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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

Investors set sights eastward

This 11-storey, 184-unit mid-rise condo is slated for development in the Kingston Rd. and Morningside Ave. area in Toronto.

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Wills, power of attorney documents protect home investments

The Toronto-based company offers a service that enables clients to create their own will and power of attorney documents online.

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Mississauga Food Bank sees demand for services rise 60%

The Mississauga Food Bank has had a 60% increase in people using its services since the pandemic began a year ago compared to the previous 12 months.

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Boutique mid-rise comes to Ontario’s wine country

"We’re finding a lot of couples are buying because they’re passing our site on their way to wineries and they say to themselves, ‘Oh my God, we can live here now.’"

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Canada sets sales record in February: CREA

According to the CREA data, new listings rose by 15.7% last month from January, and the sales-to-new-listings ratio is so high that everything available is selling.

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Roaring Canadian jobs market signals economic rebound

Statistics Canada released the February 2021 Labour Force Survey showing much stronger-than-expected job growth. Economists were pleasantly surprised by the rapid rebound.

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Markham readies for first condo launch in nearly a year

Joy Station Condos by Liberty Development is planning its first phase composed of two 22-storey towers containing over 500 units.

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Is 905 region in a housing bubble?

The word “bubble” has crept back into housing analysts’ vernacular lately, and looking at the 905 region, it’s not difficult to understand why.

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Federal government accused of worsening wealth inequality

"Everyone says low rates help people through lower payments. It’s beneficial for entrants when the mortgage rate is 1.5%, but prices rise incrementally to offset low rates."

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Bank of Canada holds policy rate at 0.25% and maintains QE program at current pace

Q4 growth came in at a surprisingly strong 9.6% annual rate—double the pace expected by the Bank.

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