9/13/2024 | Posted in New Developments by Russell Pearsall
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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More
2/22/2024 | Posted in Ontario Real Estate by Russell Pearsall
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Discrepancy debunks notion that construction industry is 'sitting on supply,' say developers
... More 2/7/2024 | Posted in Real Estate Market by Russell Pearsall
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Monetary policy can’t do everything, central bank governor Tiff Macklem says
... More 2/5/2020 | Posted in Canadian Housing Market by Russell Pearsall
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test.
... More 1/7/2020 | Posted in Canadian Housing Market Predictions by Russell Pearsall
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The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say.
... More 6/7/2019 | Posted in Ontario Real Estate by Russell Pearsall
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The Ontario government has passed legislation which aims to tackle the province’s housing crisis.
... More 6/2/2019 | Posted in Toronto Real Estate by Russell Pearsall
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Torontonians could find themselves “doubling up” on housing with friends or relatives in the coming years as the city’s breakneck population growth outstrips ... More
5/11/2019 | Posted in Canadian Housing Market by Russell Pearsall
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The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership ... More
4/30/2019 | Posted in Canadian Housing Market by Russell Pearsall
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For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research.
... More 10/2/2018 | Posted in GTA Real Estate by Russell Pearsall
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Ryerson City Building Institute report finds that low-rises and townhouses could help tamper the GTHA’s affordability crisis, using Mississauga as a case study.
... More 9/29/2017 | Posted in Ontario Real Estate by Russell Pearsall
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In an announcement earlier this week, the government of Ontario stated that it has established a new team tasked with removing the multiple barriers to housing construction and ... More
6/8/2017 | Posted in Toronto Real Estate by Russell Pearsall
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Home sales dropped in May 2017 compared to last year, but experts say the trend is likely temporary.
... More 4/12/2017 | Posted in Toronto Real Estate by Russell Pearsall
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?
... More 3/28/2017 | Posted in Ontario Real Estate by Russell Pearsall
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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.
... More 3/27/2017 | Posted in Toronto Real Estate by Russell Pearsall
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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More
2/12/2017 | Posted in Real Estate News by Russell Pearsall
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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More
2/7/2017 | Posted in Toronto Real Estate by Russell Pearsall
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Priced out of detached houses and other low-rise products, Toronto buyers poured into condominiums units last year to create a 10-year low in inventory, according to a recent ... More
1/30/2017 | Posted in Toronto Real Estate by Russell Pearsall
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In a report released last week, the Royal Bank of Canada cautioned that the trends and conditions in Toronto real estate point to the growing possibility of government ... More
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