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Greater Toronto Area home sales tumbled to a five-month low in December, rounding out a subdued 2024 for the market as historically elevated borrowing costs kept sales in check for much of the ...
The annual pace of new home construction surged last month amid a historic shortage of housing inventory and falling mortgage rates. Housing starts jumped by 14.8% in November compared to the ...
The existing home market has been stymied — largely by mortgage rates that have climbed into the 8% range, but also by a rock-bottom lack of inventory. In market hampered by interest rates, new ...
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
“The resale market, which has been relatively silent in 2023, may provide increased competition to the new home market if rates decline to a point that potential sellers feel less locked in to ...
One Bloor, previously One Bloor East and Number One Bloor, is a mixed-use skyscraper at the intersection of Bloor Street and Yonge Street in downtown Toronto, Ontario, Canada.. The project was initially launched by developer Bazis International Inc. in 2007, before being cancelled and re-developed by Great Gu