Real Estate News

1️⃣. Housing shortage worst in Ontario, Alberta, Manitoba: report 2️⃣. Canadian economy added 55,000 jobs in December, 2021 3️⃣. Zara founder, Ortega set to buy Toronto’s Royal Bank Plaza for $1.2 billion 4️⃣. GTA home prices still forecast to rise 11 per cent in 2022 even with expected interest rate hikes 5️⃣. The world's most powerful passports for 2022

1️⃣. Toronto’s #skyline could be totally transformed by 2030 as the population booms 2️⃣. New data shows Toronto #homeprices soared by almost 25% in 2021 3️⃣. New wave of COVID-19 forces Bank of #Canada to reassess interest rate decision 4️⃣. Annual surtax of 0.2% on $1M+ #homes could cool housing market: report 5️⃣. Canada’s #mmigration backlog over 1.8 million applications

1) Skyrocketing #realestate prices leaving some buyers struggling to find a home 2) #Toronto house sells in just one day after a buyer offers $560K over asking 3) Canadian home #prices expected to rise by 10.5 percent in 2022 4) #Canada breaks monthly record again by landing over 47,000 immigrants in November 5) Higher interest rates are coming. #Omicron is unlikely to change that

1) Canada opens door to immigrants, adding fuel to hot housing market 2) Bank of Canada to keep 2% inflation target in new mandate 3) Priced out: Young professionals making $60,000 — even $120,000 — say they can no longer afford Toronto 4) Toronto doesn't make the top 50 most expensive cities in the world but is rising quickly 5) Here's how much more Canadians can expect to pay for food

1) Statistics Canada says economy added 154K jobs in November 2) House prices in Canada will rise higher in 2022, real-estate report says 3) City of Toronto staff returning to the office on Jan. 4, civic centres to reopen 4) Toronto doesn't make the top 50 most expensive cities in the world but is rising quickly 5) Federal budget update coming Dec. 14 as inflation pressure rises

1) Rich parents are giving their kids $145K or more to get to Toronto Real Estate Market 2) Investors now make up more than 25% of Ontario homebuyers, pushing prices higher, experts warn 3) Huge new development in Mississauga will have the longest pier on Lake Ontario 4) Canada’s big banks are expected to raise dividends next week 5) Inflation is about to get way worse in 2022

1) Toronto home prices are up 33% and the Real Estate Market isn't cooling down 2) California firm wins right to build $250 million media production hub 3) Bank of Canada 'getting closer to raising rates, Macklem says 4) Sean Fraser prepared to increase Canada’s immigration levels 5) Government passes controversial rule forcing developers to build affordable homes

1) Wealthsimple's new hybrid office in downtown Toronto 2) Five Ontario cities with the lowest and highest property tax rates revealed 3) Toronto mansion that used to belong to Eaton Family sells for over $9 million 4) Apartments at malls are the next big thing in Toronto Real Estate 5) Toronto passes controversial rule forcing developers to build affordable homes

1) Canada added 31,000 jobs in October, pushing jobless rate down to 6.7% 2) Canada's first Porsche Experience Centre to open in 2024 3) Ontario minimum wage increasing to $15 per hour in January, sources say 4) Higher interest rates are coming. Are Canadian households ready? 5) October home sales down 7%, new listings fell by 34% from last year: Toronto board

1) Parents are giving their adult kids an average of $130K to help buy homes in Toronto 2) These Toronto homes are all listed for $600K, which one would you pick? 3) Bank of Canada signals that interest rate hikes may be coming sooner than expected 4) Limen Proposes Mixed-Use Development Near Future St Clair West GO 5) Here are Ontario's hottest cities for bidding wars right now

1) Toronto condo sales and prices are skyrocketing this year 2) Canada's inflation rate hits a fresh 18-year high 3) Investors with multiple homes are dominating the Toronto Real Estate Market 4) Tiny Town in Northern Ontario selling plots of land for 90% off to attract new residents 5) Toronto’s Construction Industry Grapples with Crippling Labour Shortage

1) A 'Critical Juncture' For Toronto + A Red Hot September 2) Secluded Toronto chalet just sold for $650,000 more than it did last year 3) Green shoots are sprouting after downtown Toronto's crippling pandemic winter 4) Canadian home prices have jumped 21.4 percent since last year, survey finds 5) Toronto real estate demand on the rise again after months of declining sales