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Housing is Driving The Canadian Economy

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.

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Home sales fell again in May, but don’t get used to this

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.

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Hamilton’s ‘hidden gem’ properties

"There’s a hidden gem: mixed-use commercial properties in downtown Hamilton that might be able to be converted into residential properties."

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Montreal’s luxury market outpacing conventional market

Sotheby’s International Realty Canada report anticipates a torrid spring season in Montreal’s high-end housing market.

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Revocation of capital gains tax exemption would be ruinous

“The chances of that happening in our country are slim to none because it would be political suicide for any government to introduce that,” Bob Aaron of Toronto-based Aaron & Aaron.

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Big year expected in Vancouver’s luxury market

Sales in Vancouver's high-end housing market rose year-over-year by 56% and 73% in January and February according to a new report from Sotheby’s International Realty Canada.

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GTA luxury market to remain scorching in 2021

Sotheby’s International Realty Canada report noted that sales in the GTA’s luxury residential sector surged by 157% year-over-year through the first two months of this year.

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Webinar to explore ways to maximize buying power

Join this FREE real estate investing webinar on Tuesday, March 30 at 12 p.m. EST to learn different ways to maximize your buying power in today's market.

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With spring upon us, remember not to waive home inspections

With spring being the busiest time for homebuyers, that means they are more likely to waive their right to a home inspection, something that doesn't come without its risks.

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GTA housing market highly vulnerable: CMHC

The GTA’s housing market had a sales-to-new-listings ratio of 64.1% in Q4-2020, leading the agency to conclude that there’s little evidence of overheating in the region’s housing market.

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Policymakers need to intervene in housing market: RBC

Canada’s housing market has become feverish because demand has vastly outpaced inventory and property values have grown beyond historical norms.

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Oscar Residences bring precious units to the Annex

This boutique condominium going in Toronto's Annex neighbourhood is going to attract all kinds of investors. The building will have nine stories and 155 units.

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Ottawa’s commercial market slated for rebound: Altus

Total investment in Ottawa’s commercial real estate market decreased by 36% on an annual basis in 2020 according to Altus Group.

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