Burlington is the No. 1 City in Canada

Burlington is this year’s winning city, ranking in the top 25 percent in six out of 10 categories: wealth and economy, amenities, weather, crime, health, and culture and community. It is also this year’s best place to raise a family. It’s attracting young families with kids—47 percent of families in the municipality have children, and 17 percent of the population …

January Sales up Compared to December 2018

Toronto Real Estate Board (TREB) President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB’s MLS® in January 2019 – up by 0.6 percent compared to January 2018. Sales were up by 3.4 percent compared to December 2018. “It is encouraging to see the slight increase in January transactions on a year-over-year basis, even with …

Sun Life’s Real Estate Arm Plans to Increase its Rental Apartment Assets

Investing in rental apartments in Canada’s biggest cities may be a smart thing to do right now. At least that’s what Sun Life Financial’s real estate investment business Bentall Kennedy sees as a good strategy. It plans to increase its multi-residential investments to 15% of its portfolio, from currently less than 10%. Although there are signs that the economy has …

Toronto Landlords Could Enjoy a Hike in Rents this Year

Toronto landlords with vacant units could enjoy as much as an 11% hike in rent this year. That’s according to Rentals.ca’s National Rent Report, which only studied empty units and also forecasted that rents nationwide would increase 6% in 2019. The research shows that renters’ preference remains for newer, lavish units, which typify condo rentals. The primary reason for the double-digit market rental hike …

This is Ontario’s Most Promising and Consistent Market

When media outlets talk about Canadian real estate and where the largest increases in property value are, Hamilton is often overlooked. However, when you look at housing price increases across the country for the past 5 years, Hamilton has increased in value more steadily than any area in Canada.. Data from the Canadian Real Estate Association pointed to one of …

2018 Annual Statistics

Toronto Real Estate Board (TREB) President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered into TREB’s MLS® System were down by 12.7 per cent over the same period …

Positive News in GTA Compared to Vancouver

In encouraging economic news, residential home sales were up 18.6 per cent in the GTA for the month compared with last July, the Toronto Real Estate Board said Friday. In addition the average selling price of the 6,961 homes that changed hands during the month rose 4.8 per cent on an annual basis to $782,129. July’s climb follows a 2.4 …