Don’t expect to see a spike in detached home construction this year
The Canada Mortgage and Housing Corporation released its monthly housing starts report for February 2019, reporting a drop in new home construction.
If Toronto property taxes spike should the municipal land transfer tax be eliminated?
Ever since a new report came out about how there’s room to increase Toronto’s residential property taxes, I’ve seen a lot of different opinions surface. Here’s what I think...
Torontonians have mixed feelings about the rental market
Forum Research released the results of one of its latest polls about rental housing in Toronto. The poll found that the majority of Torontonians believe the City of Toronto should have authority on rental housing issues like evictions.
Crown Prince of Denmark unveils architecture exhibit at Aqualuna presentation centre
The Royal Highness Crown Prince Frederik of Denmark lent a helping hand in the grand opening of Waterfront Architecture: Placemaking and Context, a new free exhibit showcasing waterfront projects by Danish architecture firm 3XN.
Is it time to consider increasing Toronto’s property taxes?
The Centre for Urban Research and Land Development released a new report recently about how much room Toronto residential property taxes have to grow...and you’re not going to like it (if you live in Toronto).
Greater Toronto Area luxury home market to heat up this spring
It looks like the Greater Toronto Area’s luxury home market will be strong this year compared to 2018, according to a new report from Royal LePage.
How millennials influence homebuying patterns in the Greater Toronto Area
A recent report from RE/MAX of Ontario-Atlantic Canada says that homebuying activity in the Greater Toronto Area has shifted to the west, but millennials may swing activity back to the east in the near future.
It’s time for Toronto to get creative with public-private partnerships
Sidewalk Labs offered to invest billions to build transit and essentially lay the groundwork for future development in the Port Lands area in Toronto. All they wanted in exchange was...a cut of property taxes and development fees.
Governments and corporations own just 7% of residential properties in Ontario
The Canada Mortgage and Housing Corporation recently released highlights of its latest Housing Market Insight report, which focused on individual and non-individual residential property ownership.
No Valentine? Here’s where single buyers can afford a home in Canada
With home prices climbing stratospherically over the last five years and a mortgage stress test now in place, homebuyers are seeing their purchasing power chopped more than ever - especially young families and first-time buyers.