Better Dwelling - Canada’s Fastest Growing Real Estate News Source
November 8, 2024. Canadian rents are showing the first sign of weakness since the pandemic kicked off. A new report from Urbanation & rentals.ca shows the average rental price fell to $2,151 per month in October, down 1.2% since last year. It was the first year-over-year (y/y) drop since July 2021, with the 3-month trend showing annual growth ...
Toronto Real Estate, News and Analysis - Better Dwelling
Dec 3, 2020 · September 10, 2020. Greater Toronto real estate has seen sales surge, and the detached market is leading the way. Toronto Regional Real Estate Board (TRREB) data shows detached sales nearly reached a record high in August. Most of the activity surge has been in the 905 suburbs, but the City’s buyers don’t seem to have noticed.
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Douglas Todd: Vancouver still suffering fallout from ‘students’ buying mansions
About Better Dwelling - Better Dwelling
Better Dwelling is Canada’s largest independent housing news outlet, a distinction we’ve acquired in a very short time. We provide a balanced, data-driven perspective to help millennials understand complex issues surrounding housing — a topic that impacts all of us. Although we’re fairly young, our readership has grown quickly, proving ...
Vancouver Real Estate, News and Analysis - Better Dwelling
Nov 26, 2020 · February 2, 2021. Greater Vancouver real estate is soaring, but it’s uneven across the region, and all segments. Real Estate Board of Greater Vancouver (REBGV) data shows prices generally advanced in December. Suburban homes represented most of the price gains. The City’s condo apartments even continued to see price growth decelerate.
Category: Toronto - Better Dwelling
Oct 4, 2024 · June 11, 2024. If Greater Toronto is still ahead of the national curve, Canada may be in trouble. Statistics Canada (Stat Can) data shows the unemployment rate climbed sharply in May. Rising unemployment is a national trend, but the rapid pace at which it’s climbing can be attributed to Greater Toronto, home to a third of the increased […]
Canadian Detached Home Prices Are Plummeting, Here Are The …
Jan 3, 2023 · Canada’s single-family real estate market has been hard hit after years of frothy growth. A benchmark home fell to $794,000 in November, dropping 1.4% (-$10,900) in the month. Prices are now 17.8% (-$172,200) lower for the segment compared to the peak. The correction is now widespread across the country, with not one market still at the all ...
Canadian Real Estate Prices Have Officially Crashed In 18 Markets
Dec 29, 2022 · Canadian Housing Has Crashed In 18 Markets So Far. Markets experiencing the largest percentage point decline have shed a quarter of their value. The biggest drops were observed in London-St Thomas (-26.1%), Kitchener-Waterloo (-25.8%), and Cambridge (-25.1%). All three markets have officially crashed, with 18 major market indexes showing a crash.
The Smith Maneuver: The Loophole Canadian Real Estate Owners …
However, one of the worst kept secrets in finance is mortgage interest can be turned into a deduction. One of those strategies is the Smith Maneuver, created by BC-based Fraser Smith in the 1970s. That’s right, for over 40 years, wealthy Canadians have deducted mortgage interest AND received tax-free capital gains.