A Toronto condominium builder says affordability remains a challenge, but there are diversity of housing needs and opportunities in the densely populated region around Canada’s largest city. “The one thing about our condo market in the (Greater Toronto Area), in my mind, it’s not one marketplace. It’s made up of…
Tag: real estate news 2022
Should I sign an ‘as-is’ contract for a recently renovated home?
Jun. 24—Q: We are looking to purchase our new home from a real estate renovator who bought it last year and fixed it up. The contract has a lengthy, one-sided addendum making the sale “as-is” and releasing them from any issues with the renovations, including compliance with the building code….
The housing market is so detached from fundamentals that a leading research firm predicts the pause in home price declines is about to ‘prove temporary’
Back in early Januaryeconomists at Capital Economics put out a report arguing that US housing market demand had finally bottomed out following last year’s mortgage rate induced pullback. Not long after that report was published, housing metrics began to show a bounce back as the 2023 spring housing market came…
Trends Reveal Record Demand for Student Accommodation
The shortfalls in student accommodation have been especially detrimental to international students – those coming from countries with a weaker currency have found accommodation increasingly unaffordable, for example. Yet in 2022 – the UK issued nearly 500,000 study visa grants for international students – this marks an impressive 81% rise…
HILCO REAL ESTATE ANNOUNCES NEW TEAM ADDITIONS
NORTHBROOK, Ill., May 24, 2023 /PRNewswire/ — Hilco Real Estate, LLC (HRE), an operating unit of Hilco Global, is pleased to announce two key hires to its organization. Joining the organization are Jamie Coté Vice President for the Asset Sales group and Don Groft as Senior Managing Director for the…
Breanne Cote elected BC Northern Real Estate Board chair
The BC Northern Real Estate Board has a new chair. Breanne Cote was elected to the position for 2023-24 during the BCNREB’s annual general meeting. Based at Royal LePage Aspire Realty in Prince George, Cote has been a real estate agent for eight years and has served on many BCNREB…
Commercial real estate deal landscape has become ‘asset type specific’: Reporter
Commercial Observer Finance Editor Cathy Cunningham sits down with Yahoo Finance’s Diane King Hall to discuss the impact of the Covid-19 pandemic on the real estate industry, commercial real estate trends, and what lies ahead for investors. Video Transcripts DAVE BRIGS: The commercial real estate industry is grappling with work…
Market trends: Cottage prices to drop
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content The price of recreational real estate across the country is expected to dip this year, with the biggest price drops in Ontario and Quebec….
Number of Mortgage-Free Homes in Vancouver Points to One Thing: Foreign Money
The fact that half of Vancouver homeowners are enjoying a mortgage free life reveals the unique nature of the Vancouver market, says the owner of a large Canadian mortgage brokerage. “It just really underlines the fact that there is just a ton of foreign capital in Vancouver,” says a long-time…
Why some Canadians are buying houses without the help of a Realtor
David McDonald says buying his first home in the latter half of 2021 was stressful — though maybe not for the usual reasons. Even though he was working with a Realtor he trusted, he didn’t like that he couldn’t speak directly to the people selling their homes around North Bay,…