TD Housing and Economic Outlook
After some near-term weakness, our forecast anticipates new listings climbing through much of 2023 and in 2024. However, rising demand should keep markets balanced and underpin positive growth in home prices, particularly in the second half. To view the presentation...CTV News Feature
Collingwood hospital’s new effort to recruit staff Ian Duffy CTVNews.ca Barrie Video Journalist Follow | Contact Published Dec. 29, 2022 9:38 p.m. EST Share facebook twitter reddit More share options Collingwood General & Marine Hospital has developed a new...What’s Happening, April 2022
The first warm days are upon us and with a few announcements from the Bank of Canada about interest rate increases, the spring market across Canada is seeing an uptick of listings, which is a welcome sight to buyers who have been waiting in the wings. Here in Southern...What It Went For $2.503 Million
NP Homes, What it Went For, Mar 26 2022 what it went for $2.503 MILLION Co n n i e Adair The Blue Mountains 117 Aspen Way (The Blue Mountains) Asking price: $1.989 million Sold for: $2.503 million Taxes: 6,596 (2021) Bedrooms: 4+2 Bathrooms: 3+1 Square footage: 2,714...Ontario government increases and expands foreign speculation tax
by Corben Grant on 31 Mar 2022 In 2017, the Ontario government introduced the Non-Resident Speculation Tax (NRST) as part of an attempt to slow a rapidly growing housing market in southern Ontario. Despite measures, the market has continued upwards even faster in...Royal LePage 2022 Spring Recreational Property Report
Royal LePage 2022 Spring Recreational Property Report Royal LePage forecasts double digit gain in national recreational house price in 2022, as appreciation is expected to remain strong following a sizzling 27% jump in prices in 2021 Demand continues to outstrip...Karen Willison on closing a deal with ‘lots of moving parts’
By Connie Adair -Mar 18, 20220 Multiple sellers and buyers, a lot of planning and many moving parts – the scenario may be common in industrial/commercial deals but not so much in the residential world. However, real estate agent Karen Willison of Royal LePage...Canadians who want to age in place
Single-storey suite deemed most essential feature by Canadians who want to age in place; Royal LePage experts Survey highlights: 43% of survey respondents say a fully-equipped main-floor living space is essential for seniors planning to age in place 42% of respondents...GTA home prices still forecast to rise 11 per cent in 2022 even with expected interest rate hikes: Royal LePage
Real estate brokerage Royal LePage says that the expected rise in interest rates in 2022 “may not be enough tooffset the significant upward price pressure” on homes, especially in the Greater Toronto Area where it expects the cost of the average property to go up by...Outside Toronto’s core, a market gone ‘haywire’
CAROLYN IRELAND Globe and Mail TORONTO PUBLISHED NOVEMBER 10, 2021 Talk of rising interest rates may create a spurt of buying in the real estate market as buyers rush to get in ahead of rate hikes. But rich prices across most of the country – combined with higher...What’s Happening – November 2021
There’s a chill in the air and we already had our first taste of snow, are you as excited for winter as I am? With ski season just around the corner, we are now getting a bigger picture of how Real Estate performed in Southern Georgian Bay in 2021. An...Buy or rent a home: Which is better financially?
For generations, Canadians have been asking themselves this important question: ‘Is it better to buy a home or rent?’ On the one hand, owning comes with more responsibility and higher monthly expenses, but offers more stability and a long-term investment. On the other...Canada Plans To Foster Its Real Estate Bubble By Raising The Maximum Mortgage Size
By Stephen Punwasi Canada plans to increase credit access for the country’s riskiest borrowers in the years to come. A re-elected government may not seem like change, but they promised a big one — larger insured mortgages. High-ratio borrowers will see an increase of...Canadian home prices expected to be up 20% by end of the year
By Laura Hanrahan Canadian home prices are on the rise with a near 20% projected increase by the end of December, according to the Canadian Real Estate Association’s (CREA) most recent report. As home sales across the country saw a slight drop in August, falling 0.5%...How remote work is impacting the real estate choices of young Canadians
The normalization of remote work was beginning to pick up steam in the years leading up to 2020, and as a result of the COVID-19 pandemic, has gained more widespread acceptance across many industries. As such, the trend of young Canadians choosing to live further...Tight market conditions create renovation craze in 2020 and 2021
Article by Neil Sharma Canada’s housing market caught fire in mid-2020 and that spurred more than half of the country’s homeowners to renovate their existing abodes either to remain in place or to sell, says a new report from A Leading Real Estate Firm. The 2021...Royal LePage: Canadian recreational house prices forecast to increase 15% in 2021
Highlights: A house in Ontario’s and Atlantic Canada’s recreational property markets expected to see highest price gains in 2021, rising 17%; Quebec and British Columbia recreational markets forecast to increase 15% and 13%, respectively 91% of recreational experts in...What’s Happening March 2021- Market Update
The February numbers are in and the month roared in like a lion and went out like one too! While the strong numbers were considered surprising just a half a year ago, the outlook for housing in Canada has trended positive and the consensus is prices will rise. CMHC,...Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home
Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home; one quarter of these homeowners have purchased a property since the onset of the COVID-19 pandemic 52% say remote work has increased likelihood of moving further from employer Highlights: 68%...Royal LePage Canadian Home Price Update – Q4 2020
Royal LePage: More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter Fourth quarter regional highlights: Price of detached homes continue to outpace condominiums as Canadians trade...Cottage prices rise amid demand from remote workers, retirees
Home prices are increasing in Canada’s cottage country