Suburban allure has largely become a thing of the past, but in the Greater Toronto Area—where the cost of housing grows astronomically by the month—the outskirts are becoming cost-friendly alternatives for renters
Results highlighted the financial vulnerability of a significant fraction of Canadians
Vancouver hit by dramatic drop in house values… BoC predicts lower house prices due to oil declines… Commercial property offers variety… Revenue Agency aims to improve communications…
In its monetary policy report released yesterday the Bank of Canada admitted that some of our markets are far from a soft landing. The report noted that the market has rebounded following the very cold winter and benefitted from low interest and mortgage rates and that housing activity has been “more robust than anticipated”.
CMHC admits data vacuum on foreign investors… Vancouver property tax is outdated and unfair say critics… Calgary’s population keeps on growing… US housing market continues to grow…
While CMHC and others move towards quantifying data around foreign investment in Canada’s housing market, it is important those efforts not be seen as open season on international buyers, caution analysts.
Chinese investors are increasingly in the know come time to select the next best real estate market, with a new report on their preferred U.S. locations offering Canadian investors a roadmap.
Investors in acquisition mode should allow for the municipal land transfer tax as two of Toronto’s three mayoral candidates have made it clear that its reduction or elimination will not be an option after the election.
It’s a foolproof cheat sheet for landlords investing in condo buildings: look no further than the retail spaces underpinning those highrises for clues revealing the type of tenant that you’ll likely attract.
Grimsby skyline to be reshaped by tallest buildings in city: two-tower residential complex
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause
The event will also feature a panel of industry experts and a presentation on the state of the Hamilton-Burlington housing market