Theglobeandmail.com [2022]

Last Update: April 3, 2022

Toronto home price increase slows in March as borrowing

Across the Toronto region, the largest real estate market in the country, there were nearly 11,000 home resales last month. That was higher than February but 18 per cent below March of last year.

Actived: 6 days ago

URL: https://www.theglobeandmail.com/business/article-toronto-home-price-increase-slows-in-march-as-borrowing-costs-rise/

Supply increasing in Squamish, B.C., but home prices are

(3 days ago) We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up …

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Five reasons you should not buy a house until you’re at

(1 days ago) But what we’re seeing in real estate now is a special situation brought on by low interest rates and a pandemic-driven hunger for living space. Normally, you should be able to outpace home price

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Nine bids for midtown condo on coming LRT line

(7 days ago) Royal LePage Real Estate Services Ltd. This one-bedroom plus den unit was not as polished looking as the professionally staged units on the 11th …

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Vancouver’s March home sales up 27 per cent since …

(Just Now) The B.C. real estate board says March’s sales totalled 4,344, a 27 per cent increase from 3,424 homes sold in February 2022 and a 24 per cent decrease from the 5,708 sales recorded in March 2021

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Real estate, divorce make a toxic mix

(9 days ago) A few hundred thousand extra dollars in real estate equity can unbalance a carefully crafted settlement agreement in a snap. “You’re …

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Buyers willing to gut $1.849-million Toronto house can …

(8 days ago) Real estate, divorce make a toxic mix. March 30, 2022. Cooling of Ontario housing market hasn’t reached cottage country yet. March 30, …

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Are home prices in the GTA going to keep soaring to new

(Just Now) According to recent figures from the Toronto Regional Real Estate Board (TRREB), tight market conditions in January resulted in a 28.6-per-cent year-over-year increase in the average selling price

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Quick sale for two-bedroom condo as prices hold firm

(5 days ago) The C2C loft building was a conversion from a post office built in 1955 to open-plan lofts, completed 20 years ago. The bright 898-square-foot, two …

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Updates and lack of competition help in $696,000 sale of

(7 days ago) 7807 148 St., Edmonton. Asking price: $695,000 (January, 2022) Selling price: $696,000 (February, 2022) Taxes: $5,317 (2021) Days on the market: 14 Listing agent

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Five quick bids for lakeside Calgary home

(5 days ago) 153 Mahogany Terrace SE, Calgary. Asking price: $624,900 (February, 2022) Selling price: $705,000 (February, 2022) Taxes: $3,410 (2021) Days on …

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Interest rate hike kills first deal for Surrey condo

(5 days ago) Agent Dennis Sepulveda first listed the condo on Feb. 22 for $579,000. They quickly received an offer, but that deal fell through due to financing. They relisted the unit on March 3 for $600,000

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Tax & Spend: Ontario’s stealth tax hike

(9 days ago) Apologies to our readers: An older version of Tax & Spend was sent earlier today. Here’s the latest newsletter. Indexing has been a core principle of Canadian taxation and fiscal policy in

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Changes to foreign buyers tax unlikely to cool Ontario’s

(7 days ago) Real estate experts say Ontario’s decision to increase and expand its foreign buyers tax won’t do much to cool the province’s hot real estate market. Michelle Gilbert says increasing the non

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Pent-up home sales churn Calgary’s rental market

(2 days ago) On March 1, the Calgary Real Estate Board (CREB) reported a total residential benchmark price of $499,400, that’s more than 20-per-cent higher than at the start of the pandemic, and the highest

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Ontario introduces bill aimed at speeding up housing as

(5 days ago) Ontario introduces bill aimed at speeding up housing as real estate prices continue to surge. Jeff Gray Queen's Park Reporter. Oliver Moore Urban Affairs Reporter. Published 29 seconds ago.

