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Canadian rental supply can’t keep up with demand, leads to surging prices and low availability
Rental housing supply across the nation surged in 2022 but demand outpaced growth – leading to skyrocketing prices, record-low vacancy rates and less mobility.
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Zonda Urban estimates at least 25,000 new condo units for the GTHA in 2023
As rental market conditions in the area remain tight, supply will be at the forefront of consumers’ minds in the coming year. Zonda Urban estimates that at least 25,000 new condominium apartment units will hit the market in 2023.
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CREA: Expect a market turnaround in 2023
The CREA is predicting good news for the market in the coming year – while it's not a full recovery, it's the start of a long-awaited turnaround.
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Artisan Towns in Mississauga mix city comforts, peaceful nature
Artisan Towns are bordered by woodlands and the Credit River while being located conveniently near the amenities of Streetsville. Artisan Town residents can spend the mornings walking along the scenic Culham Trail, and then head into Streetsville for errands or entertainment.
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Bank of Canada increases prime rate by 25 basis points
The latest rate hike is, thankfully, the smallest increase since March 2022 and will likely be the last for the next little while.
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Q4 2022 saw vacancy rates for GTHA rentals increase, prices decrease by 0.8%
The GTHA saw rental rates decrease and vacancy increase in new purpose-built rental projects during Q4 2022, reports Zonda Urban.
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Mill Street Courtyards mixes the historic and modern in Port Hope
Mill Street Courtyards is a collection of three-storey townhomes that’s located near the city’s historic downtown. The Plazacomm development is just a short walk to East Beach on Lake Ontario, and the Ganaraska River can be found right across from the homes.
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Home sales in Canada slowly inching back up, national inventory at pre-pandemic levels
According to the latest CREA statistics, national home sales inched up by 1.3 per cent in December.
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Minto Communities expands Parkside at Arcadia with a new collection of Metro Towns
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Property taxes in Toronto set to increase by 5.5% in 2023
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Foreign homebuyer ban comes into effect in Canada
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Balconies, prices and launches – oh my! Condo predictions for 2023.
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Daniels FirstHome™ Pickering offers Ultimate Savings Event for limited time
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How to save for a house
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Royalton’s summer event is coming soon
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Coming soon to Calgary: Belmont Plaza by Cedarglen Living