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Despite lots of new construction, general costs have spiked

Housing starts in Canada are the highest they’ve been since the 1970s but that isn’t the case in Toronto, where scarce supply is causing home prices to surge.

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Royal LePage study says owning has more benefits than renting

A new study from Royal LePage has found that homeowners who can afford 20% down payments are much better off in the long run than renters.

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This investor has 725 doors

Andrew Brennan has been an investor since 2008 and today has about 725 doors. The trick, he says, is to build a portfolio in the multifamily sector because commercial mortgages are much easier to obtain than residential mortgages.

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Condo market affected by Canada’s failure to meet immigration target

REIN warned that Canada is on pace to welcome roughly a quarter of its permanent residents target in 2021, but there's no guarantee until the border actually opens.

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Toronto broker shares an August sales strategy

A Toronto-based real estate broker has an August sales tip to share. “We have a lot of clients who want to sell condos and move up to a house, and we love August every year for our buyers."

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Condo demand slated to explode

Canadian home sales have tapered off their Q1 peak but that doesn’t mean every segment of the market has softened. As the buying frenzy has subsided, the condo market is seeing an increase.

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How do you tackle GTA’s rental crunch? Increase supply

A recent survey by Abacus Data stated that one-third of non-homeowners in Ontario have given up on ever owning property; another 26 per cent are pessimistic.

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Here’s what big city of multiple property owners look like

More than a tenth of homeowners in Vancouver, Toronto and Montreal own multiple properties, according to a Royal LePage survey of 1,500 Canadians.

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Montreal’s luxury property sales are on fire

According to Amy Assaad, a broker with Royal LePage Du Cartier, there’s a more pragmatic reason luxury buyers, whether local, national or international, are flocking to Montreal.

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Softer real estate activity won’t hurt the economy: CIBC

Read what Royce Mendes, executive director and senior economist at CIBC Capital Markets, has to say about the economy awakening from their long pandemic-induced slumbers.

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No relief in sight for condo insurance premiums

Condo insurance premiums shot up 27% in B.C., 16% in Alberta and 9% in Ontario compared to the same quarter in 2020. Read more about the report from LowestRates.ca

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Demand for retirement residences on the rise

Verve Senior Living operates 30 retirement residences across Canada. Residents are independent, but Verve still offers medication management, mobility support, and more.

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Hourly pool rentals are exploding in popularity

Swimply is an app that lets people rent a host’s backyard swimming pool by the hour and provides liability insurance for up to $1 million and $10,000 property damage insurance.

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