Canadian Real Estate Continues to Soar – StatsCan Report

June 22, 2016 Jelani Smith 0

According to the recent StatsCan report, spending on new residential construction totalled $4.2 billion in April 2016, up 8.4% form the same month a year earlier. The increase was influenced by the higher investment in apartment and apartment-condominium buildings, which has risen 20.8%, to $1.5 billion. There was also higher spending on row houses (more commonly known as townhouses, or […]

Can Justin Trudeau Cool Down the Hot Toronto Real Estate Market?

June 20, 2016 Jelani Smith 0

The Toronto Real Estate market have always been hot, with 22 years of consecutive price growth. Recently, the number of condos sold in Toronto have outpaced Manhattan, according to Michael Kalles, president of Harvey Kalles Real Estate LTD., Brokerage. According to the Toronto Real Estate Board (TREB), the average detached home in the city of Toronto is a little over $1.2 […]