Canada’s 44th federal election cost an estimated $610 million—money that could have been better spent on affordable housing, a Toronto real estate broker says.
We are in the middle of a housing crisis, plain and simple, because demand is outpacing supply and, consequently, we’re seeing some very dramatic spikes for the price of homes.
Bloom Financial Company has entered the reverse mortgage market with a new product for Ontarians aged 55 and over. The fintech firm intends to roll out the product in other provinces soon.
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.
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.
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.
CREA reported a 38% year-over-year increase in housing prices in May mainly due to supply and demand issues, and the rise of material and labour costs.
Restrictions are expected to continue easing through the summer, which should mean more solid gains over the next couple of months. Here's where the bulk of job gains were seen.
Ryan Coyle, a seasoned investor and co-founder of Connect.ca Realty, will be hosting a webinar on July 22 from 2-3 PM to discuss the benefits flipping condo assignments holds for investors.
According to this real estate broker and university instructor, investors who can secure single-family investment properties outside of the MLS will have a better time carrying it.
Canada comprised 32% of international investment in the U.S. between the first quarters of 2020 and 2021, the largest share of any country according to a new report by Marcus & Millichap.
The Greater Toronto Area’s luxury market outperformed all others in the country during H1-2021, with sales over $4 million surging by 276% year-over-year.
“Unfortunately, for too many, the current real estate market is a frustrating game of musical chairs, with more and more people circling a fewer amount of chairs,” said OREA’s CEO Tim Hudak.
Buoyed by marked increases of first dose vaccinations throughout the province, there were 162 transactions in Calgary’s commercial real estate market in Q1-2021 (a 22% year-over-year increase).
CanWise Financial is offering a 0.98% five-year variable rate mortgage that’s being made available to homebuyers who have less than 20% for their down payments.
RBC is expecting the condo market to see an affordability issue as the demand for housing continues, even in smaller cities and rural areas. Here's what else they're saying.
Social media is a great way for realtors to reach wider audiences, including both industry peers and consumers, but not everybody is cut out for it. In that case, says Simeon Papailias, co-founder and managing partner of REC Canada, be authentic.
Condo insurance premiums are maintaining their elevated pace, which began around a year ago, as a consequence of extreme weather events, says LowestRates.ca.
Home sales dipped ever so slightly by 0.5% in August from a month earlier, says the Canadian Real Estate Association (CREA), adding that markets are beginning to stabilize after months of historically accelerated levels.
Amid a dearth of new condo launches, Toronto is receiving one of its first new luxury boutique releases. Capitol Residences will be a 14-storey, 145-unit luxury condominium from Madison Group and Westdale Properties.
The Liberal Party of Canada staved off a strong Tory challenge for a consecutive minority government, and now Justin Trudeau is expected to keep his election campaign promise to increase housing supply.
Converging E-commerce and real estate hasn’t always been simple because of the latter’s exorbitant price points but a Calgary-based company has done it.
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