Canadian real estate prices will “rip” higher: SCOTIABANK Canadian real estate may be sluggish right now, but a major bank believes it will “rip” shortly. According to a recent Scotiabank study, the Federal government is at conflict with the Bank of Canada’s (BoC) aims. The country’s central bank is attempting to restrict demand and thereby […]
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Is it ok to invest in a home? As a homeowner, you have control over your living situation and financial future, rather than being at the whim of a landlord who can unilaterally decide to stop renting out the property at any time. Canadian real estate is a safe bet because of its historical trend
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BoC Index: Canadian Housing Affordability Unsustainable Even while Canadian real estate has never been cheap, it has rarely been this costly in recent history. For the third quarter of 2022, the Housing Affordability Index (HAI) published by the Bank of Canada (BoC) reached a new record high not seen since 1983. What this means is
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Testing for Radon: 5 Frequently Asked Questions Certainly, you could have heard anything about radon before. You might even be aware that excessive levels of this naturally occurring gas can be harmful to your health if allowed to accumulate within your home. That’s a fantastic place to begin. However, if you’re worried about the security
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A new record in Q1 as the Pre Construction condo sales increase Condo sales have increased in the Greater Toronto Area and set a new record for Q1. It has increased by 55 percent and surpassed the 10-year average sales by 60 percent. The 10-year average sales were 5,164, which has raised to a new
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The Finalization of 10Block Studio’s Plans for Luxury Condo 10Block Studio has recently submitted an application to the City of Toronto for Site Plan Approval in order to build a brand new luxury condominium tower that will be located at 65 George Street in the Old Town district of the city. The current application is
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Canada housing plans considered vague by BMO April 7th witnessed the release of the Canadian budget for the fiscal year 2022-23. Through the budget release, the Canadian government promises to enhance the housing conditions by making it more affordable and cost-efficient. The liberal party committed a few key measures, in case of re-election, that they
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Hamilton to witness the tallest building: 45 Storey Tower The City of Hamilton is deciding to build a tower along its waterfront that would be the tallest in the city. The government has decided to take this step so that it can be considered a move towards higher density for the growing Southern Ontario City.
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April witnessed an increase of 8% in Canada’s housing starts There was an increase of 8 percent in the number of homes that began being constructed in Canada last month, which is an indication that the housing sector in the country is heading in the right direction. According to the Canadian Mortgage and Housing Corporation
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Construction worker’s strike affects high rise in GTA by Amy 15000 residential construction workers go on strike over wages and workers’ rights. This strike by the workers was the biggest in 20 years and this might have had a huge impact on the construction of ground and high-rise buildings in the Toronto Area. On Sunday,
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