The Latest information in Pre-Construction Condos
Immigrants prefer single-detached homes less than local buyers
Immigrants are not as enticed by single-detached residences as their Canadian-born counterparts, fresh numbers from Statistics Canada indicated.
From 2016 to 2017, immigrants accounted for 46% of Toronto’s population total, and 41% that…
Toronto new-build home sales plummet to a 20-year low
Ottawa should lengthen mortgage amortization periods to 30 years and reconsider the strict stress tests introduced last year, the home building industry says.
The recommendations by the Building Industry and Land Development Association (BILD)…
Toronto new home sales plunge to lowest in almost 20 years as unsold condos pile up
New home buyers finally reached their limit in Toronto last year.
After years of frenzied price increases, sales of new homes in Canada’s biggest city sunk to the lowest in almost two decades in 2018 and the supply of unsold condos piled…
Ontario may let realtors tell homebuyers the price of other bids
TORONTO — Ontario is considering allowing realtors to tell prospective home buyers the prices of other offers in bidding wars.
The government launched a consultation Thursday looking at the Real Estate and Business Brokers Act, and that’s…
Toronto city council approves affordable housing plan
City council has voted in favour of a plan to make 11 surplus parcels of land available for the development of affordable housing despite criticism from some councillors who say the initiative doesn’t go far enough.
In a 21-4 vote on Wednesday…
New map charts Toronto home and condo prices by TTC station
Looking for a pad within walking distance of Toronto's subway system? Good call. You'll get around the city a lot cheaper and faster than you would by taking a car—you just may have to pay a bit more for your home upfront.
Real estate brokerage…
Here's How Much Real Estate Agents Earn In Every State
Despite overall economic prosperity in recent years, one area that has remained sluggish is homebuying. According to the National Association of Realtors, December existing home sales declined 6.4% from November — the weakest month for existing…
Buying a House? Odds Are Rising You Have a Six-Figure Income
As the U.S. grapples with a housing affordability crisis, a new analysis by Zillow shows 38 percent of homebuyers earned more than $100,000 in 2017.
That’s up 8 percentage points from 2012 and reflects the fact that home values have risen…
A year after Sears, the mall is not dead
At a time when they were already suffering from Target’s failed Canadian expansion and the seemingly unstoppable growth of online shopping, the loss of the once-mighty Sears chain felt like yet another body blow for shopping malls in this…
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