Omicron variant emergence may extend period of unusually strong real estate markets The GTA is the only region where condominium price appreciation is forecast to outpace that of detached homes; prices expected to rise 12.0% year-over-year in 2022 Greater regions of Toronto and Vancouver forecast to see highest aggregate price appreciation at 11.0% and 10.5%, respectively Detached home prices in Halifax expected to rise 10.5%, followed by the Greater Montreal Area and Ottawa... [read more]

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]