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International Housing “Hacks” Toronto Can Learn From

International Housing “Hacks” Toronto Can Learn From

Metro has complied a few “housing hacks” from around the world to give you a glimmer of hope — or inspiration — for 2017. Students Share with Seniors While it might put a damper on partying, the logic at NYU is student budgets are strained and retired people have space. The University has launched a […]

Tech Industry Strengthens Canadian Commercial Real Estate Market

Tech Industry Strengthens Canadian Commercial Real Estate Market

The booming tech industry may lead to more commercial construction as developers and landlords look to capitalize on growing demand for office space, suggests Jones Lang LeSalle, a real estate services firm. In Vancouver, Toronto, Kitchener-Cambridge-Waterloo and to an extent Montreal, expansion in local tech industries is leading to tighter vacancy rates for offices, says […]

Ontario Courts: Condos Can Ban Airbnb’s

Ontario Courts: Condos Can Ban Airbnb’s

In a ruling that could have wider implications, an Ontario court has said that condominium corporations have the authority to ban unit owners from renting out their properties on services such as Airbnb or Expedia. In a 14-page decision released Thursday, Justice Robert Beaudoin of the Ontario Superior Court ruled that the owners of an […]

Hamilton Now Has The Hottest Real Estate Market

Hamilton Now Has The Hottest Real Estate Market

Hamilton is the hottest housing market in the country when it comes to escalating real estate prices, according to a new study. The RE/MAX annual Housing Market Outlook Report says real estate in Hamilton-Burlington shot up by 19.8 per cent this year compared to last. That’s a few notches ahead of second place Fraser Valley, […]

Canadian Commercial Real Estate Swarmed By Foreigners

Canadian Commercial Real Estate Swarmed By Foreigners

In its latest report, CBRE Canada stated that foreign investors continue to play a major part in energizing the country’s commercial real estate segment, accounting for $3 billion worth of purchases in the third quarter of the year alone. CBRE added that approximately 90 per cent of the amount was used to buy hotels across […]

TREB To Comp Bureau: “Privacy Still Matters”

TREB To Comp Bureau: “Privacy Still Matters”

The Competition Tribunal appeal hearing between The Commissioner of Competition and The Toronto Real Estate Board (TREB) began Monday in the Federal Court of Appeal with TREB once again arguing that clients’ privacy rights will be breached if certain data is exposed on the Internet on virtual office websites (VOWs). In particular, sold information – […]

Toronto’s Housing Market “Taking A Breath”?

Toronto’s Housing Market “Taking A Breath”?

The urgency seems to be seeping out of Toronto’s real estate market as the year comes to a close. “I think people have frankly gone into a ‘wait and see’ mode,” says real estate agent Janet Lindsay of Chestnut Park Real Estate Ltd. Listings are dwindling, as they typically do at the end of November, […]

Toronto Convicts First Airbnb Owner

Toronto Convicts First Airbnb Owner

The company that owns a Willowdale house that was the scene of a shooting earlier this year has pleaded guilty to a single zoning bylaw violation. This is the first conviction for the city’s municipal and licensing department in the booming area of short-term vacation rentals such as Airbnb and VRBO. To date, only one […]