Neil Sharma is the Editor-In-Chief of Canadian Real Estate Wealth and Real Estate Professional. As a journalist, he has covered Canada’s housing market for the Toronto Star, Toronto Sun, National Post, and other publications, specializing in everything from market trends to mortgage and investment advice. He can be reached at [email protected]
"The explosion of agents in Ontario specifically, and particularly under TRREB, is having an effect on the quality of service people are getting."
Inventory isn't keeping up with demand and it's making it harder for buyers to find what they want. Here's what the survey conducted by Ipsos concluded.
Bill Fender, SVP of commercial property portfolios at First Onsite Property Restoration, urges people to get their office buildings inspected before returning to work after working from home for so long.
It's believed, after a survey by RE/MAX and Leger, that the average price for a cottage property will rise by 30% in certain markets. Here are the most affordable regions.
“COVID or no COVID, we do these surveys all the time and 80% or more want to stay in their homes for as long as they can,” said HomeEquity Bank CEO Steven Ranson.
While sales might have been down on a monthly basis, sale prices were up 42% year-over-year, marking the largest ever increase.
A new Royal LePage and Sagen joint survey found that 62% of entry-level buyers are worried about saving enough for a down payment.
"How do you fix supply? That’s a really difficult question because of the amount of time it takes and the cost inputs," says Dustan Woodhouse, president of Mortgage Architects.
Some operators are essentially paying property taxes that reflect their values in 2016, not their present-day, revenue-depleted circumstances.
The First-Time Home Buyer Incentive has been modified to improve income qualification. These changes raise the maximum household income from $120,000 to $150,000.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media