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- Feed Preview www.stcatharinesstandard.ca - RSS Results in business/real-estate of type article
Niagara's real estate market continues upward trend
Benchmark price of a Niagara home rose to $644,700 from $633,400, a 1.8 per cent increase month-over-month
P.E.I. hoping to attract company to manufacture modular homes for the province
CHARLOTTETOWN - The P.E.I. government says its plan to address the province's housing shortage includes finding a company to manufacture modular homes on the Island.
Cenovus teams with First Nations to build northern Alberta homes amid housing crisis
CHARD, Alta. - Raoul Montgrand, president of the Chard Métis Nation in northern Alberta, called a 200-square-foot camper trailer home for close to two years.
This program is meant to help homeowners challenge Tarion�... Now it’s under review after concerns about its impartiality
“In hindsight, I wish we'd given it more thought at the beginning when we set up the program,” Tarion’s CEO said.
Majority of aspiring homeowners awaiting rate cuts before buying: BMO survey
TORONTO - The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.
Time to sell your investment property? Claim your cottage a...cipal residence? How to navigate the capital gains tax changes
The new rules affect individuals realizing a profit of more than $250,000 on the sale of any asset, including a cottage, investment property or a second home.
This tent listed for $700 a month in Hamilton started as a 'joke.' After overwhelming demand, it may become reality
Lola Alves is considering setting up tents in her Airbnb properties for guests, after her "experiment" drew hundreds of applications - and outrage.
Real estate investors, cottage owners could be hit with bigger tax bill following Ottawa's capital gains change
Real estate investors who sell properties other than their primary residence and have a total gain of more than $250,000 will have to pay 33 per cent more tax.
In federal budget, Ottawa looks to Canada Post land for building housing supply
OTTAWA - The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country's housing market.
Housing starts down seven per cent in March from February: CMHC
OTTAWA - Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
New study finds Hamilton-Burlington third-least affordable region in Canada for housing
Zoocasa study finds Hamilton is less affordable than U.S. cities such as Portland, Ore., Dallas, Texas, Chicago, Ill., and Washington, D.C.
The bank said this single mother couldn't afford her Toronto condo. She now pays nearly double in rent
A screenwriter and novelist was forced to sell her Little Italy condo after she couldn't requalify for a mortgage, pushing the dream of a house for her and her daughter further out of reach.
I love snooping on Toronto-area open houses. Here’s what I saw on my most recent tour
It's a rite of spring: open houses. The writer, like many of us, enjoys seeing how other people live by dropping in on homes for sale. So, what did she see?
This Mississauga family lost their home of 20 years when mo...ents soared. They're just one of thousands who are now at risk
Experts say an unprecedented rise in interest rates has led to more vulnerable Canadians falling behind on mortgage payments, causing an increase in distressed sales and lost homes.
A Toronto landlord did a green reno, then raised rents. Who should be paying the bill?
Apartment's new energy-efficient windows lead to an increase for 200 tenants. It's a problem that can arise even when retrofits are subsidized by public dollars.
Justin Trudeau's grand plan will never solve our housing crisis. Here's why ...
Housing is a municipal and provincial responsibility, writes David Olive, and the unpopular PM lacks a bully pulpit to make the federal initiative happen.
Mild winter leads to hot start for Niagara home sales
Home sale prices now make highrise condos viable in Fort Erie, Port Colborne, says broker.
Liberals say their plan to 'solve the housing crisis' will build 3.9M homes by 2031
OTTAWA - The federal Liberals have unveiled their plan to solve the housing crisis, building on recent announcements with new tax incentives, more than a billion dollars for homelessness and a co...
Toronto home prices expected to overtake Vancouver's later this year, report finds
Royal LePage adjusted its home price forecast higher for 2024 after a strong start to the year coupled with a shortage of homes for sale.
'We’re essentially being held hostage in our own neighbourhood,' say Niagara Falls residents living near shelter
Residents and businesses ask city council for help to solve safety and security issues pertaining to the Niagara Region shelter on Summer Street.
Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO
OTTAWA - The parliamentary budget officer says Canada would need to build 1.3 million additional homes by 2030 to eliminate the country's housing gap.
Ottawa to allow 30-year amortization for first-time buyers' mortgages on new homes
TORONTO - Some advocates are praising Ottawa's move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians would help make ...
To address housing crisis, Canada needs to lower annual immigration intake
Continued immigration is essential to our current and future prosperity. But our total record immigration inflows of the past two years have been too much of a good thing, too quickly, David Oliv...
'It's just an overall explosion in homelessness': Encampment numbers in Toronto have more than doubled over last March
A snapshot of tents and structures in Toronto is trending closer to pandemic spring numbers, according to city hall data.
