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Tag Archives: real estate

New Condo Building in the Upcoming Sought After Area of Vaughan Metropolitan Centre

The condo market has become a hit in the past year, due to the relatively low prices compared to those of houses. Despite the widespread view that investment in single-family homes is the most worthy investment since the prices increase greater than those of condo apartments, the data shows otherwise.

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Ontario introduces a new tax on foreign real estate investors

On April 20, 2017, The Ontario government introduced the Fair Housing Plan that includes 16 housing affordability measures for homebuyers and renters after two consecutive years of double-digit gains in the housing market that made the average house prices in the Toronto region reach $916,567 in March 2017, up 33.2 per cent from a year earlier.

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Next recession may become problematic due to high house prices: CIBC report

Today’s high house prices and larger mortgages could make the next recession, when it comes, longer and deeper, warns a new report by CIBC Capital Markets co-authored by Avery Shenfeld, Chief Economist, CIBC Capital Markets, and senior economists Andrew Grantham and Nick Exarhos.

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