen since 2020,” said John Lusink, president of Right at Home Realty.
This downtown building, located at 275 Slater St. just south of Parliament Hill at the corner of Kent St., has obtained a LEED Platinum certification with an energy score of 87%.
Social media is a great way for realtors to reach wider audiences, including both industry peers and consumers, but not everybody is cut out for it. In that case, says Simeon Papailias, co-founder and managing partner of REC Canada, be authentic.
Condo insurance premiums are maintaining their elevated pace, which began around a year ago, as a consequence of extreme weather events, says LowestRates.ca.
Home sales dipped ever so slightly by 0.5% in August from a month earlier, says the Canadian Real Estate Association (CREA), adding that markets are beginning to stabilize after months of historically accelerated levels.
Amid a dearth of new condo launches, Toronto is receiving one of its first new luxury boutique releases. Capitol Residences will be a 14-storey, 145-unit luxury condominium from Madison Group and Westdale Properties.
The Liberal Party of Canada staved off a strong Tory challenge for a consecutive minority government, and now Justin Trudeau is expected to keep his election campaign promise to increase housing supply.
Converging E-commerce and real estate hasn’t always been simple because of the latter’s exorbitant price points but a Calgary-based company has done it.
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