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Showing posts from April, 2019

Court rejects cancelled Cosmos condo buyers’ application to void contracts

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http://bit.ly/2ZKW7mF The buyers argued that their purchase agreement in the Liberty Developments project was unlawful. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2VBuld0 via IFTTT Need a mortgage?: Mortgages Victoria

Cancelled Cosmos condo buyers’ lawyer argues purchase contracts were ‘unlawful’

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http://bit.ly/2XD0JcI An Ontario court judge has reserved his decision on the case that centres on the wording of the buyers’ agreements. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2W48x6O via IFTTT Need a mortgage?: Mortgages Victoria

Realtors oppose mandatory sharing of offers among competing home buyers

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http://bit.ly/2Gvqztz The association says buyers and sellers should be allowed to choose whether to share the details of competing offers. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2DjqTtr via IFTTT Need a mortgage?: Mortgages Victoria

College kids live like kings in pop artist’s mansion thanks to Vancouver’s topsy-turvy housing market

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http://bit.ly/2VPqKVA In the world of Vancouver’s housing, where Chinese investors are decamping and low-ball offers are the norm, students can find themselves living in the lap of luxury from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2KIuCGY via IFTTT Need a mortgage?: Mortgages Victoria

Canada should revisit mortgage rules as housing cools, CIBC says

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http://bit.ly/2UFGEW8 While the new rules had the desired effect of improving overall credit quality, it has also led more borrowers into the unregulated sector for financing, resulting in a significant market-share increase for alternative lenders, says deputy chief economist Benjamin Tal. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2VJrH1I via IFTTT Need a mortgage?: Mortgages Victoria

The taxes that sent Vancouver’s luxury housing market reeling

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http://bit.ly/2GhIsur It’s become more costly to both buy and own homes in Vancouver, particularly for non-resident investors and foreigners. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2Git4Om via IFTTT Need a mortgage?: Mortgages Victoria

Would you pay $2 million to live at the end of someone else’s backyard?

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http://bit.ly/2ImrjDc This “coach house” is part of a growing trend amid the city’s housing shortage of squeezing in homes where you can. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2IDKLeh via IFTTT Need a mortgage?: Mortgages Victoria

Ernest Hemingway’s former Toronto home up for sale

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http://bit.ly/2WS5MFK The Bathurst St. condo is selling for $730,000. “Before it’s sold I will be having a whiskey in his writing room just to connect with him somehow,” says listing agent. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2P21LMo via IFTTT Need a mortgage?: Mortgages Victoria

Shove ‘bully bids’ out of housing market, says real estate association

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http://bit.ly/2GcvfEB The industry group recommends eliminating pre-emptive offers to ensure fairness among property buyers. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2uUemYI via IFTTT Need a mortgage?: Mortgages Victoria

Canadian homebuilding rebounds from an early deep freeze

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http://bit.ly/2I7uEGf Economist says ‘Canada’s housing market is down but far from out’ with uptick in March highlighting the buoyancy of the nation’s battered real estate market from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2G8YPKM via IFTTT Need a mortgage?: Mortgages Victoria

Ontario realtors advise government to end so-called ‘bully’ offers

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http://bit.ly/2OW0INY “Bully” offers are submitted by a buyer ahead of a seller’s established offer date, a move usually made to avoid competing with other buyers and pressure the seller into accepting the bid. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2uTvcHi via IFTTT Need a mortgage?: Mortgages Victoria

Pace of housing starts up in March on seasonally adjusted basis, says Canada Mortgage and Housing

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http://bit.ly/2UAs2ql The reading came as starts of urban multiple-unit projects such as condominiums, apartments and townhouses increased 18.6 per cent to 135,894 units in March. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2I4NuxR via IFTTT Need a mortgage?: Mortgages Victoria

Ramen Row could be gobbled up by Vancouver’s downtown redevelopment frenzy

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http://bit.ly/2VuifPy Though competition between ramen shops is more fierce than ever, with a string of new eateries opening in recent years, rezoning and surging property values in the West End threaten to snuff out the small businesses that bring character to the area. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2CZkgMI via IFTTT Need a mortgage?: Mortgages Victoria

How do you stop developers from cancelling condos? Buyers, lawyers and builders weigh in

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http://bit.ly/2G3MWpu Cancelled projects are taking a toll on consumers and the building industry. But can developers be punished for killing projects? from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2G4OArd via IFTTT Need a mortgage?: Mortgages Victoria

Toronto housing market steadies as sellers bide their time

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https://ift.tt/2UhxZcb Home sales in Canada’s biggest city totalled 7,187 in the month, one sale shy of the same month a year ago, the Toronto Real Estate Board reported Wednesday. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2Ud9L2F via IFTTT Need a mortgage?: Mortgages Victoria

Park Hyatt makeover includes revamped rooftop bar, luxury rental apartments

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https://ift.tt/2Vcuct6 The landmark site at Bloor St. and Avenue Rd. will feature a restored rooftop patio bar — known as a favourite for celebrities during the Toronto International Film Festival. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2CQwWp7 via IFTTT Need a mortgage?: Mortgages Victoria