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Price of new-construction homes dropped $60,000 in January, new BILD report says

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https://ift.tt/T7XSDWs Inventory of new single-family homes remains dire, but new project launches alleviated the shortage on the condo side. from TORONTO STAR https://ift.tt/M1auzCI via IFTTT Need a mortgage?: Mortgages Victoria

Heating bills are going up. These little fixes and lesser-known government grants can help you save money

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https://ift.tt/3AwqFcQ Covering the house with rugs and thick curtains will reduce how cold your home feels, while sealing cracks in windows and doors will keep cold air out. from TORONTO STAR https://ift.tt/3oNfTNm via IFTTT Need a mortgage?: Mortgages Victoria

A streamlined process that gets you into your new home faster and cheaper? That’s the goal of new startup RIOS

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https://ift.tt/3acIqTV The data-driven initiative aims to revolutionize Ontario’s home-building industry, eliminating inefficiencies around approvals and communication to boost supply and eliminate delays. from TORONTO STAR https://ift.tt/3iDHmx8 via IFTTT Need a mortgage?: Mortgages Victoria

Toronto area home prices shoot up by another 13% as new listings suddenly plunge

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https://ift.tt/3kUOrtx ‘The supply of homes is not keeping pace with demand,’ says Toronto real estate board president. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/3zOKixC via IFTTT Need a mortgage?: Mortgages Victoria

New homes set record in July with prices for single family homes up almost 30%

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https://ift.tt/3gNbs04 Although sales have slowed this summer, the homebuilders’ association says a shortage of inventory is contributing to a lack of affordability. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2V0Gfim via IFTTT Need a mortgage?: Mortgages Victoria

‘It’s wrong on all possible levels’: Critics slam development group buying $1-billion in single-family houses for rentals

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https://ift.tt/3vvrUH6 Toronto-based condo developer Core Development Group’s plan to buy $1 billion worth of single-family homes to rent them out has sparked outrage from critics who say it’s an example of corporations profiting from the country’s housing crisis. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/35ndz4B via IFTTT Need a mortgage?: Mortgages Victoria

Is the condo sales slump over? Toronto-area new construction sales near pre-pandemic levels in Q1

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https://ift.tt/3aZtgT3 The strong Toronto condo sales at the start of this year have prompted some developers to move ahead with second-quarter launches, says Urbanation, a market research firm that tracks development from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2RmkabQ via IFTTT Need a mortgage?: Mortgages Victoria