TORONTO – An unusually hot January for GTA real estate sales played a major role in what the Canadian Real Estate Association (CREA) has revealed to be a modest nationwide increase in existing-home sales activity for the same month. According to new data released by the association on February 16, January’s national home sales were […]
“Lower Borrowing Costs” Spurring February Sales Boost: TREB
TORONTO – Through the first half of February, the GTA’s temperatures may have been chilly but its real estate market certainly wasn’t – with a total of 3,120 transactions reflecting a 14.9 per cent year-over-year increase in sales activity. The impressive total was revealed by the Toronto Real Estate Board (TREB)’s Mid-Month Resale Housing Figures […]
Market Update: CREA Reports Hottest Spring Market in Years
New home sales help fuel strong rebound after long winter GREATER TORONTO – After one of the longest and coldest Canadian winters in recent memory, low interest rates and plenty of home-building activity have inspired a red-hot sales surge for Canadian real estate – one that has economists boosting their forecasts for the country’s housing […]
Canada Day Special Feature: The History of Canadian Real Estate
“There are at least two main reasons homes are so important to people. One is that they are often seen as an extension of our identity, and represent who we are.” – June Cotte, Associate Professor, Richard Ivey School of Business MARKHAM – With July 1 just around the corner, we Canadians are already dreaming […]