Tag: housing
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Toronto townhouse listed 4 times in 1 year demonstrates how much prices have fluctuated
The real estate market in Toronto is seeing fluctuations as evident in the recent listing history of a townhouse located at 46 East Liberty St. The townhouse, with two bedrooms and two bathrooms, has been listed four times within a few weeks, highlighting the city’s unpredictable housing market. The initial listing on Oct. 2, 2023,…
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Ontario builders are offering $45k in gold bars as incentive for home buyers
In the face of a challenging real estate market in Ontario, developers are unveiling unusual tactics to entice potential homebuyers. A new residential development, River & Sky, set to launch in Woodstock, is offering an eye-catching deal – purchasers of these single-family detached homes could receive an enticing 500-gram gold bar, each valued at an…
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Navigating Mortgage Renewal: Why Ontario Homeowners Should Pay Attention
In a recent survey by Royal LePage Real Estate Services, it has been revealed that Ontario homeowners are increasingly concerned about their upcoming mortgage renewals. The survey, conducted in 2023, highlights the impact of interest rate hikes by the Bank of Canada since March 2022 on mortgage holders in Ontario. Here’s why homeowners in Ontario…
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Toronto Mall Set for Demolition to Pave the Way for 8 Massive Towers and a Park
Toronto’s malls are undergoing significant transformations, and these changes could have a notable impact on the residents of Ontario. As new development opportunities take the spotlight, the traditional landscape of brick-and-mortar retail is facing challenges. Rising property values and the increasing popularity of online shopping are two major factors that pose a threat to the…
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Ontario’s Most Expensive Neighborhoods: Where the Elite Reside
Ontario is home to some of the most expensive neighborhoods in Canada, attracting wealthy individuals and families from around the world. These neighborhoods offer luxurious homes, top-rated schools, and exclusive amenities that cater to the elite. If you’re looking for a high-end lifestyle, here are Ontario’s most expensive neighborhoods to consider: Forest Hill, Toronto Forest…
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The Best Cities to Raise a Family in Ontario
Ontario is a province full of diverse cities, each with their unique charm and appeal. When it comes to raising a family, however, certain cities stand out above the rest. From quality schools to family-friendly activities, these are the best cities to raise a family in Ontario. Located on the shores of Lake Ontario, Oakville…
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Real Estate Showdown: Alberta vs Ontario – Which Province Offers Better Value for Homebuyers?
The real estate markets in Alberta and Ontario are two of the most active and sought-after in Canada. While both provinces offer unique advantages for homebuyers, the prices can vary significantly. In this article, we will compare the prices of real estate in Alberta and Ontario to help potential buyers make informed decisions. Alberta Real…
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Bank of Canada raises key interest rate for the 10th time since March 2022
The Bank of Canada made a significant decision by raising its benchmark interest rate by 25 basis points, bringing it to a notable five percent, a level unseen since April 2001. This move was widely expected by economists due to the positive indicators from the June labour force survey released by Statistics Canada. The survey…
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Toronto’s Tiny Home Dilemma: Exploring the Controversy Surrounding Laneway Houses
In recent years, Toronto has seen a surge in the construction of laneway houses, compact dwellings discreetly integrated into backyards and laneways across the city. However, this emerging trend has sparked a divisive debate within the community, as not everyone embraces this alternative form of housing. One notable example is the laneway house located behind…
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Housing on a Budget: Affordable Canadian Cities to Buy a Home
If you’ve been house hunting in Canada, you may have noticed that finding an affordable home can be a daunting task. However, according to RateHub’s March data, there are several cities in Canada where you can buy a house without breaking the bank, even on a moderate budget. Topping the list is Winnipeg, where the…
Canada Housing Market 