In Toronto real estate, a study by real estate consultant Urbanation and obtained by CBC News shows much of Toronto’s high rise construction in 2016 is being fuelled by demand from renters who are either unable or unwilling to pay record prices for real estate. It’s a significant change from the previous decade’s boom, which was spurred primarily by […]
Archives for November 2021
Real estate transparency law, how it works
In real estate law, confidentiality rules mean bidders can’t see contents of other bids, but Ontario legislation has transparency rules, too. In toronto real estate, when you’re involved in a bidding war for a home and you lose, it can be frustrating and discouraging — even heartbreaking. Especially when you find out that […]
SPIS real-estate document could induce a path to court
In toronto real estate, the Seller Property Information Statement (SPIS) continues to be the single most dangerous document in current use in the real estate market. Since 1997, when the form first came into use, there have been 94 reported Ontario court cases centred on the document. Across the country, the total exceeds 250. […]
Toronto real estate is facing maximum bubble risk in North America – UBS bank
Toronto real estate is facing maximum bubble risk in North America – UBS bank Swiss іnvеѕtmеnt bаnk UBS might thіnk twісе about lеndіng оut $4 million for thаt Toronto bungalow, ѕіnсе thе multіnаtіоnаl dееmѕ the сіtу’ѕ rеаl estate mаrkеt thе ѕесоnd biggest rіѕk іn thе wоrld. Thе UBS Global Rеаl Eѕtаtе Bubblе […]
Low-rise homes have gained impressive 10-year result
In toronto real estate, further proof that property investment in Toronto hot market has been a solid choice – as if it was really needed. The average price of a low-rise home in the Greater Toronto has more than doubled since 2006, according to the Building Industry and Land Development Association (BILD). The average […]