Build for Growth campaign highlights importance of increasing new home supply
Yesterday, the Build for Growth campaign launched at Mississauga, Toronto and Vaughan locations, spearheaded by the Building Industry and Land Development Association.
CREA adjusts 2018 resale market forecast due to slow spring
The Canadian Real Estate Association released its national resale housing figures for May 2018, reporting a drop in home sales and prices.
Implementing the York Region MLTT could hinder home supply
Recently, York Region councillors made it clear that they want new tax powers from the province, mainly a new municipal land transfer tax (MLTT).
Housing starts trend drops and could keep dropping
The Canada Mortgage and Housing Corporation released its housing starts figures for May 2018, reporting a drop in new home construction.
Toronto housing market not in a ‘death spiral’
Recently, Royal Bank of Canada released a brief report for May 2018, commenting on the Greater Toronto Area’s and Greater Vancouver’s housing markets. According to RBC, the markets are balanced!
Average selling price of a resale condo unit surpasses $560,000
The Toronto Real Estate Board (TREB) released its resale housing market figures for May 2018, as well as the results of a recent Ipsos poll on the importance of housing in the upcoming Ontario election.
The TOcore plan could hurt first-time buyers
To get an expert’s perspective on some of these market factors, we reached out to Ben Myers, President of Bullpen Research & Consulting Inc., and picked his brain on a few of these hot topics.
Average price of a new single-family home drops 5%
The Building Industry and Land Development Association (BILD) released its new home market report for April 2018, announcing a drop in sales and average prices.
Derek Nzeribe paints a picture of Ottawa’s housing market
With recent news that Ottawa is now outpacing the Greater Toronto Area (GTA) when it comes to foreign buyer activity in the housing market, we leapt at the opportunity to chat with Derek Nzeribe, Milborne Group.
Tight resale market driving London buyers to purchase preconstruction
Earlier this month, the Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for April 2018, reporting construction activity held steady month-to-month.
