Only 18% of young Canadians putting off buying a home due to current debt load
Recently, Angus Reid Institute, in partnership with the Globe and Mail, released the results of a new public opinion poll about Canadian debt.
Canadian housing market still highly vulnerable as overvaluation eases in Toronto
The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that the country’s housing market overall is still highly vulnerable, mostly due to price acceleration and overvaluation.
Cutting red tape isn’t the solution for all housing markets
The City of Ottawa issued a letter to the province recently, urging them to look beyond the Greater Toronto Area when exploring solutions to improve the housing market.
Resale housing market starts the year off strong with an increase in sales
The Toronto Real Estate Board released its resale housing market results for January 2019, and also provided a sneak peek of this year’s Market Year in Review and Outlook report.
More transparent bidding wars may benefit buyers and sellers
Bidding wars can make the resale housing market a scary place. But the only reason a bidding war can be scary is because you have to go into it blind. That may change soon.
Average rent for a 1-bedroom condo unit in the Greater Toronto Area surpasses $2,100
The Toronto Real Estate Board released its quarterly rental market results, reporting tight conditions across the Greater Toronto Area as average rents remain unaffordable.
Home renovation industry will be strong in 2019
If you’re familiar with Newinhomes.com, you know that we typically focus on new home construction and the Greater Toronto Area housing market in general. But, this month, we’ll also be focusing on home renovation tips!
The EnerQuality EQ Awards finalists are the best of the best in green homebuilding
One of the most prestigious awards for green building, sustainability, and energy efficiency in the new home industry is EnerQuality’s annual EQ Awards. And we are excited to share some of the finalists with you!
Use virtual reality to tour the quick-closing detached homes available at Summit Park in Hamilton
We just received news that there are quick-closing homes that you can tour with virtual reality at Summit Park, a master-planned community by Multi-Area Developments on the Hamilton mountain.
New home sales fall to lowest level in almost 20 years
The Building Industry and Land Development Association released its monthly new home sales results for December 2018, as well as sales totals for the year as a whole. As we were expecting, new home sales fell to the lowest level in nearly two decades.
