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Market

Does the Liberal Strategy Really Mean a “Home for Everyone”?

Christopher Alexander and Elton Ash Oct 4, 2021

Throughout the election, the Liberal party’s approach to Canada’s housing affordability crisis was to promise a “home for everyone.” The platform was detailed under three key areas: unlocking home ownership, building more homes, and…

Construction

Toronto most expensive city to build in Canada, but ranks 33rd worldwide

Building Jul 26, 2021

Major U.S. cities are topping global rankings as some of the most expensive places to build, with the cost of construction set to soar over the next two years as pressure on labor and materials coincide with major investment and President…

Real Estate

Quebec City Residential Market Sees New Price Records and Marked Decrease in Sales

Building Jul 8, 2021

The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the Quebec City Census Metropolitan Area (CMA) for the month of June, based on the real estate…

Real Estate

Soaring Prices Weaken Residential Sales in Montreal’s Suburbs

Building Jul 7, 2021

The Quebec Professional Association of Real Estate Brokers (QPAREB) released its residential real estate market statistics for the Montreal Census Metropolitan Area (CMA) for the month of June, based on the real estate brokers’ Centris…

Real Estate

Home sales hit record in 2020, Canadian Real Estate Association reports

Anita Balakrishnan — The Canadian Press Jan 15, 2021

Home sales in December hit an all-time record for the month to end what was also a record year, the Canadian Real Estate Association said Friday.December sales were up 47.2 per cent compared with December 2019, the largest…

Construction

COVID-19 economic shock will cause global construction output to shrink by 1.4% in 2020

Building Apr 23, 2020

As a result of the severe economic shock caused by the lockdown measures imposed by governments around the world to contain the spread of COVID-19, global construction output is expected to contract by 1.4 per cent in 2020, according to…

Real Estate

Capital Gains

Michael Swan Apr 14, 2020

In the last five years, Ottawa has experienced a technology industry boom that has reinforced the city as a business hub, with more tech companies coming to Canada’s capital every year. Having modern IT and a strong digital infrastructure…

Real Estate

Covid-19 and Canadian real estate: where we are (at the moment)

Jeffrey W. Lem and Megan Lem Apr 14, 2020

This article purports to present a snapshot of what is happening in Canadian real estate markets now, not what is going to happen after the pandemic lockdown is over. There will be plenty of time to speculate on what the post-Covid-19…

Real Estate

Despite Initial Drop in Real Estate Searches, Homebuyers Remain Hopeful Amid Covid-19 Pandemic

Andra Hopulele Mar 30, 2020

Although the Canadian real estate market started 2020 in full force and was well on its way to a red-hot season, the social distancing and home isolation measures that were put in place as a result of the COVID-19 outbreak started…

Real Estate

PPS Realty assesses COVID-19’s impact on the Toronto real estate market

Building Mar 18, 2020

"COVID-19 has put the global economy in turmoil since its first appearance in Wuhan, China during November 2019. Here in Canada, and specifically Toronto, we’ve had different responses from the GTHA real estate market," says Ali Salarian,…

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