Ontario bill aims to speed up stalled housing developments, boost student housing
TORONTO - Ontario proposed Wednesday to allow municipalities to enact "use it or lose it" policies on developers, speed up the creation of student housing, and streamline approvals for standardiz...
Ontario looks at counting student residences toward aim of building 1.5 million homes
TORONTO - Ontario is considering counting student residences toward its target of building 1.5 million homes in 10 years, a move opposition parties criticized as a new attempt to inflate the numb...
Spring housing market surge unlikely as affordability, cost of living weigh on buyers
After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't e...
What is a fourplex, the building in the middle of a Jusin Trudeau-Doug Ford housing fight?
The prime minister wants fourplexes, Ontario's premier doesn't. Here's what they are — and what's at stake.
Dozens of preconstruction homebuyers in limbo as Ontario homebuilder goes into receivership
The builder has a track record of "financial mismanagement," according to the HCRA, which cites an "unexplained shortfall" of $14 million in deposit funds
Niagara's spring real estate market heating up early
Niagara Association of Realtors president expects Bank of Canada rate to hold next week
This Toronto multiplex has four units, including a garden suite. They're all for sale — separately
The property is set up as a condominium and offers an "attractive new option" for homebuyers, says a prominent urban planner.
Luxury home sales surge by up to 50% as buyers migrate away from high-priced Ontario market
Mid-sized cities are seeing a bigger jump in luxury sales compared to large urban centres as affordability erodes in Ontario and B.C. especially, Re/Max says.
How Toronto housing developers are building a new spin on the 'company town' in Prince Edward County
Developers are transforming a Second World War-era training base into a new town, with homes for the local workforce.
Housing starts stable in 2023, but demand still outpaces growing supply of apartments
Despite housing starts in Canada's six largest citieshovering at near all-time highs last year, experts warn those levels are still not enough to address the country's housing shortage in the yea...
Business leaders say housing biggest risk to economy: KPMG survey
TORONTO - Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.
Ontario home construction levels up, but still far off pace for 1.5M target
TORONTO - The pace of new home construction is picking up in Ontario, though it is still far off the levels needed for the government to achieve its pledge to build 1.5 million homes by 2031, the...
Pre-construction condo buyers forced to off-load units for as much as $150,000 less than they paid
If buyers continue to sell condos below contract value in assignment sales, the sell-off could lower valuations for entire buildings, experts warn
How The One came undone: Toronto's most talked-about condo ...ged, insiders say — and troubled almost right from the start
Sam Mizrahi is out and insiders say he was in over his head. Mizrahi disagrees, saying issues with stakeholders hindered construction
'Beautiful' 200-year-old Niagara-on-the-Lake home selling for $3.9M
Featured house: Built in 1826, the 0.2-hectare corner property is walking distance to downtown and features four bedrooms, four fireplaces and original hardwood floors
Province will not introduce legislation that automatically approves fourplexes: Ford
Ontario will not introduce legislation to automatically allow fourplex homes to be built across the province, Premier Doug Ford said Thursday.
Ontario putting up more cash for roads, pipes to help get more housing built
RICHMOND HILL, Ont. - Ontario is giving municipalities $1.6 billion more for building key infrastructure to help support new home construction.
Homebuyers are returning to Ontario cottage country, with prices set to jump
Cottage buyers are back but inventory remains tight, says a new report. But don't expect the 'gold rush fever' of the pandemic.
Don't want to end up in a nursing or retirement home? Some seniors are finding creative solutions — on their terms
Retirees not happy with current options are thinking outside ‘the old folks home’ to save money and build a community.
Which would you spend your money on: This home in Simcoe County or that condo in midtown Toronto?
Would you choose this three-bedroom home on a quiet cul-de-sac in a rural centre, or that one-bedroom condo near bustling Yonge Street?
What will Toronto's spring housing market look like? Expert...st-time buyers are back — and prices could jump 6% this year
'It's a return to more historical norms' with sales expected to resemble 2019 levels, experts say.
February housing starts increased 14% from January: Canada Mortgage and Housing Corp
OTTAWA - The pace of home construction rose in February as builders started on more apartments and condos, but the industry continues to struggle under cost pressures.
Canada's largest pensions bet big on commercial real estate — now offices are emptying and valuations are crashing
Major pension plans in Canada face a dip in real estate returns as empty offices and high interest rates take their toll on commercial holdings
A Toronto bungalow was bought and razed. Now the empty lot is for sale — for more
How could an empty lot be worth more than when it had a home? It's a 'problematic' part of Toronto's housing market.
Interactive: Bigger share of GTA suburban homes are tipping into the $1 million-plus range, as another price point disappears
In Newmarket, million-dollar homes were a rarity a decade ago. Now, an MPAC analysis says they make up more than two-thirds of the housing stock.
Better than expected February in Niagara real estate market
Niagara real estate saw increases in sales and new listings, as well as a slight bump in its benchmark price