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Canadian Home Sales Inched Up in March

Canadian Home Sales Inched Up in March

by Phil Hall | Apr 12, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales across Canada were up by 0.5% from February to March, according to data from the Canadian Real Estate Association, while actual (not seasonally adjusted) monthly activity was up by 1.7% from one year. The number of newly listed properties declined 1.6%...
Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage

Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage

by Phil Hall | Apr 8, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Canadian Prime Minister Justin Trudeau is advocating for modular and prefabricated homes as the solution to meet his country’s housing shortage. According to CTV News, Trudeau’s government is planning to allocate more than $600 million in the upcoming federal budget...
Canadian Home Prices Flattened in February

Canadian Home Prices Flattened in February

by Phil Hall | Mar 18, 2024 | Current News & Events, International Real Estate News, Real Estate Investing, WRE News Exclusive

The prices for existing Canadian homes were flat in February, ending a declining streak that began last fall. According to the Canadian Real Estate Association (CREA), nationwide home sales in February were down by 3.1% from January. The actual (not seasonally...
Toronto City Council Approves 9.5% Residential Property Tax Hike

Toronto City Council Approves 9.5% Residential Property Tax Hike

by Phil Hall | Feb 15, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Toronto City Council voted to approve a 9.5% residential property tax hike, the largest of its kind in more than 25 years. According to a CBC report, the vote during a special budget meeting on Wednesday was based on the rate proposed by Mayor Olivia Chow. The...
Canadian Home Sales Up in January

Canadian Home Sales Up in January

by Phil Hall | Feb 14, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales activity recorded over Canadian MLS Systems in January was up by 3.7% from the previous month, according to the latest data from the Canadian Real Estate Association (CREA). The actual (not seasonally adjusted) monthly activity came in 22% above January...
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