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November 2021 - Posts

Canadian new home prices see biggest jump since 2006: StatsCan
The price of a new home in Canada increased on both a monthly and yearly basis during October as supply constraints persisted in some regions. In its New Housing Price Index for October 2021, Statistics Canada reported that national new home prices grew Read More...
Toronto's Tallest Ten Towers Waiting In Line for Approval
In Toronto, you're never very far from a crane. There are so many here — particularly because of the huge demand for new housing — that, in fact, we have more cranes than any other city on the continent, over 220 in the 416 alone. While Read More...
Inflation forecast Canada 2021-2022
Inflation in the Canadian economy has been on a steep increase since the start of 2021. Now as Canada begins to emerge from the COVID-19 pandemic, the hopes are for positive economic growth, however, it seems pandemic effects may stick around longer than Read More...
Toronto home prices up 33% and the real estate market isn't cooling anytime soon
Toronto's hot real estate market isn't showing any signs of cooling and a new report explains why. As we have seen from numerous real estate reports, home prices continue to skyrocket across Canada. Some believe Toronto's bloated housing market Read More...
GTA rental prices mark sixth straight month of growth from two-year low
Rental prices in the Greater Toronto Area continue to trend upwards from the market’s two-year low that was recorded in early 2021. In its Toronto GTA Rent Report published this week, Bullpen Research & Consulting and TorontoRentals.com stated Read More...
What labour shortages, inflation and supply chain headaches mean for builders, buyers
The new construction industry continues to grapple with rising trade costs in tandem with soaring commodity prices and Toronto could see building expenses climb higher this year. David Schoonjans, senior director of cost and project management at Altus Read More...