The BC government recently passed its home flipping tax which was proposed earlier this year. Changes take effect on January 1, 2025. The tax, governed by the..
Year: 2024
New provincial framework aims to boost housing, but tweaks needed
An updated Provincial Planning Statement (PPS) going into effect in Ontario has many long-overdue and important revisions to help the province reach its goal of building 1.5..
Importance of a Long-Term Investment Strategy in Real Estate
During periods of real estate market challenges, many investors get anxious, but it’s important to maintain a long-term perspective. It’s easy to get swayed by ‘doom and..
The 9Hundred Signature Residences: New Luxury Development in Toronto’s West End
Toronto’s west end is changing, and The 9Hundred Signature Residences is a standout addition that promises to enhance the area’s urban landscape. Developed by Harhay Developments, this..
New Mortgage Insurance Reforms: Let’s Clear the Confusion
Starting December 15, 2024, the Canadian government is making big changes to mortgage rules. These changes are meant to help more people buy homes by giving them..
Toronto’s September Real Estate Market Overview: Sales, Inventory, and Rents
The Toronto real estate market continues to send mixed signals, with sales and inventory levels shifting in different directions. Sales Trends In August, seasonally adjusted home sales..
Addressing Challenges in Saskatchewan’s Housing and Rental Market: New Blueprint Released
Saskatchewan’s housing market is encountering unique challenges along with broader Canadian housing trends. As a result, key housing leaders, including the Saskatoon & Region Home Builders’ Association,..
The Hidden Costs and Construction Challenges Facing Canada’s Housing Market
Canada’s housing market continues to face challenges beyond high home prices and interest rates. For both real estate investors and developers, an environment where construction costs are..
Canada’s Housing Starts Update: September 2024
The housing market in Canada continues to show a mixture of growth and decline across various regions and housing types. Housing Starts Data for August 2024 As..
Summary of Bank of Canada Deliberations: Considerations Behind the September 4, 2024 Decision
The Bank of Canada (BOC) released the summary of the discussions the Governing Council had on the country’s economic situation before making its decision to lower the..