Explaining the Canadian construction price index

Wednesday Feb 23rd, 2022

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It's no secret that real estate prices have been up, but they aren’t the only price that's been increasing. In fact, almost everything has been going up in price these days. One major component of real estate –construction – has been going up in price significantly as well. Just how expensive has construction become? How have prices grown over the last few years? What are the forecasts for construction costs? Let's take a look. What is the construction price... [read more]

How to keep your plants happy and healthy this winter

Wednesday Jan 19th, 2022

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Winters in Canada can be cold and dark, and just like us, our delicate plants – indoor and outdoor plants alike – need some special attention this time of year. So, show your plants a little TLC this winter by giving them a warm, dry place to wait out the cold weather until spring.  Follow this list of helpful tips to keep your plants happy and healthy through the winter months. Keep it bright. Expose your plants to as much sunlight as possible by keeping them by a... [read more]

July Market Statistics for July 2021

Tuesday Aug 17th, 2021

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In July, 9,390 properties were sold in the GTA; a 15% of decline from the record setting in July of 2020. However, volume remains higher than is typical this time of the year. In terms of price, the average price across all property types continues to climb hitting 1,062,256 which is 12.6% higher than a year ago. Our stats indicate that the market remains competitive and houses are selling faster than they did in July 2020. Last month, the total days on market for all sold property types across... [read more]

Royal LePage: Canadian home price forecast revised upward to 16% as roaring spring market eases into summer

Wednesday Jul 14th, 2021

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Second quarter regional highlights: Aggregate price of a home in Canada rose 25.3% year-over-year in the second quarter Demand expected to outstrip supply with upward pressure on prices, yet the pace of increases should moderate as peak price appreciation was reached in early Q2 Greater Montreal’s aggregate home price forecast to increase 17.5% year-over-year; the highest in Canada among forecasted regions Detached house prices continue to outpace condo appreciation, but the... [read more]

April Market Statistics 2021

Tuesday May 25th, 2021

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After 2021’s 1st Quarter of record sales, price appreciation, and market pace, the GTA’s robust spring market continued setting records in April. As the market in April 2020 was essentially frozen due to the pandemic, replacing year over year comparisons with 2015-2019 April averages offers better insight to how this April stacked up. April 2021’s record breaking sales for the month were 32% higher and active listings were approximately 26% lower compared to the five-year... [read more]

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