Vancouver’s detached home costs will fall 20 per cent over the next year as the number of homes changing hands in the city continues to plunge, National Bank said in a report on Friday. “In the case of vehicles of Vancouver, we guess the prices correction will begin soon,” National Bank economist Marc Pinsonneault […]
New regulations ‘not the end of the world’ in Toronto – Builder
In toronto real estate, while the Toronto condominium market will certainly feel the dampening effects of the recent changes to federal rules governing mortgages, a renowned builder and real estate broker was contended that such adjustments will not inevitably lead to price corrections and sales decline in the city.“It’s really not the end of […]
Toronto home buyers look to buy condos which are now getting larger
In toronto real estate, Toronto-area builders say a shortage of low-rise homes continues to push people into condominium apartments, which are increasing in sizing for the first time in years to gratify the demand. “The recent increase in high-rise costs can be attributed to the rise in average suite sizing, combined with a growing […]
GTA Realtors Release September, 2016 Resale Housing Market Figures
In toronto real estate, on October 5, 2016, Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS reported 9,902 sales through TREB’s MLS System in September 2016. This result was up by 21.5 per cent compared to September 2015. For the region as a whole, strong annual rates of sales […]
Housing in Canada overheating but don’t expect a breakdown, a new report
In toronto real estate, forget all the housing crash talk says a new report that recommends prices acceleration in Canada’s housing market will slow down without any hard landing. Moody’s Analytics, which employed the Brookfield RPS house price index for its modelings, maintains that prices in Canada will slow down as some markets, especially […]
