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Recreational house prices forecast to increase 15% in 2021: Royal LePage
According to Royal LePage, the aggregate price of a house in Canada’s recreational regions is forecast to increase 15 per cent in 2021 to $502,730, as demand continues to rapidly outpace inventory. The company revised its 2021 recreational…
One quarter of Canadians aged 25 to 35 purchased a property during pandemic: Royal LePage
According to a recent Royal LePage demographic survey, nearly half (48%) of Canadians aged 25 to 35 currently own their home, and 25 per cent of these homeowners purchased a property during the pandemic. Royal LePage reports, that among…
Ontario Reports Next Stage for Yonge North Subway Extension
The Ontario government reports that is moving to the next stage of planning for the Yonge North Subway Extension. According to a government release, the Initial Business Case and supplementary analysis for the project, released by…
Waterfront Toronto Launches International Competition for Quayside Development Partner
Waterfront Toronto has launched an international competition to secure a development partner for the Quayside lands. The first step in this effort is to issue a Request for Qualifications (RFQ) to identify potential development proponents…
Liberals tap $2.75B of promised transit dollars for zero emission buses
OTTAWA – The federal Liberals are setting aside some of the billions of dollars planned in short-term transit spending to help municipalities further green their bus fleets.The hope is that the $2.75 billion in traditional grant…
Condo sales soar in Quebec City in February
Residential real estate market statistics for the Quebec City Census Metropolitan Area (CMA) for the month of February have been released by the Quebec Professional Association of Real Estate Brokers (QPAREB), based on the real estate…
Montreal’s February condo sales grow faster than single-family home sales
The Quebec Professional Association of Real Estate Brokers (QPAREB) has released its residential real estate market statistics for the Montreal Census Metropolitan Area (CMA) for the month of February, based on the real estate brokers’…
Toronto area home sales boom in February as average price surpassed $1 million
Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs, according to the Toronto Regional Real Estate Board…
Vancouver home sales up 73% YOY, home buyer competition intensifies
Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in…
Calgary home sales, prices spike in February while inventory remains low: CREB
CALGARY – The Calgary Real Estate Board said Monday that the market has faced low inventory levels compared to sales for the past several months, while prices continued to climb.The board's February numbers show that prices jumped…