Surprise: Toronto far from Ontario’s top sellers’ market
According to the Canadian Real Estate Association, an SNLR between 40 – 60% is considered a balanced market, with below and above that threshold indicating buyers’ and sellers’ conditions, respectively.
Ontario vacancy rate remains near historical lows
The Canada Mortgage and Housing Corporation released its latest Rental Market Survey, reporting a drop in the overall vacancy rate.
35 new home openings in the Greater Toronto Area lead to boost in supply
The Building Industry and Land Development Association released its new home market results for October 2018, reporting an increase in activity in the Greater Toronto Area.
Nearly 1 million people supported by Government of Canada’s investments in housing support
The Canada Mortgage and Housing Corporation recently announced that since 2016 nearly 1 million people across the country have benefitted from the federal government's investments in building more affordable housing.
4 innovative approaches to building more affordable housing
The Centre for Urban Research and Land Development published a blog post recently, listing a few creative ways to build affordable housing in markets that have become expensive.
Looks like Montréal may be Canada’s next hot spot for real estate investment
According to the Metropolitan Outlook: Autumn 2018 report by the Conference Board of Canada, Montréal is the metropolitan growth leader in Canada this year. What does this mean for the city’s housing market?
Resale condo market share still climbing due to relative affordability
As affordability issues persist in the single-family home market, resale condo market share continues to climb, according to a new report from RE/MAX.
Housing affordability suffering due to red tape and other development delays
The Building Industry and Land Development Association and Malone Given Parsons released the Greater Toronto and Hamilton Area Land Supply Analysis, reporting that the province’s growth policies have led to a lack of supply and higher priced housing.
Toronto home sells in ‘action-packed’ online auction
On The Block Realty developed the auction platform. The listing had a number of viewings before the auction date, and in their release, they say people were receptive and interested in the open auction bidding process.
National home sales activity loses steam in October 2018
The Canadian Real Estate Association released its monthly home sales results for October 2018, reporting a loss of momentum from September.
