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Vancouver empty homes tax explained

The empty homes tax is a yearly tax applied to any homes or properties in the Vancouver area that are left unoccupied for more than six months in a given tax year.

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Calgary market remained strong in Q3 and investors are taking notice

Despite a marked slowdown from the hectic first half of the year, Calgary has no shortage of activity in its residential market.

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How much does new home construction cost in Canada?

For many people, building their own homes is a solution to help them get exactly what they want. While it is totally viable option, it is a very different process than buying a resale home.

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Reason returns to Toronto’s condo market

The frenzy in Toronto’s downtown condo market has wound down, and that might not be such a bad thing.

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New condo sales in GTA set Q3 record

New condo sales in the Greater Toronto Area set a new record and rose by 30% last quarter over Q3-2019, with 6,370 units purchased, according to an Urbanation report.

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Market confidence highest since Q1: Bloomberg-Nanos

Canadians have expressed optimism in the country’s real estate market, even in spite of the COVID-19 pandemic wreaking havoc on the economy, research from Bloomberg-Nanos shows.

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How to find good tenants in a pandemic

A consequence of the COVID-19 pandemic for landlords is that they’ve lost leverage over renters, but there are still ways to optimize the search for responsible, respectful occupants who pay rent on time.

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Toronto landlords offer renters incentives to carry investments

With the novel Coronavirus putting everything on hold, Toronto investors were left scrambling to find tenants. The city’s rental inventory skyrocketed as students no longer attended classes in person, immigration came to a halt, employees began working from home, and short-term rental operators, like Airbnb, were hampered by travel restrictions.

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Record number of immigrants Canada-bound in 2021

The federal government intends to settle 1.2 million new immigrants over the next three years in a bid to catalyze economic recovery, and if there’s one sector of the economy that will benefit, it’s real estate.

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London’s Hot Real Estate Market

When prices climb, first-time buyers flock to surrounding areas so get their feet in the door of the real estate market, like London, Ontario. But now, amid the COVID-19 global pandemic, first-time buyers are being priced-out as prices soar past $500,000.

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Millennial driving new hotspots outside GTA

Forecasting real estate hotspots requires the study of key market fundamentals, and in the Greater Toronto Area one of the main drivers is the millennial generation.

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Master-planned condos remain savvy investment vehicle

The strength of condominium investments in Toronto has diminished recently—first because of exorbitant carrying costs, and lately because of the novel coronavirus—but not only does selecting the right project buck those trends, it yields above-average returns.

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Toronto’s real estate market isn’t all doom and gloom

Don’t believe the headlines—investing in Toronto’s real estate market is not a perilous venture.

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