Canadian Real Estate News

Toronto’s Real Estate Board Tells Brokers Stop Showing More Than 2 Years of Sold Data

<![CDATA[Toronto’s golden age of real estate brokerage innovation is coming to an abrupt end. Toronto Regional Real Estate Board (TRREB) sent a memo this week, on sold data. The board informed brokers they will only be allowed to show two years of data going forward. TRREB Ordered To Allow Brokerages To Show Sold Data The […] The post <a rel="nofollow" href="https://betterdwelling.com/torontos-real-estate-board-tells-brokers-stop-showing-more-than-2-years-of-sold-data/">Toronto’s Real Estate Board Tells Brokers Stop Showing More Than 2 Years of Sold Data</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Toronto and Vancouver Permanent Resident Declines Get Larger

<![CDATA[Permanent resident growth, previously a large driver of real estate demand, is still largely absent these days. Government of Canada (GoC) data shows permanent resident arrivals are still down sharply in Q3 2020. Toronto and Vancouver are seeing declines get even larger, from previously big drops. Montreal is seeing some improvements, but it’s mostly due […] The post <a rel="nofollow" href="https://betterdwelling.com/toronto-and-vancouver-permanent-resident-declines-get-larger/">Toronto and Vancouver Permanent Resident Declines Get Larger</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Vancouver To Triple Empty Home Tax To 3% In 2021

<![CDATA[Vancouver is doubling down on the success of its vacant home tax…well, tripling down, technically. The Vancouver Empty Homes Tax (EHT) will be tripled from its original rate for the 2021 assessment year. The tax, which places a penalty on underused homes, was put in place to help encourage more efficient use. Vancouver Empty Homes […] The post <a rel="nofollow" href="https://betterdwelling.com/city/vancouver/vancouver-to-triple-empty-home-tax-to-3-in-2021/">Vancouver To Triple Empty Home Tax To 3% In 2021</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Toronto Condo Prices Down Over $20k From Peak, As Inventory Doubles

<![CDATA[Greater Toronto real estate is on fire… just not condo apartments, which is seeing a lot of sellers. Toronto Regional Real Estate Board (TRREB) data shows condo apartment prices slid for a fifth month in October. Condo sales are fairly in line with last year’s numbers, except in the city. However, inventory has more than […] The post <a rel="nofollow" href="https://betterdwelling.com/city/toronto/toronto-condo-prices-down-over-20k-from-peak-as-inventory-doubles/">Toronto Condo Prices Down Over $20k From Peak, As Inventory Doubles</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Toronto Is The Second Coldest Market In Canada, As The Country Goes House Horny

<![CDATA[Canada’s overheated real estate markets are showing some signs of cooling, but it’s still very tight. Canadian Real Estate Association (CREA) data shows the seasonally adjusted sales to new listings ratio fell in October. The ratio, which shows how much demand exists relative to new inventory, has been unusually high during the pandemic. However, it’s […] The post <a rel="nofollow" href="https://betterdwelling.com/toronto-is-the-second-coldest-market-in-canada-as-the-country-goes-house-horny/">Toronto Is The Second Coldest Market In Canada, As The Country Goes House Horny</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Business Closures Up Over 37% This Year, But Some Are Re-opening

<![CDATA[The pandemic is taking its toll on businesses, but to what extent is still pretty much a mystery. Statistics Canada (Stat Can) data recently released, shows monthly store closures made a sharp decline in July. Store closures in this case are defined as businesses that had employment the previous month, but didn’t in the reported […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-business-closures-up-over-37-this-year-but-some-are-re-opening/">Canadian Business Closures Up Over 37% This Year, But Some Are Re-opening</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada’s Money Supply Is Growing At The Fastest Rate In Over 30 Years

<![CDATA[Canada’s narrow money supply is pointing to a big return to production and consumer spending. Bank of Canada (BoC) data shows the M1+ gross money supply reached a new all-time high in September. The measure of money supply has experienced the highest rate of growth seen in decades… in the middle of a recession… during […] The post <a rel="nofollow" href="https://betterdwelling.com/canadas-money-supply-is-growing-at-the-fastest-rate-in-over-30-years/">Canada’s Money Supply Is Growing At The Fastest Rate In Over 30 Years</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Real Estate Prices Surge In Growth… Except For Condos

<![CDATA[Canadian real estate saw prices surge across the country, but not in all segments. Canadian Real Estate Association (CREA) data show the national index saw price growth speed up in October. A breakdown of the index reveals a different picture though. Since the beginning of the pandemic, single-family home prices experienced a price surge. Meanwhile, […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-real-estate-prices-surge-in-growth-except-for-condos/">Canadian Real Estate Prices Surge In Growth… Except For Condos</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

This Week’s Top Stories: Canadian Real Estate Prices Forecasted To Fall Next Year, and Debt Problems To Get Worse

<![CDATA[Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices To Fall Up To 26%, Bay Street Firm Warns Institutions A Bay Street firm is warning institutional clients of falling real estate prices. The firm’s latest model suggests prices may fall up to 11% at the national […] The post <a rel="nofollow" href="https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-prices-forecasted-to-fall-next-year-and-debt-problems-to-get-worse/">This Week’s Top Stories: Canadian Real Estate Prices Forecasted To Fall Next Year, and Debt Problems To Get Worse</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Real Estate Prices To Fall Up To 26%, Bay Street Firm Warns Institutions

<![CDATA[Canadian real estate prices may take a big tumble, Bay Street researchers warn. Veritas Investment Research, a prominent Canadian firm, sent institutional clients a real estate forecast. The firm warned real estate price declines are unlikely, except in the event of supply shock. They now believe supply shock may arrive soon, and can send prices […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-real-estate-prices-to-fall-up-to-26-bay-street-firm-warns-institutions/">Canadian Real Estate Prices To Fall Up To 26%, Bay Street Firm Warns Institutions</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Real Estate News - Canada