The Toronto real estate scene appears to be grossly misinformed when it comes to rent controls. Since Ontario announced the Fair Housing Plan, real estate agents, developers, and even politicians have said the province is attacking landlords. You’ve probably heard someone on the news, or even a friend, discuss how the “unfair” the new Rental […]
Lower condo sales and higher inventory should relieve some of the pricing pressure in Vancouver, right? Not according to numbers published by the Real Estate Board of Greater Vancouver.
Toronto condo prices are still climbing at the same pace as last year, despite a huge drop in sales, and inventory climbing back to historic levels.
Canadians are putting up their residential real estate to secure loans, at one of the fastest rates in history. Office of the Superintendent of Financial Institutions (OSFI) numbers show the balance of loans secured by real estate made a seasonal decline in January. The seasonal decline however, is at a much slower pace than previous […]
Canadian Real Estate Makes The Largest Drop Since 2008, and New York Gears Up For A Speculator Crackdown.
CREA, the organization that represents the Canadian real estate industry, just updated their forecast for 2018 – and it’s not pretty.
New York City is getting an additional tool to crack down on real estate flippers. The new tool is just one of the few ways the city is letting speculators know they aren’t welcome.
Teranet’s HPI shows Vancouver real estate printed an all-time high in February, but a deep dive into the data actually shows a huge monthly decline that’s being averaged out. Here’s what you need to know.
Toronto real estate prices continued its rollercoaster pattern. The Teranet–National Bank of Canada (NBC) HPI shows prices declining in February. The decline comes just one month after breaking a down pattern in January. Even though the city’s price growth is still very high, it’s at the lowest level in over 3 years. About The Teranet-National […]
Canadian real estate has entered a down cycle, with price gains rapidly tapering and sales across the country falling the most since the Great Recession.