7/18/2024 | Posted in Ontario Real Estate by Eileen Farrow
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New condominium sales plummeted to a 27-year-low during the first six months of 2024 as a “sharp downturn in construction starts” in Toronto continued to impact ... More

Toronto new condo sales plummeted to lowest level since 1997 in first half of year: report

  2/22/2024 | Posted in Ontario Real Estate by Eileen Farrow
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Discrepancy debunks notion that construction industry is 'sitting on supply,' say developers

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Ontario housing supply overstated by almost 1 million, land development study reveals

  7/1/2023 | Posted in Ontario Real Estate by Eileen Farrow
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Province holding rent increase guideline at 2.5 per cent in 2024

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Ontario Capping Rent Increases Below the Rate of Inflation

  4/3/2020 | Posted in Ontario Real Estate by Eileen Farrow
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Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province.

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No new residential construction in Ontario after April 4

  3/14/2020 | Posted in Ontario Real Estate by Eileen Farrow
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Condo developers in Ontario looking to sell units to millennials and first-time home buyers could be barking up the wrong tree, according to a new survey from OREA.

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Ontario's first-time buyers prefer detached homes and townhouses over condos

  11/3/2019 | Posted in Ontario Real Estate by Eileen Farrow
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Ontario home warranty provider will require greater disclosure and information sheets.

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Tarion adds new protection for condo buyers

  8/19/2019 | Posted in Ontario Real Estate by Eileen Farrow
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Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing ... More

GTA largely responsible for house flipping in the Waterloo region

  6/7/2019 | Posted in Ontario Real Estate by Eileen Farrow
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The Ontario government has passed legislation which aims to tackle the province’s housing crisis.

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Ontario passes legislation to cut red tape, ease housing crisis

  4/8/2019 | Posted in Ontario Real Estate by Eileen Farrow
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Industry association also wants its regulator to have more power to 'kick out' unethical agents

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Ontario Realtors advise Ford government to end 'bully' offers

  2/22/2019 | Posted in Ontario Real Estate by Eileen Farrow
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Ontario was the epicentre of Canadian home price growth in the past 5 years, according to a new analysis.

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Ontario accounts for much of Canada's home price growth

  2/5/2019 | Posted in Ontario Real Estate by Eileen Farrow
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Right now, buyers often blindly offer more than what they had wanted to spend in hopes of beating their competitor.

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Ontario may let realtors tell homebuyers the price of other bids

  1/10/2019 | Posted in Ontario Real Estate by Eileen Farrow
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Sales of new homes should be positive in 2019 despite the challenges of affordability and interest rates.

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GGH region forecast to lead growth in new home sales

  12/7/2018 | Posted in Ontario Real Estate by Eileen Farrow
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Stricter mortgage qualification rules pushed buyers to the sidelines, as year-over-year double-digit sales decreases became the norm.

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What Does 2019 Have In Store For The Canadian Real Estate Market?

  11/20/2018 | Posted in Ontario Real Estate by Eileen Farrow
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Starting immediately, rent control rules will no longer apply to buildings and flats being rented for the first time, the Progressive Conservative government announced ... More

Ontario scraps rent control for new units

  10/12/2018 | Posted in Ontario Real Estate by Eileen Farrow
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The Ontario Real Estate Association is making more than three dozen recommendations to the provincial government on how it should update the rules governing realtors, including ... More

OREA asks Ontario to allow open bidding process, revamp realtor rules

  9/21/2018 | Posted in Ontario Real Estate by Eileen Farrow
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The Ontario Government is planning to repeal legislation that would require home sellers to obtain a home energy audit before the sale.

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OREA welcomes planned repeal of Green Energy Act

  9/19/2018 | Posted in Ontario Real Estate by Eileen Farrow
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Condominium lawyers are waiting to see how the jurisdiction of the online Condominium Authority Tribunal expands, while mediators say online dispute resolution will become more ... More

Online tribunal underway to help with condo disputes

  8/10/2018 | Posted in Ontario Real Estate by Eileen Farrow
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Unaffordability isn’t expected to abate in the Greater Toronto Area any time soon, but as more and more people are discovering, there are cheaper places to live slightly ... More

GTA's loss is this region's gain

  8/8/2018 | Posted in Ontario Real Estate by Eileen Farrow
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Parents re-entering the market after their children stayed home longer than normal, survey says.

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Ontario baby boomers are planning to downsize or move out of big cities

  7/25/2018 | Posted in Ontario Real Estate by Eileen Farrow
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While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ... More

Non-Toronto markets in Ontario see accelerated home price growth

  6/14/2018 | Posted in Ontario Real Estate by Eileen Farrow
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Current price correction in Ontario housing market does not resemble historical price bust periods according to the latest report from Canada Mortgage and Housing ... More

Low likelihood of a serious price correction in Ontario: CMHC

  4/26/2018 | Posted in Ontario Real Estate by Eileen Farrow
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The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles ... More

Ontario's curb on foreign buyers appears to have worked

  4/23/2018 | Posted in Ontario Real Estate by Eileen Farrow
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Condo dwellers in Ontario will soon have an easier time charging their electric vehicles at home, part of a province-wide plan to reduce emissions and fight ... More

Province to lift electric vehicle roadblocks for condo owners

  3/13/2018 | Posted in Ontario Real Estate by Eileen Farrow
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There has been a sharp drop in sales of luxury properties in the Toronto area, but real estate agents are optimistic of improvement. This is according to a report released ... More

Luxury home sales in the GTA, Oakville and Hamilton-Burlington to return to more normal levels of activity in 2018

  3/12/2018 | Posted in Ontario Real Estate by Eileen Farrow
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A new report ranked Ontario’s largest metropolitan areas by real estate market performance and suitability for investment over the next 5 years.

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Ontario's best investment hubs this year

  12/8/2017 | Posted in Ontario Real Estate by Eileen Farrow
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With reduced buying power, house hunters will scoop these properties up

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In 2018, these homes will sell the fastest

  11/8/2017 | Posted in Ontario Real Estate by Eileen Farrow
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Ontario's new condo tribunal is accessible but will only mediate and adjudicate one kind of dispute to begin.

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Condo disputes can now be resolved online

  11/8/2017 | Posted in Ontario Real Estate by Eileen Farrow
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Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More

Toronto-area new housing starts drop 42 per cent in October

  10/24/2017 | Posted in Ontario Real Estate by Eileen Farrow
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A renewed boost of consumer confidence will make itself apparent in the increased stability of Ontario’s residential real estate market, a few months after the ... More

Ontario stabilizing amid Fair Housing Plan, new mortgage rules - RBC

  9/29/2017 | Posted in Ontario Real Estate by Eileen Farrow
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In an announcement earlier this week, the government of Ontario stated that it has established a new team tasked with removing the multiple barriers to housing construction and ... More

Ontario to streamline housing development process
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