Ontario finance minister responds to Brampton, Mississauga and Caledon councils' concerns over Bill 23

Ontario Finance Minister Peter Bethlenfalvy says the Ford government will work with municipalities to address their concerns over Bill 23, otherwise k... Read More

Jan 23, 2023

December 2022 CREA statistics and Quarterly forecast

Canadian home sales edge up to end 2022Ottawa, ON, January 16, 2023 – Statistics released today by the Canadian Real Estate Association (CREA) ... Read More

Jan 16, 2023

Legends Row Awards - Mississauga's Walk of Fame 10th Anniversary

Mississauga, ON: Legends Row, Mississauga’s Walk of Fame is pleased to announce the Induction of three new members for 2021For the first time i... Read More

Jan 11, 2023

With today’s cost of living, is it better to own or rent a home?

Putting a roof over your head is generally the largest single expense for any household, but with today’s cost of living is it less expensive to own... Read More

Jan 10, 2023

What to Expect From Canadian Real Estate in 2023

Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest... Read More

Jan 04, 2023

Canadian Mortgage Professionals: Canada stress test decision – RBC verdict

The recent decision by Canada’s banking regulator to leave the mortgage stress test level unchanged was an unsurprising one, according to RBC’s as... Read More

Jan 03, 2023

Global News: Could prefab homes solve Canada’s housing crisis? ‘It’s like an orchestra’

Canada is facing a housing crisis — the number of homes needed in the country keeps growing but not the number of people needed to build those homes... Read More

Jan 03, 2023

CTV News: Who's exempt from Canada's foreign homebuyers ban? Here's what you need to know

Canada’s ban on foreign homebuyers is now in effect, barring commercial enterprises and individuals outside of Canada from buying residential proper... Read More

Jan 03, 2023

Majority of Canadian Housing Markets Now Considered ‘Balanced’

As purchasing power lessens and demand continues to drop, roughly 70% of Canadian housing markets are now considered balanced.In its November hou... Read More

Dec 21, 2022

The Canadian Press: Ontario and British Columbia headed for a buyer's market, RBC says

High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British Columbia, a new report by RBC says. The rep... Read More

Dec 19, 2022

November 2022 CREA statistics

Canadian home sales edge down from October to November.Ottawa, ON, December 15, 2022 – Statistics released today by the Canadian Real Estate Associa... Read More

Dec 15, 2022

Financial Post: Cities have to expand for house prices to fall

The Ford government’s plan to expand the land supply available for housing has evoked the usual dog whistles about “urban sprawl” by interests a... Read More

Dec 14, 2022

The Star - Doug Ford’s housing bill will make parks more crowded, Toronto and Mississauga warn

Torontonians have always gloried in their green spaces, no more so than during the pandemic when the city hit peak park appreciation. But as grateful ... Read More

Dec 12, 2022

Financial Post - 'It comes down to price, or patience' as latest interest rate hike puts pressure on homebuyers

Richard Humphreys, a marketing executive, has been searching for a home to buy around Mississauga, Ont. for four years. “I want to own a property. A... Read More

Dec 09, 2022

Canadian Mortgage Professional - How prevalent are renters in the Canadian housing market?

The number of Canadians renting has increased at almost three times the rate of homeowners over the past decade, according to a new analysis by Royal ... Read More

Dec 09, 2022

STOREYS - Properties in Most GTA Markets are Selling for Under the Listing Price

The real estate scale has tipped in favour of buyers in the Greater Toronto Area… seven interest rate hikes later. This is according to a new report... Read More

Dec 09, 2022

Ontario Real Estate Association: OREA Celebrates 100 Years of Realtors® Building Stronger Communities

Today, the Ontario Real Estate Association (OREA) is celebrating its 100th anniversary, commemorating the last century of organized real estate. OREA ... Read More

Dec 07, 2022

Canadian Real Estate Magazine: Residential Builders Supportive Of Adjusting Greenbelt To Allow More Housing

The provincial government is getting heat for its proposal in the More Homes Built Faster Act to swap out the land from the Greenbelt in order to crea... Read More

Dec 06, 2022

STOREYS: “The Bank of Canada Still Has Your Back, But It’s Got a Knife In It”: Experts Weigh In On Market Future

Canada’s housing market has yet to hit bottom, industry experts warn, emphasizing the profound impacts that Bank of Canada interest rate hikes will ... Read More

Nov 29, 2022

Global News: Housing market ‘balance’ could return in 2023, but interest rates the ‘wildcard’: Re/Max

After the “frenzy” of 2021 and a “big peak and valley” in 2022, the president of Re/Max Canada tells Global News that next year could see “b... Read More

Nov 29, 2022