The Latest information in Pre-Construction Condos
Ontario Realtors support repeal of mandatory home energy audits
A decision to put the brakes on mandatory home energy audits has been welcomed by Ontario Realtors.
The government’s decision to repeal the Green Energy Act 2009 is good news for home sellers who would have been required to include results…
Canadians should get slighter bigger pay checks next year
Pay checks for non-unionized Canadian workers should grow slightly more in 2019 than they did this year.
A new report from the Conference Board of Canada forecasts an average 2.6% year-over-year increase in wages next year, up from 2.4% in…
New GTA condo prices up 11% despite increased supply
Condo prices continue to rise in the Greater Toronto Area even as new supply eases inventory pressures.
The average selling price of actively-marketing projects in the third quarter of 2018 was $745 per square foot, up 11% year-over-year.…
Flippers might not be the problem in Toronto and Vancouver
Often blamed for overheating in major markets, flippers actually represented only a minor proportion of home transactions in Toronto and Vancouver, according to a Bloomberg analysis that looked at Teranet Inc.’s land and housing registry.
In…
New home sales in the US down to near 2-year-low
Housing affordability issues south of the border have driven down sales of newly built homes across the US.
Figures released Wednesday by the HUD and US Census Bureau shows a 5.5% decline in new home sales in September compared to August…
Commercial property owners are overburdened with tax says Altus
Owners of commercial real estate are carrying a disproportionate property tax burden across Canada according to a new report.
The Altus Group’s analysis in association with the Real Property Association of Canada (REALPAC) looks at property…
GTA new home sales jumped in September
There was an improvement in sales of newly-built homes in the Greater Toronto Area last month.
Data from the Building and Land Development Association (BILD) shows that 1,747 new homes were sold in September, up sharply from the 974 in August.
There…
Interest rate announcement left out an important word
The Bank of Canada’s decision to increase interest rates to 1.75% Wednesday was not a surprise to many, but an omitted word is perhaps more so.
Dr Sherry Cooper, chief economist of Dominion Lending Centres says it was interesting that Governor…
New ‘dot real estate’ domain names to launch next month
A new domain name suffix will be opened up to all in November following a pre-registration period for Realtors.
The .realtor designation will be available through around 20 domain registrars including GoDaddy and get.realestate and unlike…
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