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The Top 10 Real Estate News Headlines March 2018

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    Top 10 Real Estate News Stories March 2018

    $1 million-plus condo market to remain steady through spring

     

    Sotheby’s International Realty Canada released its top-tier 2018 spring market forecast, predicting the luxury home market will normalize in the Greater Toronto Area (GTA), based on sales transactions through the MLS system.

    Full Story on Toronto Star


    New condo prices in the GTA continue to rise

    The Building Industry and Land Development Association (BILD) released its monthly new housing report for February 2018, announcing that new condo prices in the Greater Toronto Area (GTA)continued to rise.

    Full Story on Toronto Star

     


    How will Sidewalk Toronto address affordable housing?

    We had the pleasure of attending the first Sidewalk Toronto public roundtable meeting, one of the many ways Sidewalk Labs and Waterfront Toronto are consulting the public.

    Full Story on Toronto Star

     


    How the provincial election could impact the housing market

     

    With Doug Ford looking like the frontrunner for premier in the upcoming provincial election, pundits are wondering what that might mean for the housing market.

    Full Story on Toronto Star


     

    TREB calls on provincial parties for housing policy debate

     

    As everyone’s attention is shifting to the upcoming June 7 provincial election, the Toronto Real Estate Board (TREB) has called on all three major parties to outline their housing policies in a debate format.

    Full Story on Toronto Star

     

     

     

     


     

    From RBC Chief Executive’s stance on foreign cash in the Canadian housing market to B.C. introducing an anonymous ‘Realtor tip line’, to high-end home sales plummeting even as prices nudge up, we’ve cultivated a list of the top 10 stories. Here’s the latest news!

    RBC Chief Sounds Alarm on Flood of Foreign Cash in Canadian Real Estate

    Toronto, Canada’s biggest housing market, has been correcting over the past few months amid a slew of regulations put in place to steady booming prices and increasing debt.

    Full Story on Bloomberg.com

     


     

      

    There’s a riddle at the centre of Toronto’s housing affordability crisis: What is causing huge chunks of the city to lose population at the same time as the overall population is booming? The answer…

    Full Story on TheGlobeandMail.com

    There are just two roads in and out of Humber Bay Shores. On a bad day, the commute by car to downtown can take 40 minutes.  (BERNARD WEIL /TORONTO STAR)

    Full Story on TheStar.com


     

    Waterloo Region among best real estate markets for investment: report

    Part of the downtown Kitchener skyline is seen on Thursday, March 31, 2016. (Dan Lauckner / CTV Kitchener)

     

    Full Story on CTVNews.ca

     


     

     

    B.C. court rules in favour of buyer who walked away from real estate deal over fatal shooting on property

    The Vancouver home at the center of a lawsuit after a buyer walked away from the deal after learning of a murder on the property. (Ben Nelms/The Globe and Mail)

    Full Story on The GlobeAndMail.com


     

    Investing in Ontario real estate? These cities are the best bets

     

     

     

     

    A new report from independent research think-tank Real Estate Investment Network (REIN) ranked Ontario’s largest metropolitan areas in terms of real estate market performance and suitability for investment over the next 5 years.

    Full Story on MortgageBrokerNews.ca


    Luxury home sales plummet 58% in Toronto as high-end sector hit hardest in slump

    But prices did inch up to a cool $4,201,873

    Luxury sales have slowed in Toronto.James MacDonald/Bloomberg

    Full Story on FinancialPost.com

     

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