JANUARY 10, 2025 DAILY NEWS WITH VANESSA TOPPLE
As supply issues continue a few announcements regarding new options for faster construction turnaround. ...
read moreJANUARY 9, 2025 DAILY NEWS WITH VANESSA TOPPLE
To kick off 2025 we thought we visit the Province of BC as the re elected NDP government introduces new taxes and policies. ...
read moreJANUARY 8, 2025 NEWS & EVENTS WITH JILLIAN KATZENBACK
Today, we bring you all the industry’s events of the week.
read moreJANUARY 7, 2025 DAILY NEWS WITH VANESSA TOPPLE
Canadian Prime Minister, Justin Trudeau has announced his resignation, marking the end of his tenure after nearly a decade in office. Trudeau cited internal challenges within his party and a desire to reset the country’s political landscape as key factors in his decision. He will remain in office until the Liberal Party selects a new leader. ...
read moreJANUARY 6, 2025 DAILY NEWS WITH VANESSA TOPPLE
New year, new format. We bring you Daily News updates. Today, we talk about conflicting reports on the outlook for 2025 in the industry. ...
read moreNEW LAWS AND RULES COMING TO ONTARIO
The Ontario government and the City of Toronto will both be introducing new rules in 2025, and here are some of the ones that you should keep on your radar. New renovictions bylaw Drawing inspiration from a Hamilton bylaw enacted in 2024, Toronto formally adopted a Rental Renoviction Licence bylaw in November to curb bad-faith evictions and protect tenants from “renovictions.” The bylaw officially comes into effect on July 31, 2025. Renovictions describe situations in which tenants are evicted...
read moreSASKATCHEWAN’S VACANCY RATE CLIMBED SLIGHTLY TO 2.7 PER CENT IN 2024
Saskatchewan’s rental market saw a shift in 2024, with vacancy rates in cities with over 10,000 people rising to 2.7 per cent, up from 2.4 per cent in 2023, according to The Canada Mortgage and Housing Corporation. Cameron Choquette, CEO of Rental Housing Saskatchewan said there’s a bit of reprieve for rental housing providers and tenants who now have a little more selection. While Saskatchewan is still the most affordable province in the country to rent a home, Choquette said 2.7 per cent...
read moreP.E.I. RENTAL VACANCY RATE THE LOWEST IN THE COUNTRY
In 2024, P.E.I.’s rental vacancy rate once again dropped to the lowest in the country. Canada Mortgage and Housing Corporate (CMHC) data, released on Dec. 17, shows that the province’s rental vacancy rate – the percentage of apartments and townhouses that were vacant – dropped from 1.1 per cent in October 2023 to 0.8 per cent in October 2024. P.E.I. has had the lowest vacancy rate of any province for five of the last seven years, although the province was tied with Nova Scotia for this...
read moreWEEK OF DECEMBER 30 2024 NEWSREEL WITH VANESSA TOPPLE AND JILLIAN KATZENBACK
As 2024 draws to an end, we put together a video previewing the new format for 2025. Our goal is to bring you more timely news so the weekly Newsreel will become a daily show featuring headlines from all real estate verticals. Enjoy this special preview with Vanessa Topple and Jillian Katzenback....
read moreCANADIAN HOUSEHOLD DEBT OUTPACES GDP AS MORTGAGE BORROWING RETURNS
Canada’s economy is slowing down and unemployment is rising, but that isn’t slowing credit consumption. Statistics Canada (Stat Can) data shows household debt continued accelerating in October. A combination of lower rates and moral hazard has led to aggressive borrowing, with credit now rising at a faster pace than GDP. It’s a questionable setup when the economy’s fundamental indicators are eroding. Canadians Owe More Than $3 Trillion In Debt, Growth Is Accelerating Canadian borrowing is once...
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