ontario real estate news News and Articles | My Blog
Ontario housing supply overstated by almost 1 million, land development study reveals
2/22/2024 | Posted in Ontario Real Estate by Paul DeAdder
Discrepancy debunks notion that construction industry is 'sitting on supply,' say developers
... MoreNational home prices close out 2023 above prior year, despite continued slowdown in market activity
1/15/2024 | Posted in Canadian Housing Market by Paul DeAdder
Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada,
... More6/21/2023 | Posted in Rental Market by Paul DeAdder
The number of people renting in Ontario is going up, and so are rental prices, putting more pressure on an already precarious housing system.
... MoreOntario freezes evictions, temporarily halts scheduled orders due to COVID-19
3/25/2020 | Posted in Ontario News by Paul DeAdder
The Ontario government has confirmed that it will temporarily not issue any new eviction orders and will halt the enforcement of evictions during the COVID-19 outbreak.
... MoreOntario's first-time buyers prefer detached homes and townhouses over condos
3/14/2020 | Posted in Ontario Real Estate by Paul DeAdder
Condo developers in Ontario looking to sell units to millennials and first-time home buyers could be barking up the wrong tree, according to a new survey from OREA.
... MoreTarion adds new protection for condo buyers
11/3/2019 | Posted in Ontario Real Estate by Paul DeAdder
Ontario home warranty provider will require greater disclosure and information sheets.
... MoreRising home prices in Ontario cities fuel slight increase in Canada overall
7/15/2019 | Posted in Canadian Housing Market by Paul DeAdder
The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario.
... MoreNew GTA home sales jumped 94% in May compared to a year earlier
6/27/2019 | Posted in New Developments by Paul DeAdder
There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% ... More
Ontario passes legislation to cut red tape, ease housing crisis
6/7/2019 | Posted in Ontario Real Estate by Paul DeAdder
The Ontario government has passed legislation which aims to tackle the province’s housing crisis.
... MoreOntario Realtors advise Ford government to end 'bully' offers
4/8/2019 | Posted in Ontario Real Estate by Paul DeAdder
Industry association also wants its regulator to have more power to 'kick out' unethical agents
... MoreOntario accounts for much of Canada's home price growth
2/22/2019 | Posted in Ontario Real Estate by Paul DeAdder
Ontario was the epicentre of Canadian home price growth in the past 5 years, according to a new analysis.
... MoreGGH region forecast to lead growth in new home sales
1/10/2019 | Posted in Ontario Real Estate by Paul DeAdder
Sales of new homes should be positive in 2019 despite the challenges of affordability and interest rates.
... MoreOntario scraps rent control for new units
11/20/2018 | Posted in Ontario Real Estate by Paul DeAdder
Starting immediately, rent control rules will no longer apply to buildings and flats being rented for the first time, the Progressive Conservative government announced ... More
OREA asks Ontario to allow open bidding process, revamp realtor rules
10/12/2018 | Posted in Ontario Real Estate by Paul DeAdder
The Ontario Real Estate Association is making more than three dozen recommendations to the provincial government on how it should update the rules governing realtors, including ... More
OREA welcomes planned repeal of Green Energy Act
9/21/2018 | Posted in Ontario Real Estate by Paul DeAdder
The Ontario Government is planning to repeal legislation that would require home sellers to obtain a home energy audit before the sale.
... MoreOntario baby boomers are planning to downsize or move out of big cities
8/8/2018 | Posted in Ontario Real Estate by Paul DeAdder
Parents re-entering the market after their children stayed home longer than normal, survey says.
... MoreLocation, location, location: Why our national housing market is a myth
7/30/2018 | Posted in Toronto Real Estate by Paul DeAdder
Haider-Moranis Bulletin: For Canadian homebuyers, the only numbers that matter are local.
... MoreNon-Toronto markets in Ontario see accelerated home price growth
7/25/2018 | Posted in Ontario Real Estate by Paul DeAdder
While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ... More
Low likelihood of a serious price correction in Ontario: CMHC
6/14/2018 | Posted in Ontario Real Estate by Paul DeAdder
Current price correction in Ontario housing market does not resemble historical price bust periods according to the latest report from Canada Mortgage and Housing ... More
Ontario's curb on foreign buyers appears to have worked
4/26/2018 | Posted in Ontario Real Estate by Paul DeAdder
The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles ... More
Province to lift electric vehicle roadblocks for condo owners
4/23/2018 | Posted in Ontario Real Estate by Paul DeAdder
Condo dwellers in Ontario will soon have an easier time charging their electric vehicles at home, part of a province-wide plan to reduce emissions and fight ... More
Marijuana legalization's effect on real estate in Canada
11/26/2017 | Posted in Real Estate News by Paul DeAdder
Real estate agents want to know if you've grown pot in your home.
... MoreCondo disputes can now be resolved online
11/8/2017 | Posted in Ontario Real Estate by Paul DeAdder
Ontario's new condo tribunal is accessible but will only mediate and adjudicate one kind of dispute to begin.
... MoreToronto-area new housing starts drop 42 per cent in October
11/8/2017 | Posted in Ontario Real Estate by Paul DeAdder
Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More
Ontario stabilizing amid Fair Housing Plan, new mortgage rules - RBC
10/24/2017 | Posted in Ontario Real Estate by Paul DeAdder
A renewed boost of consumer confidence will make itself apparent in the increased stability of Ontario’s residential real estate market, a few months after the ... More
Ontario to streamline housing development process
9/29/2017 | Posted in Ontario Real Estate by Paul DeAdder
In an announcement earlier this week, the government of Ontario stated that it has established a new team tasked with removing the multiple barriers to housing construction and ... More
Ontario needs more than 6,000 new rental units a year says report
9/26/2017 | Posted in Ontario Real Estate by Paul DeAdder
The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade.
... MoreNew eviction rules in effect to protect Ontario tenants
9/1/2017 | Posted in Ontario Real Estate by Paul DeAdder
Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ... More
Toronto casts shadow over nation's home sales, but realtors see signs market bottoming out
8/16/2017 | Posted in Ontario Real Estate by Paul DeAdder
Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.
... MoreOntario begins rolling out new condo-board regulations
8/1/2017 | Posted in Ontario Real Estate by Paul DeAdder
Names of Ontario condominium directors will be listed in a public database under new regulations unveiled this month, as the province begins to implement a new law to protect ... More
