Tag: Real Estate

8 need-to-know stats about the Canadian housing market heading into 2019

While there have been plenty of predictions about where the Canadian housing market might be headed in the new year, it’s important to take stock of where activity levels stand today. Without the proper context, even the best forecasts from industry experts can be difficult to fully grasp.

With this in mind, Livabl has collected 10 stats about the market, covering everything from the slowly warming Toronto housing market to new homes sales numbers, luxury home prices, and more.

Market volatility reflected in select neighbourhoods’ appraisals

“When sales-to-new listings ratios per neighbourhood fluctuate, it hits some neighbourhoods first,” explained John van Oosterhout, director of partnerships at Value Connect. “Higher-end neighbourhoods are usually affected first, as are neighbourhoods with a high number of investment properties.”

43% of Canadian families have given up on the dream of a low-rise home

The majority of young Canadian families would prefer to live in a single detached home, but many have given up on the dream of ever being able to buy one.

In fact, 43 percent of families surveyed in a recent report from Sotheby’s International Realty Canada said that high detached home prices meant they had to settle for higher density housing.

North American real estate beats global sustainability performance

A benchmark of sustainability performance by real estate companies and funds across North America has found an improved level of, especially in Canada. The 220 firms and funds were reviewed by GRESB – the global environmental, social and governance (ESG) benchmark for real assets –   on behalf of 75 institutional

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East Coast Mortgage Brokers is Newfoundland and Labrador’s premier mortgage company. Founded in 2010, we work with Canada’s top lenders to ensure our clients get the best deal for their mortgage.