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Is bureaucracy responsible for housing affordability woes?

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.

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Boutique condo hosting RSVP-only event this Saturday

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.

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Investors, take note: Calgary needs more secondary suites

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.

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OREA slams Liberal Party for election pledge

The Liberal Party of Canada’s election promise to end blind bidding is being excoriated by OREA which accused the sitting government of trying to “criminalize the ability for hardworking Canadians to choose how to sell their homes.”

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Would NDP’s 30-year amortization help housing affordability?

With the federal election looming on September 20, the NDP have proposed reintroducing a 30-year amortization on high-ratio mortgages, but the president of Mortgage Architects has an even more radical idea.

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This Toronto neighbourhood is a known flood zone

Shamil Shamilov and his wife lived in Toronto’s Midtown neighbourhood a few years ago where houses and the city’s infrastructure are older and where the couple experienced two ghastly floods.

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Detached homes cost $1 million in 54 of 60 TRREB areas

Out of 60 areas covered by the Toronto Regional Real Estate Board, only six had detached homes priced below $1 million, according to an analysis by RE/MAX.

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Canadian inflation hits highest reading in two decades

Canadian inflation picked up sharply in July, rising to its highest level in 20 years. This morning's Statistics Canada release showed that the consumer price index surged to a 3.7% year-over-year pace.

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There’s more to an investment property than its cap rate

Real estate investors often think that cap rates alone are the greatest determinant of a prospective property’s value, but that isn’t the case.

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The slowdown in Canadian housing continued in July

Existing home sales fell 3.5% on a month-over-month basis in July, marking the smallest of the four consecutive declines since March. Today, CREA released statistics.

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Blockchain, tokenization converge on global property market

According to a report from Moore Global, blockchain tokenization has emerged as a megatrend in international real estate and is being taken to a whole new level.

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Competition for low-rise rentals in GTA sparks bidding wars

Parsimonious rental data in the GTA makes tracking hotspots difficult, but stories about leasing bidding wars are commonplace and, according to the president of RESCON.

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Toronto’s C2K initiative is a step in the right direction

We are in the middle of a housing crisis here in the GTA and across Ontario—and Canada for that matter. The cost of building new homes continues to rise. The situation is dire and hampering our economic growth.

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