Make the Right Choices for Your Senior Years
Downsizing is a big theme in the real estate sector, particularly now with aging Boomers making up nearly 30% of the Canadian population; the entire Boomer generation will hit 65 by 2031, making the proportion of seniors about 23%, versus 15% in 2011.
New low-rise communities selling out through the summer
According to the latest report from Trimart Research Corporation, new low-rise sales gains have stayed steady through the summer despite global economic uncertainty, a decline in Canadian job growth, and a serious lack of inventory.Summer is
Fewer millennials are buying homes in Canada
The Canada Mortgage and Housing Corporation released the results of its annual Mortgage Consumer Survey, providing insights on the behaviour, attitudes, and expectations of Canadians who are acquiring, renewing, and refinancing a mortgage.
CMHC Cooling the Housing Market
On the morning of August 6, 2013, the Globe and Mail published an article online about the Canadian Mortgage and Housing Corporation (CMHC) making a move to “take the steam out of the housing market.”The big changeUnder the National Housing Act (NHA),
130’ mural unveiled in Entertainment District for TIFF 2017
Just in time for TIFF 2017 (the Toronto International Film Festival), Greenland Group installed and unveiled a new 130’ mural at the King Blue Condos site in Toronto, steps from the TIFF Bell Lightbox. Greenland Group commissioned Canadian artist, Zeesy
Is entrepreneurship the answer to Toronto’s rising home prices?
The federal government said this week it would conduct an analysis of the Canadian real estate market on the road to deciding whether legislative changes are needed to correct escalating prices or mitigate the effect of foreign investment on
4 ways the government can remove barriers to home ownership
With the federal election right around the corner, REALTOR® associations across Canada came together to make recommendations for all levels of government in an effort to make home ownership more attainable for Canadians.
Housing Sales and Prices Expected to Rise Across Canada in 2014
The Canadian Real Estate Association (CREA) recently updated its forecast for Canada’s 2014 home sales, predicting sales and prices will rise compared to 2013.Which province will have the most home sales?For the sixth consecutive year, annual sales in
Housing starts take a downward turn in Toronto
The Canada Mortgage and Housing Corporation (CMHC) released its May 2016 housing starts figures, announcing that the national trend declined last month. In May, Canadian housing starts trended at 191,000 units, down from 194,950 in April. The trend is a
The CREA lowers its national resale housing market forecast and it’s Ontario’s fault
The Canadian Real Estate Association (CREA) lowered its national resale housing market forecast for 2017 and 2018, and it’s all Ontario’s fault.The Fair Housing Plan was introduced by the Ontario government to reign in the super hot Greater Golden