Real Estate News

1) Canada’s housing market is the most undersupplied in the G7: Scotiabank 2) Toronto is now the fastest-growing financial centre in North America 3) The global chip shortage is starting to have major real-world consequences 4) The pandemic has turned cottage hunting into a blood sport as Torontonians duke it out for a little piece of lake 5) Ontario reveals three-step reopening plan, starting with outdoor activities, to ease pandemic restrictions

1) What is inflation and when you should really start worrying about it 2) Toronto Market Report: 73% of Homes Sell Over Asking - But Signs of Cooling in April 3) The U.S. housing market is hot — but Canada's is even hotter 4) Ontario extends stay-at-home order for an additional two weeks 5) Toronto cancels CNE, other major events for 2nd straight summer over COVID-19

1) Steel prices have tripled. Now Bank of America is sounding the alarm 2) Warren Buffett says inflation is coming. Here are the best ways to trade it 3) Toronto Condo Prices Rise 3x Detached Homes 4) Pre-sale condos in Toronto are heating up and they sell for way more than resale units 5) Etobicoke residents are hot and cold on a massive redevelopment

1) Netflix picks Toronto for its new Canadian corporate office 2) $716K is the average house price in Canada! 3) Prices for Cottage Properties in Canadian Real Estate Market Soar 4) The most expensive house in Toronto right now is, surprise, a mansion sitting in the bougie lanes of Bridle Path 5) Etobicoke residents are hot and cold on massive redevelopment

1) Rent prices are starting to go up in Toronto again after more than a year of declines 2) Baby Boomers are bailing out Toronto's condo market with huge gifts for their kids 3) These Are the 15 Most Expensive Neighbourhoods in Toronto 4) Peel, Toronto could begin workplace closures today to control COVID-19 outbreaks 5) Toronto administers over 1 million COVID19 vaccine doses

1) Rent prices are starting to go up in Toronto again after more than a year of declines 2) Condo construction hammered by rapid rise in costs 3) This Etobicoke house sold for $501,000 over asking in just four days (PHOTOS) 4) Canada's recovery kicks into higher gear, add 303,000 jobs 5) Canadian home sales, prices surge to a new record in March

1) 'If you think Toronto is unaffordable now, you wait': CIBC's Benjamin Tal on GTA housing 2) Where in Canada are house prices increasing the most? Maybe not where you think 3) Toronto home sales double in March, the average price hits $1.1M 4) Bank watchdog proposes stiffer mortgage rules amid the hot housing market 5) The Canadian economy added 303,000 jobs in March

1) Presale Condos Ready for Possession in 2020 Have Already Seen 40% Market Appreciation 2) Ontario to enter four-week, provincewide COVID-19 shutdown on Saturday 3) Canada's environmental workforce adds 34,600 jobs during a pandemic: report 4) Breathtaking new condo and office tower proposed for the Toronto Islands 5) Ontario set to receive 2.4 million doses of COVID-19 vaccine in early 2021

1) Four trends that will shape Canadian real estate in 2021 2) Ontario extends all emergency orders under the Reopening Ontario Act until April 20 3) Toronto hotel made infamous by Rob Ford is being demolished 4) Canada confirms delayed Moderna COVID-19 vaccine doses will arrive next week 5) Scarborough is the last frontier for affordable Toronto real estate

1)This Toronto bungalow just sold for $461,000 over asking. Here's why it isn't surprising to one real estate agent 2) A striking new 66-storey tower unlike anything Toronto has seen before is set to rise at a landmark location in the city's downtown 3) The average price of a home in Canada could rise over 16% in 2021 4) Ontario government scales back plans for Yonge Line 5) Ontario overnight camps prepare in hopes of reopening this summer

1) Canada adds 259,000 jobs in February, unemployment at lowest rate since March 2020 2) Waterfront Toronto Launches International Competition for Quayside Development Partner 3) 10 one-bedroom condos in Downtown for less than $500k 4) The massive redevelopment of the landmark Mr. Christie 5) CIBC’s Uninsured Mortgage Delinquency Rate Is Flat, But Toronto Is An Exception

1) Toronto neighbourhoods that have seen the biggest rent declines 2) Dilapidated garage hits the Toronto housing market for $729,000 3) Average GTA home prices surpass $1 million for the first time 4) Twitter to launch new engineering hub in Toronto 5) All retail stores can reopen to customers in Toronto, Peel Region next week as regions enter grey zone