Laura Hanrahan

The BoC head instead pointed to other aggravating factors, like the lack of housing supply, exacerbated by “zoning restrictions, delays and uncertainties in the approval processes, and shortages of skilled workers.”

Blackstone recently acquired Toronto-based Tricon Residential in a $3.5B deal that saw the giant asset manager buy up all outstanding common shares of Tricon in order to take it private.

The email, sent from the personal email account of Clark’s Chief of Staff, Ryan Amato, to the personal email account of Ford’s principal secretary, details selection criteria for the controversial Greenbelt land removal.

The biggest hits were taken in the 905 region, where price declines for each type of housing were greater than those in Toronto.

This would cut the interest rate, which currently sits at 5%, by more than half — a move that would be extremely welcomed by borrowers saddled with, in many cases, prohibitively high mortgage payments.

The City of Toronto is planning to build 100 rental units on Dundas Street West between Shaw Street and Ossington Avenue.

After many months of sky-high interest rates, some lenders are offering five-year insured fixed-rate mortgages at slightly more appealing rates.

High borrowing costs, uncertain economic conditions, and a general lack of affordability have strangled home sales this year, pushing many would-be buyers to wait on the sidelines until purchasing makes more financial sense.

REACH Developments, founded earlier this year, has submitted plans to the City of Toronto to build a 46-storey condo tower on Sheppard Avenue East, just a stone’s throw away from the newly improved Agincourt GO station.

Canada may be home to a number of world-class ski regions, but home sales in many of those snow-covered areas have been in need of a lift this year.According to a new report from Royal LePage, the majority of winter recreational regions surveyed (59%) recorded double-digit declines in the number of ...