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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

Montreal’s condo market remained hot in February

“Condominium sales compensated for the decrease in single-family home sales in February," Charles Brant, director of market analysis at the QPAREB, said.

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Canadian economy ended 2020 on an extremely upbeat note

Economic growth in the final quarter of last year was a surprisingly strong 9.6% (annualized). The surge in growth in January was even more interesting.

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Is talk of an overheated housing market full of hot air?

“It’s possible given the recent increases in prices, that some people are speculating about further increases in prices,” said Benjamin Tal, deputy chief economist of CIBC Capital Markets.

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The time to invest in real estate has never been better

There are some great advantages for first-time investors who are looking to enter the market now. Here's what the founder and principal broker of Pekoe Mortgages has to say.

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Price increases in the 905 might not sustain

In February, the average price of a detached home in the 905 increased by a whopping 27.8% to $1,300,853, according to the Toronto Regional Real Estate Board.

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Investors should heed the looming housing shortage

With downtown Toronto’s condominium market staging a remarkable comeback, it begs the question: what effect will the delayed condo launches in 2020 have in five years?

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Planned subway line will drive King St

New condos going up on King St. E. and Berkeley St. by Lamb Development Corp will be 32-storeys and the new Ontario Line subway route station.

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For investors, presale condo units trump resales

The five- and 10-year averages for price growth in newer downtown Toronto condos is 15% and 8%, respectively. GTA-wide, the 10-year average is also 8%.

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Toronto’s condo market has officially rebounded

Condominium sales in the City of Toronto surged by 63.2% year-over-year in February to 2,167, according to the latest data from the Toronto Regional Real Estate Board.

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Robust fundamentals driving Texas’s multi-family sector

According to GTA-based Seth Ferguson, CEO of Multifamily Real Estate Investments Inc., Texas has arguably the most propitious horizon in the Sun Belt.

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