With Canada’s national housing supply being at the lowest levels seen in 12 years according to the Canadian Real Estate Association (CREA) and home sales rising 0.6% nationally from October to November 2019 (for the ninth straight month of increases), it’s clear that the Canadian housing market is on fire. Continue reading
A generally positive fall is underway with a relatively strong real estate market in Canada. This is great news for those investing in real estate, which continues to show strength over the long term as a means to build wealth in Canada.
While news headlines show dramatic changes in market conditions from 2016 to 2017, if one looks deeper, the picture is much more stable than would first appear. It’s important to note that 2015 and 2016 were not typical years. With an almost frantic pace fueled by low inventory, buyers scrambled to buy, resulting in bidding wars and a huge upswing in sales numbers. The activity seen in those two years make the return to more normal conditions in 2017 and 2018 appear much more dramatic than they actually are. Continue reading
Toronto is the city of choice for world renown builder BAZIS Inc. Ranked as one of the safest cities in the world, Toronto is liveable, multicultural, beautiful, and rapidly growing! It is undeniable that Toronto is booming, the local real estate market is one of the hottest in North America. But with new residential and commercial developments sprouting at a rapid rate, it is vital to ensure that urban builders don’t just have profits in mind. BAZIS Inc. is a perfect fit for the Toronto real estate market. They understand the complexities of vertical, urban architecture, and the foundations needed to build luxury living spaces that promote a sense of community within a busy urban core. Continue reading
Condo market still hot as key factors continue to drive prices up – at a more moderate rate.
Reports indicate that while the GTA real estate market has cooled a little, the indicators are still projecting healthy 2017. With only 2 months’ housing supply, low-interest rates, and high demand, it’s still a good time to buy. Continue reading
2016 proved to be another record setting year in the real estate market with particular sales growth being experienced for condominium apartments followed by detached homes. Continue reading