HCRA Catches Besmirched Homebuilder In “Ploy” To Stay In Business
[ad_1] Houses for sale in Ottawa The principals of a besmirched Toronto homebuilder have tried, and failed, to pull a fast one on the Home Construction Regulatory Authority (HCRA). On Wednesday, the HCRA revealed in a press release that it has refused to grant a building licence to Dynasty Home Builders Inc. due to its […]
Home sales up in major metro areas as buyers bet on rate cuts later this year
Houses for sale in Ottawa Sentiment appears to be improving in major real estate markets across the country, with most reporting an increase in sales activity in February. On an annual basis, February home sales were up by double digits in Toronto (+18%), Vancouver (+14%), Montreal (+30%), Calgary (+22%) and Ottawa (+17%). While Toronto activity […]
How to Effectively Assess Global Real Estate Investment Opportunities with Colin Lynch of TD Asset Management
Houses for sale in Ottawa On this episode of the Commercial Real Estate Podcast, hosts Adam Powadiuk and Aaron Cameron speak with Colin Lynch, Managing Director and Head of Alternative Investments at TD Asset Management. Topics covered include: Insights into global market dynamics in 2023 and beyond Canada’s model for weathering economic and real estate […]
When Will Interest Rates Drop? It Depends On Who You Ask
[ad_1] Houses for sale in Ottawa This article was submitted by Shubha Dasgupta, Founder and CEO of Toronto-based mortgage brokerage Pineapple. In today’s dynamic housing market, there is one burning question on everyone’s mind: “When will interest rates drop?” The answer to that question depends on who you ask: The Bank of Canada: “When we […]
Is Hotel Investment a Smart Move?
Looking to diversify your commercial real estate portfolio? Now could be the moment to explore opportunities in Canada’s hospitality industry, particularly the hotel sector. After suffering huge losses due to travel restrictions and lockdowns during the COVID-19 pandemic, the hotel industry in Canada has notched a recovery that few thought was possible. When restrictions were […]
‘A bright shiny object’: Industry reacts as First-Time Home Buyer Incentive axed
However, an April 2023 evaluation of the report showed that uptake of the program remained rooted well below its stated target of 100,000 users by March 2025 – with only 18,291 successful applicants by the end of 2022. J.P. Boutros (pictured top), a prominent government relations advisor who was in Ottawa on behalf of Mortgage […]
Slate’s 4 Pillars of Real Estate Success with Brady Welch of Slate Asset Manage
Houses for sale in Ottawa On this episode of the Commercial Real Estate Podcast, hosts Adam Powadiuk and Aaron Cameron speak with Brady Welch, Founding Partner of Slate Asset Management. Topics covered include: The four pillars of business in real estate investment Insights into asset classes and market dynamics The future of office space Real […]
Councillor Asking BC Gov To Allow Commercial Rent Control
[ad_1] Houses for sale in Ottawa Under British Columbia’s Residential Tenancy Act, landlords are limited in the increase in rent they can demand each year, with the limit for 2024 set at 3.5%. New Westminster City Councillor Tasha Henderson wants to see a policy like this, commonly referred to as “rent control,” introduced for tenants […]
How natural hazard and its catastrophic loss impact housing affordability, supply and demand
Houses for sale in Ottawa Catastrophic loss events have been increasing in frequency, severity and time-adjusted cost. When large-scale catastrophic loss events result in housing unit loss, there’s an increase in demand for housing from displaced families within local and adjacent marketplaces. The allocation of resources to build back, repair or replace lost housing units […]
Rate cuts are on the way, but not this week, economists say
Houses for sale in Ottawa With inflation easing and the economy slowing under the weight of high interest rates, economists expect a more dovish tone from the Bank of Canada when it delivers its interest rate decision on Wednesday, but no rate cut just yet. The Bank of Canada is widely expected to leave its […]
Bank of Canada rate cut risks igniting housing market
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Toronto home prices inch up as buyers adapt to mortgage rate landscape
Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Home sales up 18% from a year ago Published Mar 05, 2024 • Last updated 50 minutes ago • 2 minute read Toronto area home sales jumped by 17.9 per cent year-over-year in February while benchmark home prices inched up modestly. Photo by Tyler Anderson/National Post […]