UrbanToronto has been keeping an eye on the ongoing construction at the The Residences at Central Park site in the Bayview Village area of North York. UrbanToronto recently spoke with Ashling Evans, General Manager of Development at Amexon Development Corporation, and toured the sales office for an in-person look at the amenities and in-suite offerings from II BY IV DESIGN. Indoor pool,…
While Canada may have a massive housing shortage, it suddenly does not have a shortage of ideas to solve our housing crisis. Watch: Click on video player above or on YouTube channel here Read full story below The latest is a report from the Task Force for Housing and Climate, which is made up of politicians, academics and private…
Most Ontarians don’t believe a long-term care bed should count as a home, according to new poll; Freeland says ‘housing, housing, housing’ across Canada on agenda with meetings with B.C. premier; and other news. Most Ontarians don’t believe a long-term care bed should count as a home: new poll (Global News) Freeland says ‘housing, housing, housing’ across Canada on agenda…
Last week the Bank of Canada held its policy rate steady at 5%. That decision was widely expected, but the Bank of Canada (BoC)’s continued use of hawkish language in its accompanying statement was not. The BoC will need to start cutting its policy rate soon if it still intends to skate where the puck is going. Our economy has…
I was having a conversation with a prospective seller on Sunday who was one of those “all real estate agents are the same” types. Sometimes, I feel like I would have to spend six hours with a person to properly, accurately, and fully convey my value to them. Other times, I could do it in six minutes. But then there…
It’s time for our March Toronto-Vancouver real estate roundtable with Urmi, Steve and John! This week, we talked about: Whether anticipated interest rate declines later this year will actually happen and how it will impact the real estate market Whether a slump in the construction sector on which the Canadian economy is so dependent may lead to a recession Assessing…
Was it Morgan Freeman? The voice. The one that you heard in your head. In lieu of Ken Burns or David Attenborough, I don’t know how you might narrate a voice in your head, but personally, Morgan Freeman is my go-to. Of course, the narration you hear in your head might differ depending on the subject matter, the scene, or the…
The housing market in Toronto has showing mixed trends depending on the type of home one is considering buying or selling. Low-rise houses around the $1M price range are seeing the most competition right now. The nicest and most renovated homes each week in this category are receiving multiple offers from buyers on their offer nights. Most sale prices are…
The February 2024 housing stats are out! TRREB Chief Market Analyst Jason Mercer said: “As we move through 2024, an increasing number of buyers will re-enter the market with adjusted housing preferences to account for higher borrowing costs. In the second half of the year, lower interest rates will further boost demand for ownership housing. First-time buying activity will…
In our latest monthly consumer Q&A, I respond to the detailed questions that real estate consumers across the GTA are asking now. This month, we hear from home seller who wonders about the pros and cons of using their neighbour as their real estate agent, an investor wonders just who is renting all those 1-bedroom condos downtown and a viewer…
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