Real Estate Prices
Edmonton housing surplus, low prices to last into mid-2019: economist
By Albert Delitala Digital Journalist
An over-abundance of houses for sale in the Edmonton area could mean slower sales and lower prices until well into next year, an economist tells Global News. Continue reading
Canadian families choosing ‘small living’ over suburban sprawl amid rising housing prices
Skyrocketing real estate and rental markets across much of the country have some families choosing small spaces over suburban sprawl — and finding unexpected benefits. Continue reading
January real estate numbers in Hamilton, Burlington feel the chill
The local real estate market is continuing to cool off. The Realtors Association of Hamilton-Burlington says sales fell by 27 per cent in January compared to the same month a year ago. Continue reading
Toronto-area home prices up 24.5% in April compared to last year
The Toronto Real Estate Board says the average price in the area rose to $920,791. Continue reading
Ontario government says anti-sprawl restrictions not a factor in housing shortage
The Ontario government is dismissing suggestions that the province’s anti-sprawl policies are contributing to housing supply shortage and soaring home prices in the Greater Toronto and Hamilton Area. Continue reading
COMMENTARY: Taming soaring real estate market for 1st-time buyers misses the mark
The discourse surrounding the increasingly unsustainable housing prices has left out a very important and sizable demographic: those who have over-leveraged themselves to get into the market. Continue reading
Soaring house prices in Toronto ‘deeply troubling’ for homebuyers: mayor
Toronto Mayor John Tory says the rising housing prices are deeply troubling to a lot of people who are trying to buy homes in the city. Continue reading
Price of Toronto-area homes jump 33.2% in March compared to last year
Home prices in the GTA continued to climb last month, with the average price hitting $916,567, a 33.2 per cent leap from what it was a year ago, the Toronto Real Estate Board said Wednesday. Continue reading
Canadian home prices continue to climb in January, Toronto up .5% over December
Canadian home prices rose in January as values in the hot Toronto market climbed even further, while Vancouver prices picked up after three months of declines. Continue reading
Ontario real estate groups oppose taxing foreign buyers in Toronto
Two Ontario real estate associations have voiced opposition to following in Vancouver’s footsteps and implementing a tax on foreign homebuyers, saying that such a “knee-jerk reaction” could have negative implications for the economy. Continue reading