Real Estate
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4 tips to help you achieve your 2019 reno resolution

Posted on 03 January 2019

(NC) The new year brings new wants and needs for the home, and that reno you’ve been holding off on is now at the top of your mind. Whether it’s a simple room makeover or big-time overhaul, it’s important to start with a plan. An electrical misstep, in planning or executing, could turn your project into a nightmare. Here, the Electrical Safety Authority shares four tips to help ...

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Easy DIY projects for a healthier home

Posted on 03 January 2019

(NC) Even in the winter, there are plenty of home improvement tasks you can do to give your home a boost. Try these quick and easy projects that will lead to a healthier indoor environment for you and your family. Replace your filters. This is an easy and inexpensive way to make your home run more smoothly, efficiently and safely. Breathe cleaner air by changing your he ...

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Toronto real estate is vulnerable to money laundering

Posted on 22 December 2018

Toronto’s booming real estate market is vulnerable to money laundering because real estate agents aren’t notifying authorities of suspicious property transactions, leading the national anti-money laundering agency, FINTRAC, to step up its audits of the industry. Real estate agents are required by federal law to file “suspicious transaction reports.” From 2013 to 2017, there we ...

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Annual pace of housing starts picked up in October, topping economists' expectations

Posted on 22 December 2018

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in October increased compared with September. The housing agency says the seasonally adjusted annual rate of housing starts last month came in at 205,925 units, up from 189,730 in September. Economists had expected an annual rate of 200,000, according to Thomson Reuters Eikon. The increase came as ...

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Does rent control stifle construction? Until there's more data, the jury's still out

Posted on 22 December 2018

Ontario has done yet another somersault on rent control regulations. Premier Doug Ford’s government recently reversed the stringent rent control regulations that were enforced last year by the Liberals. Under the revised regulations, new or previously unoccupied rental units will no longer be subject to rent control. Existing tenants in purpose-built or private rentals will conti ...

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US home construction rose last month, led by apartments

Posted on 22 December 2018

WASHINGTON — U.S. developers broke ground on more homes last month, but the increase occurred entirely in apartments. The construction of new single-family houses fell. The Commerce Department said Tuesday that housing starts rose 3.2 per cent in November from the previous month to a seasonally adjusted annual rate 1.26 million. Despite the increase, that is down 3.6 per cent from a ...

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giải thích tỷ lệ cá cược bóng đáToronto new home prices see biggest 12-month drop in more than two decades

Posted on 22 December 2018

Toronto new home prices fell at the fastest pace in more than two decades in October, further evidence that tighter mortgage lending has slowed a boom in Canada’s biggest city. Statistics Canada’s price index for new Toronto homes fell 1.4 per cent in October from a year earlier, the most since September 1996. Across the country, the price increase of 0.1 per cent was the slowest ...

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Over 82% of Toronto’s Household Debt Is Tied To Residential Real Estate

Posted on 19 December 2018

Toronto real estate pushed to new highs, bringing the city’s debt level with it. Breaking down the Canada Mortgage and Housing Corporation (CMHC) numbers from yesterday, we can see where Toronto spends its cash. In Q2 2018, over 80% of Toronto Census Metropolitan Area (CMA) debt was tied directly to the value of real estate. The high level of debt, and attachment to real estate, makes To ...

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Canadian Real Estate Sales Drop Over 12%, Vancouver’s Decline Is Almost 3x Larger

Posted on 19 December 2018

Canadian real estate sales are still dropping. Canadian Real Estate Association (CREA) numbers show home sales falling in November. Last month, only three major real estate markets saw increase on a year over year basis. The rest saw declines, especially in major markets like Vancouver – which led the way lower. Canadian Real Estate Sales Drop Over 12% Canadian real es ...

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Toronto condo party to sober up in 2019, developers say, but don't expect prices to go down

Posted on 19 December 2018

After a three-year non-stop party, Toronto’s condo market is likely to settle down in 2019, some of the city’s biggest developers say. “I can’t, for a minute, imagine that we’re going to continue to see the increases that we’ve experienced,” said Jim Ritchie, executive vice president of sales and marketing at Tridel. “Do I think there’s still room for growth? Yes, but not what w ...