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Don’t worry if interest rates rise sooner than expected

The Bank of Canada predicts GDP growth of 6.5% this year, up from its initial forecast of 4%, and while it will hold rates until the economy has recovered, that could happen a year ahead of schedule.

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BMO reveals where first-time purchasers plan to buy

A survey by Pollara Strategic Insights revealed that first-time homebuyers preferred living in major city centres. 27% chose Toronto, 15% Vancouver, and 11% apiece for Montreal and Calgary.

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Here’s when GTA condo rents will increase

There were 13,168 condo apartments rented last quarter, according to the Toronto Regional Real Estate Board (TRREB), compared to 7,251 during the first quarter of last year.

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Blog

Big city condo markets red-hot to start 2021

“Condo price trends are comparatively weaker [than single-family homes]—due to plentiful inventories in the downtown areas of Canada’s largest cities," said an RBC Economics report from Robert Hogue.

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TRREB to Provide Input on City Study of Revenue Tools

The Toronto Regional Real Estate Board is applauding Toronto City Council for listening to our concerns and not implementing an increase to the Municipal Land Transfer Tax.

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1 Jarvis an Emblem of the new Hamilton

With over half a billion dollars earmarked for its downtown, Hamilton is on the cusp of blossoming into a brand new city. Here's what's planned.

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Low housing supply underscores Windsor’s growing pains

Rino Bortolin, councillor for Ward 3, which encompasses downtown Windsor, has been vocal about skyrocketing housing ownership and rental prices in the city’s core.

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Stakeholders come together for faster housing development

More than 20 public and private sector organizations are now on board with the ambitious initiative, known as One Ontario. The goal of the initiative is to achieve efficiency and transparency through the development approval process.

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LTT hike would exacerbate affordability woes: TRREB

Toronto City Council is voting today on whether or not to raise the municipal land transfer tax. Experts weigh in on the matter.

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COVID-19 causing major construction delays

COVID cases have been appearing on construction sites and causing further delays; something that can end up affecting consumers.

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Urbane mid-rise condo coming to Sudbury

Condoville is currently working with a landowner to develop The Brewer Lofts in Sudbury, a five-storey, 50-unit mid-rise building that blends new and old.

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Canada failing its immigration target: RBC

In 2020, Canada only welcomed 184,000 new permanent residents, slightly over 50% of its 341,000 target.

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January set national housing sales record: CREA

Canada’s housing market set another monthly record in January, with countrywide sales rising by 35.2% on an annual basis.

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