Real Estate News, Articles & Corporate Announcements

6/17/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed further in May 2019. ... More

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6/16/2019 | Posted in Holidays and Traditions by Century 21 People's Choice
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To all awesome dads, step dads, grandpas, soon-to-be-dads : Hope you have a great day enjoying your favourite things! ... More

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6/14/2019 | Posted in Commercial Real Estate by Century 21 People's Choice
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Colliers says that with strong demand and a record low vacancy, the GTA’s industrial market will solidify its position as one of North America’s leaders. ... More

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6/13/2019 | Posted in Home Buyers by Century 21 People's Choice
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Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

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6/11/2019 | Posted in Mortgage Interest Rates by Century 21 People's Choice
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Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast. ... More

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6/11/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

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6/11/2019 | Posted in Financial Health by Century 21 People's Choice
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A warning has been issued regarding investment schemes that promise tax write-offs by investing in real estate through limited partnerships. ... More

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6/11/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More

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6/10/2019 | Posted in Real Estate News by Century 21 People's Choice
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Cooling housing markets are being seen in many major cities across the developed economies. ... More

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6/10/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ... More

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6/7/2019 | Posted in GTA News by Century 21 People's Choice
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Market beginning to favour sellers, number of listings is lagging - TREB says there were 9,989 sales in May, up 18.9 per cent from the 15-year low in May 2018, while listings ... More

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6/7/2019 | Posted in Recreational Properties by Century 21 People's Choice
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Recreational homes are attracting strong interest from millennials but for many they are not second homes but the only ones they can afford. ... More

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6/7/2019 | Posted in Ontario Real Estate by Century 21 People's Choice
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The Ontario government has passed legislation which aims to tackle the province’s housing crisis. ... More

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6/7/2019 | Posted in Interest Rates by Century 21 People's Choice
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Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for borrowers. ... More

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6/6/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. ... More

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6/6/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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Canada’s banks will have to set aside a larger share of their capital to protect against downturns in lending and other potential financial risks. ... More

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6/6/2019 | Posted in Toronto Real Estate by Century 21 People's Choice
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Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods once ... More

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6/5/2019 | Posted in Commercial Real Estate by Century 21 People's Choice
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Canada’s vacancy rate for industrial properties stood at a historic low of 3% during the first quarter of 2019, pointing to highly positive prospects for the asset class ... More

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6/5/2019 | Posted in Home Owners by Century 21 People's Choice
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Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll ... More

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6/5/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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TREB President Garry Bhaura announced that GTA REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a ... More

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6/4/2019 | Posted in Canadian Housing Market Predictions by Century 21 People's Choice
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 What The Next 5 Years Will Look Like In 33 Canadian Cities ... More

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6/2/2019 | Posted in Toronto Real Estate by Century 21 People's Choice
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Torontonians could find themselves “doubling up” on housing with friends or relatives in the coming years as the city’s breakneck population growth outstrips the ... More

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5/31/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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The Canada Revenue Agency has identified over a $1 billion in unpaid gross taxes in the real estate sector since 2015 and has doled out over $100 million in penalties. ... More

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5/30/2019 | Posted in Commercial Real Estate by Century 21 People's Choice
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But residential lots and apartment development sites saw strong growth ... More

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5/29/2019 | Posted in Interest Rates by Century 21 People's Choice
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The Bank of Canada today maintained its target for the overnight rate. ... More

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5/27/2019 | Posted in Interest Rates by Century 21 People's Choice
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts. ... More

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5/23/2019 | Posted in Financial Health by Century 21 People's Choice
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Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC. ... More

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5/23/2019 | Posted in Financial Health by Century 21 People's Choice
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The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ... More

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5/22/2019 | Posted in Canadian Economy and Housing Market by Century 21 People's Choice
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

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