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August 2021 - Posts

Over 4 In 5 Canadian Real Estate Markets Have Seen Price Growth Slow
Canada is in election mode, and all politicians have a plan to cool real estate markets. The thing is, most markets have begun to cool on their own. Canadian Real Estate Association (CREA) data shows a third of markets made a monthly pullback in July. Read More...
Trudeau vows ban on foreign buyers
Prime Minister Justin Trudeau has promised to introduce a two-year ban on foreign home buyers and make the home purchasing process more transparent if re-elected. The Liberal Party leader told a crowd in Hamilton, Ontario that a Liberal-led government Read More...
Toronto Condos No Longer Dominate GTA’s Highest Appreciating Properties
Only one Toronto building makes Top 10; best investments are outside city limits For the first time in six months, Toronto condominiums no longer dominate Strata.ca’s list of properties with the highest appreciation rates. If the latest data is Read More...
Competition for low-rise rentals in GTA sparks bidding wars
Parsimonious rental data in the GTA makes tracking hotspots difficult, but stories about leasing bidding wars are commonplace and, according to the president of the Residential Construction Council of Ontario (RESCON), that’s a direct consequence Read More...
House prices shot up more than 40% in these three GTA cities
The GTA real estate market has reached historic highs over the past year, with house prices in outer-lying cities seeing unprecedented surges in interest. As homebuyers searched for larger spaces in more suburban areas of the GTA during the pandemic, Read More...
Why real estate investors shouldn’t worry about inflation
Rising inflation is a growing concern, but real estate investors can rest assured that their investments are, at least for the time being, inflation-proof. “Real estate has been protected from inflation since the 1970s but it won’t work if Read More...
Prime prices exceed mainstream for first time since pandemic
Prime prices across 46 cities increased at an average rate of 8.2% in the year to June 2021, up from 4.6% in March. What’s happened? Until now, the pandemic-fuelled house prime boom was most evident in the mainstream market but the prime sector Read More...
Toronto neighbourhood could be totally transformed over the next decades
A Toronto neighbourhood could see massive changes over the next few decades. More than 500 acres around Downsview Airport and Downsview Park are part of a planning process to develop residential and non-residential property called id8 Downsview. Just Read More...