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Scarcity drives 14 suitors to bid on Scarborough house

(5 days ago) Harvey Kalles Real Estate Ltd. This three-bedroom house was one of the only detached properties up for sale in Scarborough’s quiet South Cedarbrae neighbourhood. The lack of listings resulted in

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Toronto’s market is cooling. What next

(7 days ago) The cooling in some parts of Ontario’s real estate market is restraining buyers and flummoxing sellers as both sides try to figure out what comes next. Benjamin Reitzes, Bank of …

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Canada’s Top Small & Medium Employers 2022 show remarkable

(8 days ago) Real estate development; 25 employees. Manages a formal year-end bonus program to let employees share in the company’s successes. Humania Assurance Inc., Saint-Hyacinthe, Que. Insurance; 168

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Real-estate turnaround gives Caisse benchmark-beating

(1 days ago) Its real assets portfolio, which includes real estate and infrastructure and accounts for about 20 per cent of the Caisse’s total portfolio, posted a six-month return of 13.6 per cent, compared

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Bidder goes $613,000 over asking for North Toronto home

(4 days ago) Listing agents: Brayden Irwin and Carol Lome, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division The sellers of this three-bedroom house moved out to allow for a quick makeover

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Burnaby pushes forward with ambitious rental housing goals

(1 days ago) The 7.9-acre site in Burnaby's Brentwood town centre includes about 2,000 market rate rental units and 450 below-market units, as well as 900 condo units and a new $140-million community centre.

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Worn house with no parking, unfinished basement still

(9 days ago) We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today. Follow us on Twitter:

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Toronto vows crackdown coming on Airbnb scofflaws

(2 days ago) Toronto vows crackdown coming on Airbnb scofflaws. Shane Dingman Real Estate Reporter. Toronto. Published March 16, 2022 Updated March 17, 2022. This content is available to globeandmail.com

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Opinion: On finding surprisingly good financial advice on

(Just Now) Real estate agents and mutual fund advisers are particular targets of vitriol on Personal Finance Canada, Mr. Au says. “It’s almost irrational. They have this view that those professionals are

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Buyer cuts a deal on large midtown condo

(1 days ago) Royal LePage Real Estate Services Ltd. This 1,241-square-foot unit was stripped to the studs in 2013 and entirely redone, with pot lights and hardwood floors in the den and primary bedroom, as

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Real estate sleuthing turns up a Riverdale home

(8 days ago) The Toronto area is full of motivated real estate buyers. The challenge for one couple was to find a way to outrun them. Shane Little, a real estate agent with Re/Max Hallmark Richards Group

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Globe Climate: What to watch for in Ottawa’s 2022 budget

(2 days ago) Currently, a suite of electric, hydrogen and longer-range plug-in vehicles are eligible for up to $5,000 in “incentives” from the federal government. Automakers say that incentive needs to

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Ajax townhouse a hot commodity for 23 bidding parties

(4 days ago) Harvey Kalles Real Estate Ltd. Agent Ira Jelinek followed a tried-and-true method of attracting multiple buyers when he posted this condominium townhouse in Ajax, about 50 kilometres east of

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Census data fuels debate over housing supply and demand

(8 days ago) Meanwhile, it was a record year for real estate. The benchmark price for all residential properties was up across the region by 17.3 per cent over the year before, according to the Real Estate

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Vancouver families opt for a communal home

(5 days ago) We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up …

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With six bids tabled, Port Moody condo goes to Island

(6 days ago) Stillhavn Real Estate Services. This two-bedroom, two-bathroom condo with mountain and ocean views was built in 2008. It is located in Port Moody’s Sutterbrook Village, within walking distance

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In Toronto, February market starts to loosen up

(7 days ago) In the opening weeks of 2022, emotion in the Toronto-area real estate market seemed to verge on hysteria. Mid-way through February, that feeling is beginning to dissipate.

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GM says Canada’s first full-scale electric vehicle plant

(7 days ago) General Motors Co. says it is on track to transform one of its Southwestern Ontario factories into Canada’s first full-scale electric …

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Class-action suit looms as Dye & Durham fee hikes anger

(1 days ago) Real estate lawyers met with a litigation firm on Tuesday to explore a potential class-action lawsuit against Dye & Durham Ltd. DND-T in response to the legal software provider announcing price

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