Real Estate News, Articles, Reports, Analysys & Trends

1/19/2022 | Posted in Ontario News by Jason Codell
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Business-owner clients forced to close or reduce capacity can now apply for financial relief ... More

Ontario's new COVID rebate program now open

1/17/2022 | Posted in Canadian Housing Market by Jason Codell
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Latest statistics released by the Canadian Real Estate Association (CREA) show national home sales remained historically high in December 2021, as the end-of-month supply of ... More

Canadian home buyers face record listings shortage to begin 2022

1/18/2022 | Posted in Canadian Housing Market by Jason Codell
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Canada housing starts fall 22% in ... More

Canadian housing starts trend lower in December

1/18/2022 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada has some difficult realities to weigh ahead of its Jan. 26 interest rate decision. ... More

BoC 'facing major dilemma' on rate hike timeline: CIBC's Tal

1/17/2022 | Posted in Ontario Real Estate by Jason Codell
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Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 12,989 units in December 2021. This was down sharply by 12.1% from ... More

Ontario MLS home sales set new all-time high in 2021

1/17/2022 | Posted in GTA Real Estate by Jason Codell
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The average cost of real estate soared in Brampton and Mississauga in 2021, making increases in Canada’s biggest city right next door look like relatively small change. ... More

Real estate price growth in Mississauga and Brampton blew Toronto out of the water in 2021

1/14/2022 | Posted in Ontario Real Estate by Jason Codell
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Ontario would need to build 650,000 more homes just to get to the national average. ... More

Ontario housing shortage is worst in the country and threatens to exacerbate affordability woes

1/13/2022 | Posted in Canadian Housing Market by Jason Codell
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Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties ... More

CMHC to review down payments on investment properties as part of federal strategy to tackle housing risks

1/14/2022 | Posted in Canadian Housing Market by Jason Codell
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The aggregate price of a home in Canada increased 17.1 per cent year-over-year to $779,000 in the fourth quarter of 2021 according to a new report.  ... More

Spring housing market poised for continued price growth following double-digit gains in fourth quarter

1/13/2022 | Posted in Canadian Housing Market by Jason Codell
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Investors accounted for nearly 20 per cent of home purchases dating back to 2014, a figure that has rapidly outpaced other types of buyers during the COVID-19 pandemic. ... More

Investors account for 19% of homebuyers: Bank of Canada

1/13/2022 | Posted in Toronto Living by Jason Codell
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Torontonians could see a significant property tax hike for the first time in years. ... More

Torontonians could pay average of $141 more on their property tax bill this year

1/13/2022 | Posted in Canadian Housing Market by Jason Codell
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A new report from Scotiabank has found that Ontario, Alberta and Manitoba are the provinces facing the biggest shortages of housing in Canada. ... More

Housing shortage worst in Ontario, Alberta, Manitoba: report

1/12/2022 | Posted in Interest Rates by Jason Codell
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Economists at J.P. Morgan expect the Bank of Canada will raise its benchmark interest rate at its Jan. 26 meeting, ahead of the central bank’s own timeline for liftoff. ... More

Bank of Canada will hike rates this month: J.P. Morgan

1/12/2022 | Posted in Luxury Real Estate by Jason Codell
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A new report says the country's biggest markets broke records in 2021, led by the Greater Toronto Area. ... More

Canadian luxury real estate shatters records in 2021: Sotheby's

1/12/2022 | Posted in Interest Rates by Jason Codell
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Bank of Canada needs to take “rapid action” with multiple interest rate increases to bring inflation under control. ... More

RBC calls for

1/11/2022 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Robust jobs market recovery in December might sufficiently motivate the Bank of Canada to implement rate hikes sooner. ... More

What might compel the Bank of Canada to hike rates sooner?

1/1/2022 | Posted in GTA Real Estate by Jason Codell
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How will the GTA real estate market perform in the coming months and years? ... More

GTA real estate market forecast for 2022 and beyond

1/6/2022 | Posted in GTA Real Estate by Jason Codell
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A record 121,712 sales were reported through TRREB’s MLS® System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to ... More

Record GTA Home Sales and Average Price In 2021

1/5/2022 | Posted in Commercial Real Estate by Jason Codell
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Development land is getting harder and harder to find in the Greater Toronto Area (GTA) and investors are willing to pay a premium for it, especially if the property has already ... More

GTA development land getting more scarce, more costly

12/28/2021 | Posted in Commercial Real Estate by Jason Codell
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The recently released Morguard Corporation 2022 Canadian Economic Outlook and Market Fundamentals Report forecasts recovery and growth for Canada’s commercial real estate ... More

Morguard outlook forecasts growth for commercial real estate sector in 2022

1/3/2022 | Posted in Toronto Real Estate by Jason Codell
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Skyrocketing home prices in Toronto have been making headlines for years, but we are now firmly established as one of the most overvalued housing markets globally, a grim ... More

Toronto home prices climbed by almost 500 per cent in the last two decades

1/3/2022 | Posted in Ontario Real Estate by Jason Codell
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If you are a landlord or renting in Ontario, click for more info on the rent increase guideline for 2022. ... More

Residential rent increases in Ontario 2022

1/1/2022 | Posted in Canadian Housing Market by Jason Codell
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The Omicron variant of COVID-19 will likely act as a stimulant to Canada’s residential real estate market in 2022. ... More

'COVID catalyst' to keep driving housing market: Soper

12/30/2021 | Posted in Condos For Sale by Jason Codell
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Useful information for those thinking of buying a new home or condominium in Ontario for the first time. ... More

Buying a condo? Do your homework

12/30/2021 | Posted in Mortgages and Real Estate by Jason Codell
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For the second straight year—and in the face of an ongoing pandemic—the Canadian real estate market has continued to defy gravity. ... More

2022 Housing and Interest Rate Forecasts

12/29/2021 | Posted in Mortgages and Real Estate by Jason Codell
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By all accounts the Bank of Canada is set to make money more expensive in 2022 ... More

New year, crucial decision as interest rates will likely increase

12/29/2021 | Posted in Ontario News by Jason Codell
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A number of changes to laws and regulations will come into effect in Ontario next year. ... More

These are the big changes and new laws coming to Ontario in 2022

12/24/2021 | Posted in Commercial Real Estate by Jason Codell
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The off-market transaction involves three parcels at 101/189/205 Doney Crescent. It’s situated along Highway 407 near Keele Street, bordering the CN MacMillan railyard, and ... More

Northbridge buys 'extremely rare' 30-acre Vaughan industrial site

12/23/2021 | Posted in Ontario News by Jason Codell
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Ontario will cover up to 50 per cent of the property taxes and energy costs of eligible businesses while they're affected by public health restrictions. ... More

​Ontario launching property tax and energy bill rebate for businesses

12/22/2021 | Posted in Canada Living by Jason Codell
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Municipalities should rezone broadly to allow more density and Canada should temporarily ban foreign buyers to help alleviate the housing affordability crunch faced by residents, ... More

Canada should temporarily ban foreign home buyers, rezone cities - housing minister

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