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While it's easy to think that a few slow weeks are a sign of something larger, a more thorough analysis reveals that the Toronto market is still very strong
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In the GTA's high-priced real-estate market, where the barrier to entry for owning a single-family home is exorbitantly high, the City of Brampton represents a rare vestige where detached properties still average for below the million-dollar mark.
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The Toronto Real Estate Board's latest stats didn't do much to calm the nerves of hesitant homebuyers. Surging listings and double-digit sales declines have a tendency to do that. But, prospective purchasers, this may be the perfect window of opportunity for you to be out there looking for your next home.
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Is Ontario's new Fair Housing Plan, comprising 16 measures designed to stabilize the real estate market while protecting homeowners' investments, actually fair? Or foul? Or is it a fail, even? Well, that depends on what part of the housing market you're in.
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As a single woman living in an increasingly pricey city, buying used is a great way to get like-new items at a fraction of the cost. However, the used economy still presents an element of risk. I've definitely encountered my share of creepy situations in the past. (Case and point: the strange man I interacted with on Craigslist who seemed more interested in "getting to know me" than purchasing my old couch.) No sale is worth compromising your personal safety. Here's a few safety tips to follow when buying and selling online.
Tight supply and strong demand will dominate the GTA market this year, resulting in double-digit home price growth, according to the Toronto Real Estate Board. While this forecast may be good news for existing homeowners, it might be the last thing prospective homebuyers in Toronto want to hear.
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Neighbourhoods are always in a constant state of flux -- real estate developers continuously build new communities, cities enhance public spaces and, as neighbourhoods evolve, the population begins to change over time.
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The slump in new housing construction in the GTA, which is the worst observed in the past 15 years, can be addressed if one were to understand the fundamental axioms of urban economics. The land is a heterogeneous good whose fertility (profitability) varies widely over space. The provision of low productivity land in undesirable remote places does not qualify as land supply.
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By Dr. Vandana Ahluwalia, MD, FRCPC, Chief, Division of Rheumatology, William Osler Health System Patients hear it all the time: "It's just arthritis. There's nothing you can do about it." But for rhe...
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There's an old saying in the real estate industry: Drive until you qualify. Can't afford a home in downtown Toronto? Maybe look a little further from the core -- perhaps Etobicoke, or Mississauga, or Milton, or... Just how far are young home buyers willing to drive?
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For buyers in search of more space and other perks a condo can't offer, finding an affordable place to call home is a tough proposition, even in the burbs. In 2016 so far, the average detached home in the suburban GTA sits at around $855,000, up almost 20 per cent from a year earlier.
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The Rouge River and Valley ecosystem is surrounded by more than 100 square kilometres of publicly owned Greenbelt lands in an unusual location -- next to one of Canada's most-urbanized areas. The Rouge is home to sensitive forest and wetland areas, and more than 1,700 species of plants and animals.
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Renting or buying? The bottom line is that everyone needs a place to live. We've all heard the endless debates of which option is best. The short answer to this topic is quite simple -- it all depends on preference.
Already testing affordability limits, higher new home prices could be among the unintended consequences of the provincial government's announcement on May 10 that it is proposing changes to four provincial plans that shape how land is used in the Greater Golden Horseshoe -- Canada's fastest-growing urban region, the province's economic engine and the home of the Greenbelt.