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Benchmark price of Canadian home up $120,000 in March

In March, new listings set a record by reaching 1 million across Canada, a 7.5% increase from the month prior. Bidding wars were commonplace and inventories fell to their lowest in decades.

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Real estate investing democratized

Learn more about how addy’s mission is to enable every human to become a homeowner by helping them invest in real estate at a price that works best for them, and dividing the investment into equal parts.

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These urban rental units can boost property values

"[...]There’s a lot of push for the city and other government levels to move towards laneway housing to deal with the supply issue and I think that’s a great opportunity.”

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Blog

OSFI proposal eroding supply gains

"“I have noticed more supply coming out on the market in the last week and a half or two weeks, so spring supply is here," said Toronto-based Alex Balikoti, SVP of sales with Balikoti Real Estate Group.

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Blockbuster Canadian jobs report for March

Statistics Canada released the March 2021 Labour Force Survey showing much stronger-than-expected job growth for the second month in a row, pointing towards a Q1 growth rate of more than 5.5%.

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Western Canadian real estate markets had strong Q1

See how Vancouver, Edmonton, Winnipeg and Calgary's real estate market faired last quarter. Royal LePage's report also details house price increase expectancies for Q4-2021.

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Central Canadian home prices saw major gains in Q1

According to Royal LePage, Toronto and Montreal saw double-digit growth last quarter. They expect the condo market to follow suit come the fall once immigration and schools open up again.

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Tips for industrial real estate investing

Diana Hoang, an industrial specialist, recommends that landlords seek out vacant warehouse distribution buildings that they could fill with tenants during the rezoning process for conversion.

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OSFI considers setting a minimum qualifying rate of 5.25% for uninsured mortgages

OSFI considers setting a minimum qualifying rate of 5.25% for uninsured mortgages

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Hotel retrofits could be part of COVID-19’s legacy

Demolitions are expensive, but it’s entirely possible to salvage a building’s structure and gut the interior. Plus, converting hotels into condos isn't entirely difficult and it's been done many times before.

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A primer on the post-COVID office environment

The way employees interact with office spaces and other employers will be very different in the aftermath of the COVID-19 pandemic. Here's what this expert says is in store.

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Tips for lowering your cottage insurance premiums

ustin Thouin, LowestRates.ca’s CEO, offers advice for cottage owners and what they can do to lower their cottage insurance premiums and explains why they're so high in the first place.

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Junction Triangle readies for rare condo launch

House of Assembly is a master-planned development by developer Marlin Spring on Sterling Rd. in the Junction Triangle. Tentative occupancy is slated for January 2024.

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