Last month, Canadian home prices encountered a setback due to increased interest rates, marking the first decline in five months according to the latest Teranet-National Bank Composite House Price Index. The index, which monitors home prices across 11 CMAs based on observed or registered sales at least twice, experienced a 0.4% drop on a seasonally adjusted basis between September and October. Before...
Love may be everywhere but it’s still a shock to find it at the thoroughly unremarkable intersection of Queen’s Quay and York Street in downtown Toronto. Until recently, this was where the off-ramp of the eastbound Gardiner Expressway dumped traffic into the city. Then came Love Park. When it opened in June, it changed everything; a corner long avoided by anyone not behind the wheel of a...
In just one week, CentreCourt sold 95% of its pre-construction condo units during the first-phase launch of Pickering City Centre — a sprawling high-rise development planned for the site of the Pickering Town Centre mall. When it comes to high-rise condo buildings popping up in Ontario, cities like Toronto, Mississauga, Hamilton, and Ottawa might come to mind as hotbeds of activity. Pickering, a city...
It can be challenging to navigate the new home buying process in Canada. We are here to help - and have compiled a few tips on purchasing a pre-construction home or condo in Ontario. 1. Research your builder Pre-Con Tip #1 - Always make sure to research the builder you are purchasing from to make sure they are an accredited builder. The Ontario Builder Directory (OBD) is an online...
by PreConCentral.com