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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 […]

Smart Homes Of The Future Will Know Us By Our Heartbeats

Smart Homes Of The Future Will Know Us By Our Heartbeats

Kevin Foreman believes that homes will soon become intelligent enough to distinguish between family members and guests within physical spaces and adapt to individual needs based on biometrics like fingerprints, body temperatures and even the rhythm of our own heartbeats. In the very near future as you walk through your home, a small device worn […]

Ontario Doubles First Time Buyer Rebate

Ontario Doubles First Time Buyer Rebate

In an effort to help first-time homebuyers—but not hurt the equilibrium of housing markets outside of Toronto—the Ontario Liberal government announced today that they’ll double the first-time homebuyers’ maximum Land Transfer Tax refund to $4,000. This increased rebate will take effect January 1, 2017 and will mean that eligible homebuyers in Ontario would pay no Land […]

“Trumpflation”: Heading To Our Housing Market

“Trumpflation”: Heading To Our Housing Market

As if there isn’t enough going on with Canada’s housing market already, now comes “Trumpflation.” The impact on Canadian housing could happen in a roundabout way, and there are different scenarios for how it could play out. But we’re already seeing the ripple effect in bond markets. President-elect Donald Trump’s stimulus proposals are fuelling expectations […]