Real Estate News, Articles & Corporate Announcements

2/22/2019 | Posted in Ontario Real Estate by Century 21 People's Choice
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Ontario was the epicentre of Canadian home price growth in the past 5 years, according to a new analysis. ... More

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2/22/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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While a decline in sales in January 2018 was expected, the decline this January was disturbing. ... More

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2/22/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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The B-20 mandated stress test is already outdated considering current market realities, according to a real estate firm head. ... More

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2/22/2019 | Posted in Interest Rates by Century 21 People's Choice
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Stephen Poloz says the upward path for interest rates is 'uncertain'. ... More

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2/21/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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Consumer homebuying patterns move west, as Halton Region and West Toronto capture an increased share of overall GTA market, says a new report from RE/MAX. ... More

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2/20/2019 | Posted in Toronto News by Century 21 People's Choice
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Savills ranks Toronto among the world's leading tech cities, acknowledging the access to a deep talent pool and the city’s reputation as a global centre. ... More

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2/20/2019 | Posted in Ontario News by Century 21 People's Choice
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A recent report reveals desperate measures of indebted consumers in Ontario. ... More

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2/18/2019 | Posted in Community by Century 21 People's Choice
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Wishing everyone a Happy Family Day! ... More

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2/15/2019 | 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 in January 2019 were up from the previous month but remained below levels ... More

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2/14/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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The claim that first-time buyers need more support to get into the market may be largely unfound ... ... More

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2/14/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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Canadian home prices fall for fourth month led by weakness in B.C., Alberta. The Teranet–National Bank National Composite House Price Index was down 0.1 per cent from ... More

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2/14/2019 | Posted in Commercial Real Estate by Century 21 People's Choice
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There was a slight dip in the value of commercial real estate sales in the Greater Toronto Area in 2018; but it was another strong performance following the previous ... More

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2/11/2019 | Posted in Commercial Real Estate by Century 21 People's Choice
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The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking ... More

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2/8/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

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2/7/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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The federal government appears to be considering a budget announcement that would allow first-time homebuyers to obtain 30-year insured mortgages, up from the 25-year limit now, ... More

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2/7/2019 | Posted in Commercial Real Estate by Century 21 People's Choice
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Toronto’s office market continues to magnetize a wide range of industries, and this heated demand has become starkly apparent during the fourth quarter of 2018 when the ... More

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2/6/2019 | Posted in Toronto News by Century 21 People's Choice
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The Greater Toronto Area’s tech sector, the fastest growing in North America, expected to attract young professionals in greater numbers this year. ... More

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2/6/2019 | Posted in Toronto Real Estate by Century 21 People's Choice
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Toronto Real Estate Board President Garry Bhaura announced the release of TREB's fourth annual Market Year in Review and 2019 Outlook report. ... More

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2/6/2019 | Posted in Toronto Real Estate by Century 21 People's Choice
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TREB President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB's MLS® in January 2019 – up by 0.6 per ... More

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2/6/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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Canada’s banking regulator defended tougher mortgage underwriting rules blamed recently for a slump in the nation’s housing market, but left open the possibility that ... More

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2/5/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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Residential mortgage growth rose 3.1 per cent to $1.55 trillion in December from a year earlier, the slowest pace since May 2001, and half the growth rate from two years ago, ... More

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2/5/2019 | Posted in Ontario Real Estate by Century 21 People's Choice
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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

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2/4/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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Sales of newly-built condos in the Greater Toronto Area fell back to more normal levels in 2018 following the stellar performance of the previous year. ... More

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2/1/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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Investment property sales in the GTA had their second-highest year ever at $21.1 billion, but the figure drawing the most attention in Altus Group’s Flash Greater ... More

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2/1/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious than ... More

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1/30/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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News report had claimed Finance Minister was thinking about expanding rules, but he says he's not ... More

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1/30/2019 | Posted in GTA Real Estate by Century 21 People's Choice
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Condo apartment sales in the Greater Toronto Area fell in the fourth quarter of 2018 and renters were put under greater pressure. ... More

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1/25/2019 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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Canada is considering subjecting private lenders to the same mortgage stress test rules faced by banks to prevent housing markets from being destabilized by the lenders' rapid ... More

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1/24/2019 | Posted in Commercial Real Estate by Century 21 People's Choice
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The office vacancy rate in downtown Toronto has hit a record-low amid strong demand for work space by the burgeoning tech sector, according to a report by CBRE Group. ... More

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1/24/2019 | Posted in Toronto Real Estate by Century 21 People's Choice
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We are almost a month into 2019, and it feels like the Toronto real estate market is getting a fresh start. As we enter a more balanced market, the discussion will slowly shift ... More

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