Real Estate
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5 things to consider when renovating your bathroom in 2021

Posted on 12 April 2021

Choosing to renovate your bathroom not only increases the value of your home but can equally provide you with a new space for relaxation. According to a 2020 study, about 41 per cent of homeowners—which is two in every five—who renovated their master bathroom admit that they now utilize their new space to rest and unwind. After deciding to get a bathroom renovation by Easy Renovation ...

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Five things to watch for in the Canadian business world in the coming week

Posted on 19 March 2021

TORONTO — Five things to watch for in the Canadian business world in the coming week: Housing data Two key data points for Canada's housing market are expected Monday. The Canadian Real Estate Association is expected to release its sales results for February and Canada Mortgage and Housing Corp. will release February housing starts data. Home sales have been hot in rec ...

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With 8 Wellesley sold, it’s Prime time for CentreCourt

Posted on 19 March 2021

With the momentum of quickly selling out its 8 Wellesley Residences behind it, CentreCourt is looking toward the launch of its Prime Condos early this spring. Sales officially kicked off for for 8 Wellesley, a 55-storey downtown Toronto condominium project, on Feb. 18. As of March 5, 597 of its 599 studio, one-, two- and three-bedroom units — valued at $515 million — had been sold. ...

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Calgary rated a low-risk housing market

Posted on 19 March 2021

Calgary’s real estate market is again one of the most affordable in Canada, according to a recent report. RBC Economics released its housing risk monitor survey earlier this month, showing the city fared best among major centres in Canada regarding affordability and resale market balance. “Affordability is not one of the problems for the Calgary market,” says Robert ...

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Real Estate Investors: Prepare Your Portfolio for a Mortgage Rate Spike

Posted on 19 March 2021

Canada’s housing market is soaring to new heights, and this trend is no longer isolated to a handful of underlying markets. As expected, Toronto sees more aggressive activity than most other real estate markets, and the home sales in February grew by 52% compared to the sales last year. The average housing price increased proportionally as well and crossed the $1 million mark. And T ...

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Toronto Market Report: 79% of Houses Sell Over Asking in February

Posted on 19 March 2021

The Market This Month The Toronto Area housing market continues to boom, with the market for houses particularly showing signs of ‘excessive exuberance’ amongst buyers. In February, house (detached, semi-detached, townhouse) sales were up 46% over last year (2020), and have doubled when compared against 2018 and 2019 sales volumes. Months of Invento ...

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Top 10 Realtors to Watch Out in 2021

Posted on 19 March 2021

LOS ANGELES, March 12, 2021 (GLOBE NEWSWIRE) -- While the real estate sector has been emerging as one of the recognised sectors, it's the people behind the flourishing sector who have made significant changes in this space. Various realtors have contributed to the growth of the real estate sector and have fostered curiosity among the learners and prospective clients to learn abou ...

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ERES REIT and CAPREIT Announce Extension of €165M Pipeline Agreement

Posted on 19 March 2021

TORONTO, March 10, 2021 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES”) and Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN, “CAPREIT”) announced today the extension of the pipeline agreement between ERES and CAPREIT (the “Pipeline Agreement”) for an additional two-y ...

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Nicola Wealth Real Estate partners with First Gulf to increase their Industrial Footprint in the Greater Toronto Market

Posted on 19 March 2021

Toronto, ON, March 10, 2021 (GLOBE NEWSWIRE) -- TORONTO, ON, March 10, 2021 – Nicola Wealth Real Estate (NWRE) announces two large industrial acquisitions in partnership with First Gulf to expand their industrial footprint in the Greater Toronto Area. These acquisitions add to their growing Ontario portfolio comprised of industrial and other asset classes. The first acquisition ...

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Bank of Canada on guard as Bay Street warns of housing bubble

Posted on 19 March 2021

A top Bank of Canada official made it clear on Thursday that surging home prices aren’t going unnoticed, but did not indicate that the central bank is planning any action beyond being on watch for risks to the financial system. "We've taken note of the fact that house prices have increased relatively rapidly in recent months," said Bank of Canada Deputy Governor Lawrence Schembri in ...