Toll Free. 1 866 888 8265
Stay in touch with us!

Blog

Posted by Agnes

With its booming resource industry, Alberta is the most commonly searched province for work opportunities in Canada. __________________________________________________________ For Canadians looking for work outside their home province, one in particular is capturing the most interest from job hunters in the country. With its booming resource industry, you might have guessed that Alberta is the most commonly searched province for work opportunities in Canada. This is all according to Canadian job site Workopolis, which just released new data illustrating the prevalence of out-of-province job hunting in the country. An infographic demonstrating their findings has been reproduced below: The graphic shows the percentage of Workopolis users in each province who are searching for work away from home. The arrows point to which provinces they’re most interested in. The three Maritime provinces (Nova Scotia, P.E.I. and New Brunswick) seem to like Ontario as well as Alberta. Newfoundland and Labradorians, however, are looking to stay closer to home, preferring nearby New Brunswick. The largest percentages of out-of-province job searches are coming from up north. Nunavut has the highest rate of out-of-province Workopolis job searches in the country, at a staggering 87%. Ontarians, interestingly, display the highest amount ...

[ read more ]


Posted by Agnes

With affordability and cost, pushing more people into the rental market, Vancouver is now being dubbed the new Manhattan. __________________________________________________________ With affordability and cost pushing more people into the rental market, Vancouver is now being dubbed the new Manhattan. Following new council changes for condo maintenance and rising affordability issues, more Vancouver residents are expected to stay in the rental market for longer. While 52 per cent of Vancouverites currently rent, this number could rise even further as more are pushed out of the market. “It is a big possibility,” says Russell Sharp from Sharp Real Estate. “Despite the cancellation of the visa program earlier this year, international demand for houses here is still very strong. It's the high cost of buying and maintenance that forces many young buyers out of the market." A new requirement was recently pushed through that will see special assessments on older buildings. By Dec. 13, most B.C. strata corporations had to prepare depreciation reports setting out how they planned to finance the repair and maintenance of their condominiums’ common property. Owners of many older projects had to pay special assessment fees,a move that may turn some buyers from buying such ...

[ read more ]


Posted by Agnes

"They are not only leaders in the industry, but they make tremendous contributions to their communities and we are pleased to recognize their great contributions," Matt Picken, president of NAIOP Great Toronto Chapter and a partner at Brookfield Financial said in a statement. __________________________________________________________ Peter Sharpe and Stephen Taylor will receive major honours when the 13th annual NAIOP Real Estate Excellence (REX) Awards are handed out on April 9. Sharpe, the former president and CEO of Cadillac Fairview Corporation, will receive the Lifetime Achievement Award. Taylor, president of Morguard Investments, is tapped for the Community Service Award. Matt Picken, president of NAIOP Great Toronto Chapter and a partner at Brookfield Financial, said it’s hard to match the wealth of achievement and experience Sharpe and Taylor demonstrate. “Not only leaders in the industry” “They are not only leaders in the industry, but they make tremendous contributions to their communities and we are pleased to recognize their great contributions,” Picken said in a statement. Under Shape’s 11-year leadership as CEO, Cadillac Fairview expanded from Canada and the United States to the U.K. and Brazil. During his tenure with the company, it grew from $6 billion in assets to over $20 billion. Today, the company’s portfolio is ...

[ read more ]


Posted by Agnes

Robust rise in price for real estate in Vancouver, Calgary and Toronto. __________________________________________________________ Repeated warnings of an overheated market failed to deter home buyers in Canada’s largest cities in 2013, with the number of Toronto home sales up two per cent over the previous year, Vancouver sales were up 14 per cent and Calgary sales rose 11 per cent.     Homes in the Greater Toronto Area continued their robust rise in price, up 5.2 per cent to an average price of $523,036 in December, compared to $497,130 in 2012, the Toronto Real Estate Board reports. After a slow start to 2013, GTA housing sales picked up in the second half of the year. Total sales for 2013 were 87,111, compared to 85,496 transactions in 2012.   Even the condo market showed gains, with the average price in Toronto rising 7.6 per cent to $367,376 compared to December 2012, while detached homes prices rose by nearly 19 per cent to $864,351. Although December sales tend to be slow, new listings were down almost four per cent in December, which helped fuel frantic bidding wars in some Toronto neighbourhoods close to the downtown and transit lines. Pickup in Vancouver sales For Metro Vancouver, total sales of detached, attached ...

[ read more ]


Posted by Agnes

Resale prices for condos are expected to rise in both 2014 and 2015, with Calgary expected to enjoy the biggest growth at 3.3 per cent. The Conference Board of Canada says that key economic factors - primarily jobs and population growth - look positive for all of the markets researched, with an aging population and rising house prices contributing to the demand for condo units. __________________________________________________________ Condo investors wanting to cash out within the next 18 months will enjoy a healthy return, according to a new report. The next 18 months should prove fruitful for condo investors with resale prices set to rise and key markets expected to stabilise. That is according to the latest Conference Board of Canada condo report released by Genworth Canada. “Although many commentators view the Canadian condominium market as an overvalued bubble about to burst, we think it is only slightly overheated and enjoys sound economic underpinnings," said Robin Wiebe, senior economist at the Centre for Municipal Studies at The Conference Board of Canada. "As such, markets are likely to cool gently. To potential homebuyers, monthly mortgage payments, rather than house prices, are what matter and these should remain moderate." Resale ...

[ read more ]




Monthly Archives