Average two bedroom apartment in Canada has risen 2.7% over the last year
According to the annual report release today by the Canadian Mortgage and Housing Corporation (CMHC), the average rent for a two bedroom apartment had risen to $989, up 2.7% from last year’s figure.
Ontario’s Fair Housing Plan
Below is a quick list of what is a part of the Ontario Government’s Fair Housing
Average price of single homes jumps 13% in Toronto
The shortage in new listings is continuing to push the average price of homes up across the Greater Toronto Area. Leading the way is the City of Toronto with the latest average price nearing the
House price growth to remain slow: Scotiabank
According to economists, the key drivers of prices are looking increasingly weaker and are warning Canadians not to expect any sort of significant growth in house prices for the next few years. The Scotiabank report came a week after TD’s economic announced that it expects home prices to grow at 2% per year for the […]
February real estate market data points to a continued cooling trend
The fallout from the tougher lending rules is continuing through February as sales and prices decline on the national scale. After a lacluster second half in 2012, the Canadian Real Estate Association (CREA) adjusted its forcast for 2013. Total sales for the Canadian housing market are projected to fall 2.9% to 441,500 with the national average […]
Condos fueling jump in Canadian housing starts
According to STATSCAN, building permits worth$5.8 -billion were issued in January, which is up 1.7% from December. The value of permits were also up 17.6% after a 6 month decline.
Anyone despise rush hour traffic?
We’ve all had our fair share of rush hour traffic torture, but I have to admit… I had never thought of banning large trucks during the morning and evening commutes. Although it is a bit
Toronto’s real estate market moves into negative territory
Well, its official… Toronto’s real estate market has shifted into negative territory in its average price. The October market marked the first month to month price decline (0.6%) since late last year. Toronto’s real estate market has continued to soften since the new mortgage rules went into
Trump Tower suffers another falling glass panel
Glass has fallen, yet again, at Toronto’s Trump International Hotel & Tower. Workers apparently lost control of a glass panel, dropping it into another glass
Condo owners along Toronto’s waterfront want their own riding
As I am sure not many people know, the Ontario panel of the federal boundaries commission at Elections Canada is redrawing the electoral map across Canada. Ontario is slated for 15 new ridings in the next election, with many of them located in the ever-expanding City of Toronto.
