Real Estate News

Canadian buyers returning to major cities, expecting to spend more: BMO survey

A new home finance survey from the Bank of Montreal has found that, among other things, more Canadians are looking to buy in major city centres as business picks up once again at urban offices. The survey notes that interest in buying a home in a major city centre has risen 5%
Royal York in The News

Innovators across North America changing their industries’ landscapes

From real estate to blockchain, these 7 entrepreneurs are pushing forward with creativity. Who said business must be done as usual? The strongest advancements come from those willing to think outside of the box. Read on to learn about seven disruptors who will inspire you with their original thinking and
Real Estate News

Ontario budget projects larger deficit, billions for infrastructure

Ontario’s Progressive Conservatives are veering off a path to balance with an election budget loaded with billions of dollars in hospital, highway and transit investments. The document, set to serve as the Tory platform during a campaign expected to kick off next week, has the party projecting Ontario will be
Real Estate News

Hiking development charges will only make homes more unaffordable

Builders and developers must overcome myriad planning, zoning, and logistical hurdles as well as rustle through a lot of red tape, rules, and regulations to get residential projects built in Toronto. It all comes with a hefty price, of course. The more time and money a developer spends navigating the
Real Estate News

Canadian Real Estate Has “Amplified Risk” For Lenders, False Income Common: OSFI

Canada’s bank regulator is getting its ducks in a row after a routine audit to assess financial system risk. The Office of the Superintendent of Financial Institutions (OSFI) published its first Annual Risk Outlook last week. The report covers systemic risks to the system, including a home price crash. Amongst the issues