The Latest information in Pre-Construction Condos
5 reasons (besides low interest rates) why Toronto and Vancouver real estate may only get hotter
Low interest rates are playing the leading role in the fiery dramas that are unfolding in the Toronto and Vancouver housing markets, where home prices are rising at a frenetic double-digit pace annually, say leading economists in a new report.
But…
Luxury real estate sales rage on in Toronto
An “unprecedented” number of luxury home sales have been reported in one of the country’s frothiest markets.
Toronto saw 500 properties worth north of $2 million sold between January 1 and March 31 of this year.
"Performance in the…
Breaking: Major developer enters bankruptcy
A large developer is taking steps to “deal with current cash flow issues.”
Toronto-based Urbancorp has started restructuring proceedings under the Bankruptcy and Insolvency Act in a bid to address debt issues.
“We determined, after…
Condo buyers beware: How some builders overcharge for taxes
Thousands of purchasers of new condominiums are being overcharged for property taxes.
Here’s how it works: when a new condominium is ready for occupancy, the buyer gets the keys and can move in — but title will not be transferred for…
Canadian Real Estate Re-Cap
Based on recently published data by the Canadian Real Estate Association1, the charts below summarize the total dollar volume (MLS) in residential real estate sales by region, the percentage change for 2015 over 2014, and the 2016 forecast by…
The Salary You Need to Buy a Home in Cities Across Canada
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Pier 27 Offers Holiday Special at their Tower on the Lake
Holiday celebrations are starting early this year at Pier 27 Tower on the Lake, the third phase of the sought after lakefront luxury condominium on Queen’s Quay. From now until the end of December, Pier 27 is offering two years free maintenance…
Record year for Toronto home sales
The Toronto Real Estate Board reported its second best sales for December in 2015, which completed a record breaking year for the region’s realtors. MLS sales in the GTA of 4,945 in December took the year’s total to 101,299, a rise of 9.2…
Toronto named hottest luxury real estate market in the world
The report by Christie’s International Real Estate says Toronto was the only location among the world’s top 10 markets to see a faster pace of luxury home sales last year over 2013 – 37 per cent in 2014, compared with only four per cent…
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