The Latest information in Pre-Construction Condos
Interest rates, mortgage rules leading to Ontario slowdown
Ontario’s medium-sized cities are heading for a slowdown according to the latest assessment from the Conference Board of Canada, with home financing among the key reasons.
It says that apart from Greater Sudbury and St. Catharines-Niagara…
RBC posts record net income, setting tone for Big Six
The big banks are reporting their quarterly earnings and the season has started well with record net income for Royal Bank of Canada.
RBC reported record net income of $3,109 million for the third quarter ended July 31, 2018, up $313…
Slower sales, steady prices for GTA new builds
Sales of newly built homes continued to fall in July as condo sales slumped and single-family sales remained subdued despite a jump.
A report from the Building Industry and Land Development Association (BILD) shows that combined sales were…
Seven Signs Your Local Real Estate Marketing Is Starting To Heat Up
Understanding what a real-estate market is trending toward is vital, as it can help sellers establish what price they want to aim for, while buyers can better determine exactly how much they should spend on a property, especially if the market…
ATB Financial reports higher loans, deposits
The financial year has started well for provincial lender ATB Financial with growth in loans and deposits delivering first quarter net income of $57.3 million.
Although that figure is down from $63.1 million a year ago, this was largely…
Interest rate hike likely in October says TD economist
The cost of living was higher in July as energy prices and interest rates added to household expenditure.
Data from Statistics Canada show that the Consumer Price Index was up 3% on an annual basis following June’s 2.5% increase.
The…
This Canadian city ranks in the global top 10 for innovation
The US has dominated an annual ranking of the Top 500 most innovative cities in the world but one Canadian city has made the highly-competitive top 10.
Tokyo tops the list, compiled annually since 2007 by Australian consultancy 2thinknow…
RBC: "Little risk that prices will accelerate much further"
Home resales in Canada were driven by the Greater Toronto Area in July with a 7.7% gain compared to 1.9% nationally.
The GTA also saw a flattening of price growth which has been declining in recent months. RBC’s senior economist Robert…
Promenade Mall Redevelopment Plan Submitted to Vaughan
In the 32 years since Promenade Mall opened on Bathurst Street in Vaughan, north of Toronto’s city limit, both the retail landscape and demand for suburban land has changed. The 2017 departure of bankrupt anchor tenant Sears, which occupied…
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