10 results for tag "condonews"
August 15, 2024What's next for Toronto's Preconstruction Market? Remax CEO Breaks it Down
Demand for detached homes in prime Toronto locations remains strong, with multiple offers on fairly priced properties, though these rarely exceed the listing price.
July 30, 2024The Future of Social Housing: Low-Rise, High-Density Developments in Toronto
Low-rise condos are typically one to nine stories high and offer more units per floor when contrasted with high-rises.
July 26, 2024Bank of Canada Cuts Interest Rates: A Boost for Home Buyers and the Pre-Construction Market
Bank of Canada lowers key interest rate to 4.5%, delivering back-to-back cuts
July 12, 2024Toronto Condo Sales are Tanking — But Asking Prices Aren’t Budging. Here’s Why
Condo sales in June fell 29 per cent year-over-year according to the Toronto Regional Real Estate Board (TRREB).
July 2, 2024Developers Offer Unprecedented Incentives to Boost Ontario's Housing Market
Developers in Ontario are offering unprecedented incentives like extended deposit structures and free amenities to boost home sales and manage high inventory levels in 2024.
June 21, 2024Rate Cut Had Almost No Effect on Toronto. Housing Market, Agents Say. Here’s What It Would Take to Get It Moving Again
The recent 0.25 percentage point rate cut by the Bank of Canada had little effect on the Toronto housing market. Experts now look to further rate cuts, improved economic stability, and government incentives to revive buyer interest.
June 18, 2024Canada’s Average Home Price Fell Last Month — With Insiders Watching for a Shift Following Bank of Canada Rate Cut
Canada's home prices fell in May. Insiders watch for changes following a Bank of Canada rate cut, suggesting now might be an ideal time to invest in preconstruction projects.
June 11, 2024Bank of Canada’s Rate Cut Could Spur Housing Demand as Toronto Home Sales Fall in May
The Bank of Canada’s recent rate cut could spark a housing market rebound in Toronto, where May home sales fell 21.7% year-over-year.
June 4, 2024Canada's Residential Mortgage Debt Climbs to $2.16 Trillion as Growth Slows to 23-Year Low: CMHC
Canada's residential mortgage debt hit $2.16 trillion in February 2024, with the slowest growth in 23 years at 3.4%, due to high mortgage costs and interest rate uncertainty.
May 30, 2024Ontario Boosts Protections for Homeowners and Homebuyers with New Legislation
Ontario's new legislation, the Homeowner Protection Act, 2024, enhances protections against fraud, introduces a 10-day cooling-off period for new homebuyers, and boosts condo community safeguards.
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March 13, 20235 Preoncstruction Projects Launching by the end of March
January 26, 2023Incredible Discount in North Oakville. Get $300K off Townhouses.
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