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New reverse mortgage product available in Ontario

Bloom Financial Company has entered the reverse mortgage market with a new product for Ontarians aged 55 and over. The fintech firm intends to roll out the product in other provinces soon.

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Liberals slammed for not spending election money on housing

Canada’s 44th federal election cost an estimated $610 million—money that could have been better spent on affordable housing, a Toronto real estate broker says.

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Action needed to solve the housing crisis

We are in the middle of a housing crisis, plain and simple, because demand is outpacing supply and, consequently, we’re seeing some very dramatic spikes for the price of homes.

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New platform seeks data-driven solutions to development inefficiencies

A new digital platform endeavours to streamline what its founders say is an inefficient housing development process through a new data-driven operating system for developers to share and access information.

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Pandemic effects waning amid strong fall market in GTA

The Toronto Regional Real Estate Board (TRREB) is reporting a busy fall market, as sales and average sale prices rose from August to September, although new listings declined.

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This is why your move costs more than you thought it would

Packing up and moving is arduous enough, but making matters worse for many Canadians is that there are many additional charges they’re often unaware of.

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Canadian home prices to grow 5% through 2021: RE/MAX

Canadian home prices should rise another 5% before the end of 2021, says a new report from RE/MAX. Single-family detached homes have grown the most.

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Three ways to avoid a skilled trades shortage

The housing crisis facing our country is finally receiving the attention it deserves, but there is another equally troubling situation that the construction industry must contend with that also threatens our economic recovery.

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Fall luxury market to remain strong: Sotheby’s

Canada’s luxury residential real estate market is flying high these days, thanks in large part to robust consumer confidence and economic optimism, says a new report from Sotheby’s International Realty Canada.

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Some landlords won't return to pre-pandemic rents for foreseeable future

Ontario’s rent freeze concludes January 1, but in Toronto where rental income hardly carries condo mortgages, some investors might not be able to achieve market rents for the foreseeable future.

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This investor has 725 doors

Andrew Brennan has been an investor since 2008 and today has about 725 doors. The trick, he says, is to build a portfolio in the multifamily sector because commercial mortgages are much easier to obtain than residential mortgages.

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Royal LePage study says owning has more benefits than renting

A new study from Royal LePage has found that homeowners who can afford 20% down payments are much better off in the long run than renters.

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Despite lots of new construction, general costs have spiked

Housing starts in Canada are the highest they’ve been since the 1970s but that isn’t the case in Toronto, where scarce supply is causing home prices to surge.

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