Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

Home prices jump 40 per cent in Vancouver — but no one is building
Toronto is also struggling with housing supply: The number of low-rise homes built last year in Canada’s financial hub was the lowest since 1995. The city is encircled by a green belt of almost 2 million acres that’s under permanent protection, and has experienced a price run-up similar ...

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Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

‘Danger Report’: Real estate pros fret court could break lock on secret sales data
Ross Kay claims a real estate agent handing over a few sold listings to a client is not the same as making the information widely accessible online. “What that means is that every single personal detail in a home’s listing would be available to any major corporation or ...

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Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

Foreign ownership of condos down in big cities: CMHC
A report by CMHC says foreign ownership of condominiums in some of Canada’s largest cities has moved lower compared with last year. Foreign ownership was the highest in Vancouver and Toronto at 2.2 per cent and 2.3 per cent, respectively. However, that was down from 3.5 per cent in Vancouver and 3.3 per ...

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Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

New GTA home prices ease as supply ticks higher
The Greater Toronto Area saw a slight increase in the supply and mix of new homes in October while average prices declined slightly, the Building Industry and Land Development Association (BILD) has announced. For the low-rise sector, including detached, semi-detached and townhomes, the average price was $937,689, down around $54k from September but ...

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Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

Home Prices Up Over 50% In GTA’s Hottest Neighbourhoods
Rural Markham tops the list at 77%, the top 5 neighbourhoods have appreciated more than 50% year over year while the bottom five have appreciated in the 44-47% range. Five out of the top ten neighbourhoods are in Markham, four are in Toronto and one is in Oshawa.

Ontario gives rebates to ...

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Realty Point Annual Celebration

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Realty Point is Ontario’s fastest growing real estate franchise company, now with 17 franchise real estate brokerages, and we will be celebrating our second anniversary on Sunday, December 11, 2016.

The evening will feature:

  • Over 800 Guests including invited MPs, MPPs, Senators, Top Realtors®, Real Estate Investors and Prominent Local Builders, Developers and Businesses
  • Networking and Mini-Trade Show
  • Buffet Dinner
  • Music and Entertainment
  • Realty Point Sales Awards
  • Prize Draws – including an all-expense paid trip for two to the Dominican Republic

Time: Sunday December 11, 2016 at ...

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Real Estate in the News

Posted by:

This week’s top real estate news in Ontario and how your real estate business could be affected.

Home prices in Toronto suburbs on fire amid ‘intense’ competition for detached houses
“Until we experience sustained relief in the supply of listings, the potential for strong annual rates of price growth will persist, especially in the low-rise market segments,” said Jason Mercer, director of market analysis for TREB.

Toronto home prices jump 21%, putting sales at record high
The Toronto ...

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Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

Significant growth in Toronto’s average condo rental costs
In Toronto the average condo one bedroom rent was up by 7.2 per cent to $1,777. The average two-bedroom rent was up by 7.9 per cent to $2,419

October is another hot month for Toronto home sales, prices soar
The Toronto Real Estate Board says there were 9,768 sales in the Greater Toronto ...

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Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

NIMBYs Should Say ‘Yes’ To Development In Their Backyard
Here are five reasons why NIMBYism is bad for business, your own property investments and the local economy as a whole.

Suburbs on Track: Touring Transit-Oriented GTHA Development
Throughout the next 15 years, the province of Ontario will invest more than $32 billion into building light rail transit (LRT), subways, regional transit, ...

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Real Estate in the News

Posted by:

This week’s top real estate news in Ontario and how your real estate business could be affected.

Foreign investors home in on Toronto real estate after BC’s tax measure, chart suggests
Record 2016 immigration and a growing first-time homebuyer population, which is the 25-to-34-year-old demographic, are supporting Toronto’s housing market, says Petramala – but there may be something else at play. “The sales-to-population ratio in Toronto has risen sharply recently, suggesting that foreign investment and speculation are playing a ...

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