A recent survey by Abacus Data stated that one-third of non-homeowners in Ontario have given up on ever owning property; another 26 per cent are pessimistic.
Canadian home sales have tapered off their Q1 peak but that doesn’t mean every segment of the market has softened. As the buying frenzy has subsided, the condo market is seeing an increase.
More than a tenth of homeowners in Vancouver, Toronto and Montreal own multiple properties, according to a Royal LePage survey of 1,500 Canadians.
EMBLEM Developments’ last project sold out in 48 hours and is once again making news with their current project that's under development at 89 Dundas St. W. in Mississauga.
Condo apartment rental transactions more than doubled in the GTA to 14,920 in the second quarter of the year from 7,300 during Q2-2020 and climbed from 13,168 in the first quarter of 2021.
Lumber and steel mill shutdowns invariably caused prices surges, although nothing rose as high as the former, however, prices have tapered since the economy began reopening.
According to Amy Assaad, a broker with Royal LePage Du Cartier, there’s a more pragmatic reason luxury buyers, whether local, national or international, are flocking to Montreal.
Read what Royce Mendes, executive director and senior economist at CIBC Capital Markets, has to say about the economy awakening from their long pandemic-induced slumbers.
Condo insurance premiums shot up 27% in B.C., 16% in Alberta and 9% in Ontario compared to the same quarter in 2020. Read more about the report from LowestRates.ca
Verve Senior Living operates 30 retirement residences across Canada. Residents are independent, but Verve still offers medication management, mobility support, and more.
Swimply is an app that lets people rent a host’s backyard swimming pool by the hour and provides liability insurance for up to $1 million and $10,000 property damage insurance.
This team has a wealth of experience marketing and selling low-rise projects, including detached subdivisions and townhomes, in addition to condominiums.
“Over the first five months of 2021, households added $57.5 billion in mortgage debt, compared with $34.3 billion over the same period in 2020,” said StatCan.
Montreal and Vancouver are expected to remain top destinations for international purchasers of luxury real estate because Canada’s housing supply is constricted it will create tighter market conditions.
Kitchen renovations can increase the value of a home by 4-6%, but it has to be done correctly. Here is what Andrew Hibbs, owner of Edmonton-based Kitch, has to say on the matter.
Good mortgage brokers leverage strong relationships with their lending partners to get their clients’ files moved to the front of the line. Here's what Certified Mortgage Brokers Toronto does.
The move has given builders leeway to stagger shifts and therefore limit the number of construction workers at gathering points on a worksite, such as at a hoist.
Lenders tend to use lower rates to drive borrowing and the last few months have seen a record number of mortgages being processed,” said Leah Zlatkin, principal broker at Brite Mortgage.
In terms of transaction volume, Vancouver’s office sector had a difficult first quarter of the year, however, investment rose by 86% year-over-year with $243 million invested.
Riverwalk Niagara will be a five-storey, 51-unit condominium with unit sizes ranging from 700-1,600 sq ft in Chippawa, ON, just 4 km away from the Falls and directly across the street from family-favourite Kingsbridge Park.
“Unfortunately, sellers are getting caught up in the previous numbers of the market or hear about a neighbour who sold their house for X amount of money a few months ago, and believe their house is worth the same or more."
The Willows Townhomes is a 238-unit condominium development that has a rich amenity package and higher-end finishes from floor to ceiling. Brightwater Towns are no different. Read more about what they have to offer.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
