The Latest information in Pre-Construction Condos
This is how much you need to make to buy the average home in Toronto
It’s time to make a pact: no more avocado toast.
And that’s just the first step to saving up enough dough to purchase a home in Toronto.
According to new data from Zoocasa, buying a house in Toronto is only accessible to those within…
Canadian housing affordability has actually improved, and it’s going to get better: report
For the first time in more than three years, owning a home has become more affordable in Canada, according to a new report from one of the country’s biggest banks — and the trend is expected to continue.
“Home ownership costs dipped…
Toronto’s condo boom is so big, the city has more cranes than New York, LA and Chicago combined
above its rapidly changing urban centre.
There are 104 cranes set up in Toronto’s core, according to construction consultancy Rider Levett Bucknall’s latest Crane Index, which counts the presence of the lofty lifters in the 13 cities…
Signs point to lower Canadian mortgage rates this year
Experts see signs that mortgage interest rates in Canada may continue dropping this year.
In a note sent to clients this morning, BMO Senior Economist Robert Kavcic points to the fact that five-year government bond yields have been declining,…
Ontario town will soon accept Bitcoin for property tax
Experiment launched amid controversy about the risks of digital currencies
The Ontario town of Innisfil will soon begin accepting digital currencies as payment for its property taxes, starting with Bitcoin.
The town of 36,000 people is…
Why Doug Ford's subway plan might actually work
Province's push to change the city's current transit plans has triggered outrage from Ford's political foes
Many Torontonians are quite understandably hugely skeptical about any transit plan touted by Premier Doug Ford, given the premier's…
GTA Apartment Building Sales Report
The chart below displays the total dollar volume invested and average price per unit on a quarterly basis for all apartment building transactions over $1M in the GTA. Total investment volume in 2018 reached a new high at $2.71B, outpacing 2017…
Canada admitted 321,065 permanent residents last year
Bloomberg recently reported that Canada admitted 321,065 permanent residents last year. This is up 12% from 2017, where the country admitted 286,479. Last year was also the largest cohort since 1913 (the year before World War I), where the country…
Are Liberals ready to take on the risk of shared equity mortgages?
On a sunny afternoon two years ago, as panic about the overheated housing market in Canada’s big cities was spreading, three key policy-makers hunkered down in Toronto to figure out what to do.
Federal Finance Minister Bill Morneau, Toronto…
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LocateCondo and Home Leader Realty Inc, Toronto’s reliable brokerage with experience to help clients in Pre-construction, Assignment condos with priority access to the upcoming New Condo & Townhome launches in Toronto & The GTA
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