Will banning bully offers make a difference in Ontario real estate?
The Ontario Real Estate Association recently released its recommendations to improve and modernize the Real Estate and Business Brokers Act, including banning “bully offers.”
Buyer confidence on the rise in the Greater Toronto Area
There’s no denying that the Greater Toronto Area’s real estate market, both new and resale sectors, has been slow. 2018 was basically a nose dive compared to the high activity in 2016 and 2017. Now, I think we’re seeing signs of the market rebounding.
Canadian housing starts remain steady through March 2019
The Canada Mortgage and Housing Corporation released its housing starts data for March 2019, but there’s not much to get too excited about as construction remained steady to wrap up the first quarter of the year.
Hundreds of buyers line up for the New Kleinburg grand opening!
Last weekend, we popped in at the New Kleinburg grand opening. We heard that people were lining up days before, so we had to see it for ourselves. Turns out it was even busier than we thought it would be.
CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver
Last week, the Canada Mortgage and Housing Corporation came to the defence of the First-Time Home Buyers Incentive (CMHC will be the organization partnering in the shared equity mortgages).
Moving out of the city? Here’s where homes are most affordable along the GO Transit line
This increased interest in the 905 housing markets is evident in the growing usage of GO Transit, the provincially-owned regional transit network. It boasted a ridership of 56.6 million people in 2018, upping service by 13% to 217 weekly trips.
Housing slowdown gives first-time buyers a chance in Canada’s biggest cities
Royal LePage recently released the results of its House Price Survey for the first quarter of 2019, which focuses on the three most popular housing types: two-storey homes, bungalows, and condos.
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OAA announces selections for the inaugural SHIFT Challenge
The Ontario Association of Architects announced its selections for the inaugural SHIFT Challenge, which aims to encourage architects, engineers and designers to solve societal issues with their skills and expertise.
Greater Toronto Area resale housing market remains steady through first quarter of 2019
The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales.
Have questions about the new home building industry? Now’s the time to ask
Have you ever had a question about the new home building industry or land development in the Greater Toronto Area? Thanks to Building Answers, you can now get all the answers you need.
