Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

Toronto’s residential land prices reach new highs: ‘More condominiums coming’
Residential land prices increase with the emphasis on higher-density condo projects coming to market.

5 reasons why the market meltdown matters to all Canadians
The recent pull-back of stock markets around the globe could signify any number of future trends. here’s a primer on ...

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Real Estate in the News

Posted by:

Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

GTA REALTORS® Release Monthly Resale Housing Figures
Toronto Real Estate Board President Mark McLean announced record home sales for the month of July. Greater Toronto Area REALTORS® reported 9,880 sales through TREB’s MLS® System, representing an eight per cent increase compared to July 2014. The number of transactions were up for all major home types, ...

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Real Estate in the News

Posted by:

Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

Bank of Canada Interest Rate Cut
The Bank of Canada has cut the overnight interest rate to 0.5% with the implication that Canada is in a partial recession. growth in the economy is expected by the Bank to begin in the latter half of 2015. ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Housing affordability declines in Toronto, Vancouver in Q1: report
Rapid price growth in Toronto and Vancouver continues to affect the affordability of housing in those two markets, a recent report by RBC Economics states. The bank also predicts that interest rate hikes by the Bank of Canada will are likely to continue to erode housing affordability next year.

Vancouver inventory squeeze finds buyers panicked, sellers anxious
Vancouver is ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Risks To Canada’s Economy Are On The Rise, Bank Of Canada Warns
House price growth continues to outpace income growth and that could be the fuse that leads to a house pricing correction says the Bank of Canada, but we are on a better economic footing to absorb economic shocks. Also read “Should Stephen Poloz be more worried about the Canadian economy?

Toronto condo construction heating ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

GTA Realtors Release Mid-Month Resale Housing Figures
Mid-May resale housing figures released show a 9.6% year-over-year increase in the Greater Toornto Area reports The Toronto Real Estate Board. “It is clear that demand for ownership housing remains very strong in the GTA. So much so that, if the pace of sales experienced in the first half of this month is sustained in the second half, we will see ...

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Real Estate in the News

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Our weekly wrapup of the important real estate news stories we’re following.

Real estate brokers defy TREB, vow to publish home sales stats – cbc.ca
After TREB sent Toronto brokers a letter (PDF) stating they are not to share house sale priced openly online two brokers are stating they will continue to make the information available to their email subscribers. Whether this is within the intention of the instructions sent by TREB should be revealed ...

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Real Estate in the News

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Realty Point real estate news stories you should read.

The Toronto Real Estate Board (TREB) releases November 2014 Housing Market Charts – Torontorealestateboard.com
Toronto MLS sales and listings charts with 3 year comparison released.

More Than Just a Roof: CHMC – OREAblog.com
The Canada Mortgage and Housing Corporation (CMHC) discusses how major events relate to home ownership over the last three decades.

Flip flop: How the ravenous appetite for homes in Toronto is making life ...

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