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Residential real estate bids winning over commercial in Toronto
The availability of land and construction costs can be a challenge for developers in Ontario, especially in high-density cities. In Toronto, recent reporting suggests that condominium builders may have an advantage compared to other types of developers. According to real estate...
Plans in the works for valuable real estate at LeBreton Flats
In Ottawa, discussions over the fate of LeBreton Flats have been a much-discussed news issue. The valuable real estate plot in the core of the Ontario city has long been considered as a potential home for a hockey arena. A...
Rental real estate owners struggle with marijuana legislation
While most legal activities are allowed within private homes, some landlords take issue with certain activities within their buildings. The upcoming marijuana legalization has become a topic among Ontario owners of rental real estate. Some landlords would like the right to...
Real estate listings and sales down in January 2018
The Canadian real estate market often fluctuates, and the first part of 2018 is no exception. In January, Canadian home sales fell by 14.5 per cent compared to the month prior. The decrease in real estate transactions is led by...
Foreign real estate transactions down from August to November
Many people have speculated on what effect the nonresident tax would have on key real estate markets. The Ontario government has presented figures from the period between Aug. 19 and Nov. 17, a period following the imposition of the 15 percent foreign buyers tax. These...
Ontario Real Estate Association opens transparency discussion
Real estate professionals often seek to weigh in on legislation that will affect their profession and operations. In Ontario, the Ontario Real Estate Association (OREA) is the group which represents real estate agents in the province. OREA is considering a campaign...
