The real estate records continue to tumble this year. Home sales in London-St. Thomas set a record in September with 716 detached homes and 150 condos … Read More
Ottawa has Brought this Country’s Housing Fantasy to an End
The fantasy of endlessly rising house prices is over. If the housing market doesn’t respond to measures announced by the federal government on Monday, then … Read More
Ottawa Tightens Mortgage Requirements and Targets Foreign Money
Ottawa has announced new rules aimed at limiting foreign money into Canadian real estate and ensuring that borrowers take on mortgages they can afford. “Overall, I believe … Read More
Region Delays Development Charge Bylaw
WATERLOO REGION — The Region of Waterloo wants more time for an update to the regional development charges bylaw to consider issues and requests raised … Read More
Controversial Revamped 155 Caroline Build Gets Council OK
WATERLOO — Waterloo councillors were surprisingly amenable to a proposal for condos at 155 Caroline St. S. With three politicians absent, council unanimously approved a … Read More
Renovation Boom Underway, CMHC Says, as Empty Nesters Need More Space for Adult Chicks
Aging Canadian homeowners are increasingly deciding to stay where they are and renovate instead, especially since more adult children are still living under their roof. … Read More
Real Estate Groups Lobby Against Calls for GTA Foreign Buyers Tax
Calls for the implementation of a tax on foreign buyers of property in the Greater Toronto Area are “premature,” a pair of real estate groups … Read More
Developer Looking to Fill Apartment Gap in Byron
New apartments may be coming to Byron. Treadstone Developments has bought four homes on Commissioners Road and presented city hall with plans for a five-storey … Read More
Ontario Will Need to Implement Foreign Buyer Tax on Housing, CIBC Says
A prominent economist says that Ontario will have little choice but to implement a tax on foreign house buyers, similar to the 15 per cent … Read More
‘Nightmare’ School that Became a Gang Hangout is Torn Down
KITCHENER — Neighbours are pleased the Catholic school board is demolishing a vacant school plagued by vandals. St. Patrick Catholic Elementary School closed in 2010 … Read More