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WEB5 days ago · Toronto Real Estate Is Collapsing Much Faster Than Most Realize. September 19, 2024. Canada’s largest real estate market is turning into a headache for the country’s largest bank. Yesterday we mentioned RBC’s Greater Toronto Area (GTA) mortgage portfolio has seen serious mortgage delinquencies (90+ days) soar in Q3 2024.
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WEBBetter 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 ...
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WEBAug 25, 2024 · September 1, 2024. Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Government Spending Now 80% of GDP Growth Canada’s economy grew faster than expected but still showed recession-like behavior. Annualized real GDP growth came in at 2.1% for Q2 2024, much higher than market expectations.
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WEBDouglas Todd: Vancouver still suffering fallout from ‘students’ buying mansions
BC Is Now Subsidizing Property Taxes For Homes Worth Up To $2 …
WEBCanada’s most expensive province is finally giving hard-hit millionaire homeowners some help. The Government of British Columbia (GBC) raised the threshold for its Home Owner Grant. A primary residence worth up to nearly $2 million is eligible for the property tax rebate. Programs like this are usually for low-income households, not millionaire homeowners. The subsidy […]
Canada’s Vacant Real Estate Is Getting The Viral Treatment On …
WEBMay 30, 2022. France has its catacombs, America has abandoned malls, and Canada has its vacant homes — all 1.3 million of them, according to the OECD. For decades, urban explorers have been touring abandoned buildings and sites. The activity of questionable legality has been a niche subculture for some time.
Canadian Real Estate Prices Are Up Over 44% Over The Past 5 Years
WEBNov 20, 2018 · CREA reported the benchmark across Canada reached $623,000 in October, down 0.13% from the month before. Prices are now up 2.33% from last year, and up an absurd 44.04% over the past 5 years. The aggregate number is adjusted for volume by region, and housing type. This isn’t just Toronto or …
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WEBYoung. Smart. Rich. Better Dwelling's advertisers are able to connect with a blend of curious millennials, and savvy high net-worth individuals searching for a balanced data-driven perspective on housing. Our readers are smart with their money, and are looking for intelligent ways to invest.
Canadian Real Estate Agents and Brokers See Record Revenues …
WEBFeb 24, 2022 · Operating Profits Reached A Record 32.5% In 2020. Operating profits have never been higher for real estate agents and brokers. The average profit margin jumped to 32.5% in 2020, up from 30.2% the previous year. Out of the $17.3 billion in gross revenue pulled in, $5.6 billion turned into operating profits. The industry has never seen such large ...
Canada Archives - Better Dwelling
WEBSeptember 10, 2024. The struggle is real, according to nearly a third of Canadian households. This morning Statistics Canada (Stat Can) released the 2022 Canadian Housing Survey, a bi-annual window into the cost of living across the country. The latest findings reveal that both renters and homeowners are increasingly struggling.