Investors own 65 per cent of Toronto’s smaller condo units, StatsCan finds
A recent report by Statistics Canada reveals that investors now own 65 per cent of Toronto's smaller condo units, a finding that...
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Oct 161 min read
Higher interest rates resulted in 30,000 fewer housing starts last year
Higher interest rates in Canada led to a significant reduction in housing starts in 2023, according to a report from the Canada Mortgage...
Oct 161 min read
Ontario’s Big Cities Saw Investors Buy Up To 85% of Condos, Fueled By Gov Incentives
In recent years, Ontario’s largest cities have seen a surge in investor activity in the condominium market, with investors purchasing up...
Oct 161 min read
Competition Bureau gets court order for probe into potential anti-competitive conduct by CREA
The Competition Bureau of Canada has secured a court order as part of an ongoing investigation into potential anti-competitive practices...
Oct 162 min read
Elm Set To Take Over 4-Tower Elevate Condo Project In Kitchener Under Receivership
The long-delayed Elevate Condos in Kitchener are set for a new chapter as Elm Developments steps in to take over the project. The...
Oct 151 min read
U.S. jobs bonanza slams the brakes on falling mortgage rates in Canada
A surge in U.S. job growth has unexpectedly put a stop to the recent decline in mortgage rates across Canada. After weeks of falling...
Oct 151 min read
Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC
The Canada Mortgage and Housing Corporation (CMHC) recently reported that higher interest rates have significantly impacted housing...
Oct 151 min read
Competition Bureau gets court order for probe into Canadian Real Estate Association
The Competition Bureau has taken a significant step in its investigation into the Canadian Real Estate Association (CREA) by securing a...
Oct 151 min read
Foreclosure is the latest nasty buzzword, but there are ways to deal with it before it becomes a reality
Foreclosure has become a troubling term for many Canadians struggling with mortgage payments. But before this process becomes a reality,...
Oct 151 min read
Price drops and rising sales define Toronto’s housing market in September
Toronto’s housing market in September saw a notable shift, marked by falling home prices and a surge in sales. As prices declined, more...
Oct 142 min read
Planned 34-Storey Willingdon Rose Project In Burnaby Subject Of Foreclosure
The ambitious Willingdon Rose project in Burnaby, which aimed to bring a 34-storey residential tower, is facing foreclosure. This...
Oct 142 min read
September Sees Slight Increase In GTA Home Sales
Home sales in the Greater Toronto Area (GTA) showed a small rise in September 2024, according to the latest report from the Toronto...
Oct 141 min read
Canadian Consumer Insolvencies Just Saw The 2nd Biggest Month Ever
Canadian consumer insolvencies have surged to their second-highest level on record, according to a recent report. In August 2024, the...
Oct 142 min read
Suburbs leading demand uptick for office space in Canadian markets
As Canadian cities navigate shifts in office space demand, suburbs are emerging as key players in the real estate landscape. According to...
Oct 141 min read
Amid Demand For Premium Workspaces, These 3 Toronto Offices Have Upped Their Game
Toronto’s office market has seen a shift toward premium workspaces as businesses increasingly seek out high-quality environments to...
Oct 111 min read
From Baltic Shopping Centres To Toronto High-Rises: The Evolution Of Elysium
Elysium Investments, once known for its shopping centre developments in the Baltics, has evolved into a key player in Toronto's high-rise...
Oct 111 min read
Toronto Rental Starts Slashed In Half As “High Cost Of Financing” Cuts Into Profitability
Toronto is facing a significant reduction in rental housing projects, with rental starts being cut in half due to the high cost of...
Oct 112 min read
The Toronto Real Estate Bubble Is So Big It Breaks The UBS Index
Toronto’s real estate market has hit a new milestone, but not in a way that homeowners and investors might celebrate. According to UBS, a...
Oct 111 min read
The best mortgage rates in Canada right now
As of today, Canadians seeking the best mortgage rates have more options to explore due to the recent changes in the financial market....
Oct 111 min read
Fall could be the best real estate market in years
A new report suggests that the fall of 2024 may offer the best conditions for Canada's real estate market in years. Key factors include...
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