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A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, ...
10/11/2024

A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year.
The report from Rentals.ca and Urbanation found average asking rents sat at $2,193 for September, marking the fifth straight month that the annual rate has slowed from May’s nine per cent growth.
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https://bit.ly/4eUEdEp

A three-storey house on a quintessential west-end Toronto street offers “the pinnacle of modern living.Spanning more tha...
10/09/2024

A three-storey house on a quintessential west-end Toronto street offers “the pinnacle of modern living.
Spanning more than 3,500 square feet against a backdrop of marble and white oak, the home is characterized by its luxurious features: an imported Italian custom kitchen, noise-cancelling windows and a wireless home sound system.

A report by Canada Mortgage and Housing Corp. says higher interest rates decreased housing starts by about 30,000 units ...
10/03/2024

A report by Canada Mortgage and Housing Corp. says higher interest rates decreased housing starts by about 30,000 units in 2023.
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https://bit.ly/4dvF64z

According to a Re/Max report, renovations and infill homes being built across the GTA are changing the face of neighbour...
09/25/2024

According to a Re/Max report, renovations and infill homes being built across the GTA are changing the face of neighbourhoods and helping to push up property values.
Click on the link below to read more!
https://bit.ly/4eF06Hb

New home sales in the GTA hit historic lows in August with “very few” new projects launching as the preconstruction mark...
09/19/2024

New home sales in the GTA hit historic lows in August with “very few” new projects launching as the preconstruction market continues to struggle amid a high interest rate environment. There were 464 new home sales in August, down 46 per cent from August 2023 and 73 per cent below the 10-year average, according to the Building Industry and Land Development Association’s (BILD) Thursday report.
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https://bit.ly/3MR5OK5

It is becoming increasingly clear that any return to a healthy market is not just a matter of waiting for interest rates...
09/09/2024

It is becoming increasingly clear that any return to a healthy market is not just a matter of waiting for interest rates to drop. Every month, BILD publishes data on new home sales in the Greater Toronto Area and we recently released the data for July, which showed that new home sales have continued to decrease in the summer months. Our data paints a stark picture of a housing market that is struggling with deep structural issues, which have made the cost to build too high and, as a result, new homes that are too expensive for prospective new home buyers.
Click on the link below to read the full article!
https://bit.ly/3zct2XO

Toronto’s real estate market is betting on more interest rate cuts from the Bank of Canada to stimulate the fall market....
09/03/2024

Toronto’s real estate market is betting on more interest rate cuts from the Bank of Canada to stimulate the fall market. Already the anticipation is having an impact. Click on the link below to read more!
https://bit.ly/3MyCfg4

Sales of new builds continue to plummet with July recording an all-time low for the month with very few new project rele...
08/29/2024

Sales of new builds continue to plummet with July recording an all-time low for the month with very few new project releases and steadily increasing months of inventory. There were 654 new home sales in July, down 48 per cent from the same time last year and 70 per cent below the 10-year average, according to a Wednesday report from the Building Industry and Land Development Association (BILD).
Click on the link below to read more!
https://bit.ly/3Xq9fwn

Canada’s housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listing...
08/26/2024

Canada’s housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said.
Sales were down 0.7 per cent from June when seasonally adjusted, though up 4.8 per cent from a year earlier, while new listings were up 0.9 per cent on a month-over-month basis.
Click on the link below to read more https://bit.ly/3T5tY70

Listed just under $800,000, the three-bedroom, two-bath condo suite in downtown Toronto is clickbait for families on the...
08/19/2024

Listed just under $800,000, the three-bedroom, two-bath condo suite in downtown Toronto is clickbait for families on the hunt for an affordable home. White oak cabinetry, quartz counters, high-end appliances made in Germany, a dedicated parking spot. Click on the link below to read more!
https://bit.ly/3X9IGfJ

Canada’s housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listing...
08/16/2024

Canada’s housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said. Sales were down 0.7 per cent from June when seasonally adjusted, though up 4.8 per cent from a year earlier, while new listings were up 0.9 per cent on a month-over-month basis.
Click on the link below to read more!
https://bit.ly/4fLuRvk

TORONTO - Tapestry Community Capital says housing groups across Canada are aiming to raise $110 million through communit...
08/12/2024

TORONTO - Tapestry Community Capital says housing groups across Canada are aiming to raise $110 million through community bonds to secure affordable living options.
Click on the link below to read more.
https://bit.ly/3X25P3y

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Mississauga, ON
L5S1T8

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