Tag: Economics

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What Should We Expect of Housing Market in 2023What Should We Expect of Housing Market in 2023

January 5, 2023 | armanemail | 0 Comment | 6:53 pm

After a big correction in 2022, real estate experts wonder how much further home prices will fall. According to CBC News, the price of buying a home in Ontario dropped

Ontario Communities That Are Expected to See The Biggest Home Price DeclinesMarch 7, 2023
Source: cp24.com While Toronto has seen a significant dip in home prices as borrowing costs have gone up over the past year, other places in Ontario are seeing… Read more: Ontario Communities That Are Expected to See The Biggest Home Price Declines
Here’s where average home prices have dropped the most in CanadaFebruary 28, 2023
Source:ctvnews.ca The average price of a home in Canada fell to $612,204 in January, based on data released by the Canadian Real Estate Association (CREA) on Wednesday. This represents… Read more: Here’s where average home prices have dropped the most in Canada
Ontario faces a generational labor shortage amid needs 1.5 million new homes.February 21, 2023
Source: CBCNews If you ask anyone in Ontario’s construction industry, they’ll tell you they have a big problem: too much work and not enough workers. Ontario’s government wants to… Read more: Ontario faces a generational labor shortage amid needs 1.5 million new homes.
Municipalities of Ontario Focuses on Housing and HomelessnessFebruary 15, 2023
newswire.ca TORONTO, Feb. 13, 2023 /CNW/ – Increasing the supply of housing and tackling the homelessness crisis in Ontario, brought on by decades of failed provincial social and economic policies, are… Read more: Municipalities of Ontario Focuses on Housing and Homelessness
Increased Down Payment Will Be A Right Solution?January 31, 2023
Source:cp24.com A new analysis by realtor firm Re/Max says the Toronto real estate market may be better positioned than previously thought to weather the financial downturn expected this… Read more: Increased Down Payment Will Be A Right Solution?
How organized crime has mortgaged or sold at least 30 GTA homes without owners’ knowledgeJanuary 25, 2023
Source: cbc.ca A year ago, Melissa Walsh says police assured her family it only happened to them. Fraudsters nearly sold her great uncle’s east end Toronto home without… Read more: How organized crime has mortgaged or sold at least 30 GTA homes without owners’ knowledge
Which city could have the strongest housing market in Canada?January 17, 2023
Source:financialpost “Alberta is calling,” says the campaign launched by former premier Jason Kenney in August to attract young and skilled workers from other parts of the country to the western… Read more: Which city could have the strongest housing market in Canada?
Another price drop: Property tax hikes loom in wake of provincial housing rule changes, GTA municipalities warnJanuary 10, 2023
CBC News New cuts to the fees that local councils can levy against home builders could have a major impact on property taxes in parts of the GTA,… Read more: Another price drop: Property tax hikes loom in wake of provincial housing rule changes, GTA municipalities warn
What Should We Expect of Housing Market in 2023January 5, 2023
After a big correction in 2022, real estate experts wonder how much further home prices will fall. According to CBC News, the price of buying a home in… Read more: What Should We Expect of Housing Market in 2023
BRAUN: Pace of real estate decline finally slowingNovember 29, 2022
Prices will likely still fall in Toronto, but the decline has begun to slow and expectations are that prices will bottom in the spring. Some areas in the… Read more: BRAUN: Pace of real estate decline finally slowing