Buyers can’t get out of home purchase contracts because of COVID-19 “Force majeure” get-out clause doesn’t automatically apply to real estate contracts during pandemic, even if you lose income and no longer want to buy If you’re in the process of buying a home but have lost income due to COVID-19, don’t assume that you’ll be able to get out...
Canada's Mortgage Stress Test Gets Easier To Pass Amid Soaring House Prices It was already probably going to be a hot spring housing market. Now it will be even hotter. 02/18/2020 By Daniel Tencer MONTREAL ― What was expected to be a hot spring housing market in Canada looks set to be a little bit hotter following the federal...
Mississauga’s Square One Shopping Centre to Become the Largest Mixed-Use Development in Canadian History By Craig Patterson Landlord Oxford Properties has revealed details on a groundbreaking development that will transform the area around Mississauga’s Square One shopping centre into the largest mixed-use development in Canadian history. The massive ‘Square One District’ project will see thousands of residential units added to...
The 5 most common mistakes of first-time homebuyers By Camilla Cornell SPECIAL TO THE STAR Mon., Jan. 20, 2020 timer: 2 min. read Feeling excited and a little overwhelmed at the thought of buying a home? You’re not alone — for most Canadians, this is the biggest purchase they will ever make, so it’s important to get it right. Read on...
Average Mississauga condo price jumps nearly 20 per cent in 12 months NEWS Dec 10, 2019 by Graeme Frisque - Mississauga News The average price for a condo in Mississauga has climbed nearly 20 per cent in just 12 months. The average price for condos in Canada’s sixth-largest city has grown significantly over the past year to more than $500,000 per unit....
Six real estate trends to watch for in 2020 Thankfully, success in real estate doesn’t require an ability to predict the future. But having an idea where the market is heading is critical to making the right decisions. PropertyGuys.com recently released a list of six trends that the company feels will have a lasting, potentially transformative effect on Canada’s real...
RE/MAX Ontario Housing Market Outlook Average home price expected to rise by 3.7% next year • Increased consumer confidence could be a key factor affecting the housing market in 2020 • 51% of Canadians are considering a home purchase in the next five years, up from 36% at the same time last year • Only two in 10 Canadians say...
By Donovan Vincent, Housing Reporter It’s becoming more common in Toronto and the GTA — a team of developers coming together to work on one massive housing or mixed-use project. That’s what’s happening with Lakeview Village, a multibillion-dollar mixed-use project planned for 177 acres on the former site of the decommissioned coal-fired Lakeview Generating Station, just east of Port Credit in...
