7/18/2024 | Posted in Ontario Real Estate by Terra Realty
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New condominium sales plummeted to a 27-year-low during the first six months of 2024 as a “sharp downturn in construction starts” in Toronto continued to impact ... More
2/22/2024 | Posted in Ontario Real Estate by Terra Realty
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Discrepancy debunks notion that construction industry is 'sitting on supply,' say developers ... More
7/1/2023 | Posted in Ontario Real Estate by Terra Realty
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Province holding rent increase guideline at 2.5 per cent in 2024 ... More
4/3/2020 | Posted in Ontario Real Estate by Terra Realty
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Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province. ... More
3/14/2020 | Posted in Ontario Real Estate by Terra Realty
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Condo developers in Ontario looking to sell units to millennials and first-time home buyers could be barking up the wrong tree, according to a new survey from OREA. ... More
11/3/2019 | Posted in Ontario Real Estate by Terra Realty
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Ontario home warranty provider will require greater disclosure and information sheets. ... More
8/19/2019 | Posted in Ontario Real Estate by Terra Realty
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Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing Corporation. ... More
6/7/2019 | Posted in Ontario Real Estate by Terra Realty
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The Ontario government has passed legislation which aims to tackle the province’s housing crisis. ... More
4/8/2019 | Posted in Ontario Real Estate by Terra Realty
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Industry association also wants its regulator to have more power to 'kick out' unethical agents ... More
2/22/2019 | Posted in Ontario Real Estate by Terra Realty
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Ontario was the epicentre of Canadian home price growth in the past 5 years, according to a new analysis. ... More
2/5/2019 | Posted in Ontario Real Estate by Terra Realty
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Right now, buyers often blindly offer more than what they had wanted to spend in hopes of beating their competitor. ... More
1/10/2019 | Posted in Ontario Real Estate by Terra Realty
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Sales of new homes should be positive in 2019 despite the challenges of affordability and interest rates. ... More
12/7/2018 | Posted in Ontario Real Estate by Terra Realty
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Stricter mortgage qualification rules pushed buyers to the sidelines, as year-over-year double-digit sales decreases became the norm. ... More
11/20/2018 | Posted in Ontario Real Estate by Terra Realty
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Starting immediately, rent control rules will no longer apply to buildings and flats being rented for the first time, the Progressive Conservative government announced Thursday. ... More
10/12/2018 | Posted in Ontario Real Estate by Terra Realty
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The Ontario Real Estate Association is making more than three dozen recommendations to the provincial government on how it should update the rules governing realtors, including ... More
9/21/2018 | Posted in Ontario Real Estate by Terra Realty
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The Ontario Government is planning to repeal legislation that would require home sellers to obtain a home energy audit before the sale. ... More
9/19/2018 | Posted in Ontario Real Estate by Terra Realty
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Condominium lawyers are waiting to see how the jurisdiction of the online Condominium Authority Tribunal expands, while mediators say online dispute resolution will become more ... More
8/10/2018 | Posted in Ontario Real Estate by Terra Realty
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Unaffordability isn’t expected to abate in the Greater Toronto Area any time soon, but as more and more people are discovering, there are cheaper places to live slightly ... More
8/8/2018 | Posted in Ontario Real Estate by Terra Realty
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Parents re-entering the market after their children stayed home longer than normal, survey says. ... More
7/25/2018 | Posted in Ontario Real Estate by Terra Realty
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While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ... More
6/14/2018 | Posted in Ontario Real Estate by Terra Realty
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Current price correction in Ontario housing market does not resemble historical price bust periods according to the latest report from Canada Mortgage and Housing Corporation. ... More
4/26/2018 | Posted in Ontario Real Estate by Terra Realty
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The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles Sousa ... More
4/23/2018 | Posted in Ontario Real Estate by Terra Realty
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Condo dwellers in Ontario will soon have an easier time charging their electric vehicles at home, part of a province-wide plan to reduce emissions and fight climate ... More
3/13/2018 | Posted in Ontario Real Estate by Terra Realty
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There has been a sharp drop in sales of luxury properties in the Toronto area, but real estate agents are optimistic of improvement. This is according to a report released today ... More
3/12/2018 | Posted in Ontario Real Estate by Terra Realty
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A new report ranked Ontario’s largest metropolitan areas by real estate market performance and suitability for investment over the next 5 years. ... More
12/8/2017 | Posted in Ontario Real Estate by Terra Realty
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With reduced buying power, house hunters will scoop these properties up ... More
11/8/2017 | Posted in Ontario Real Estate by Terra Realty
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Ontario's new condo tribunal is accessible but will only mediate and adjudicate one kind of dispute to begin. ... More
11/8/2017 | Posted in Ontario Real Estate by Terra Realty
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Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More
10/24/2017 | Posted in Ontario Real Estate by Terra Realty
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A renewed boost of consumer confidence will make itself apparent in the increased stability of Ontario’s residential real estate market, a few months after the introduction ... More
9/29/2017 | Posted in Ontario Real Estate by Terra Realty
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In an announcement earlier this week, the government of Ontario stated that it has established a new team tasked with removing the multiple barriers to housing construction and ... More
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