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Teranet returns to conveyance in Ontario with ReadyWhen’s GoVeyance

1 day ago

Teranet returns to conveyance in Ontario with GoVeyance

Teranet Inc., the Toronto-based provider of statutory registry services in Ontario and Manitoba, is returning to the conveyance service in Ontario by using GoVeyance, made by Delta, B.C.-based ReadyWhen Tech Inc.

GST relief could save 1st-time buyers up to $240 each month

Desjardins Economics said in a report that first-time Canadian homebuyers could save up to $240 on their monthly mortgage payments if they were to buy a new home with an all-in, tax-included price of $1 million.

Value of building permits in Canada fell by 6.6% in April

The total value of building permits in Canada fell 6.6 per cent in April compared to March, reaching $11.7 billion, according to Statistics Canada. Residential construction intentions fell by 11.6 per cent month-over-month to $7.4 billion.

Toronto-area real estate listings glut passes 30,000 units

Figures released last week by the Toronto Regional Real Estate Board showed there were 30,000 active listings in May, a 41.5 per cent increase from a year ago. Sales, meanwhile, were down 13.3 per cent.

Ontario housing starts at lowest level since 2009

Ontario’s financial accountability officer says in a report that the province’s housing starts for the first quarter of this year were at the lowest levels since 2009. In Q1, construction started on 12,700 housing units.

Toronto condo renters play their strong hand

Tenants appear to still have the upper hand in Canada’s biggest rental market of Toronto, as the city's condominium developers continue to add more newly completed apartments to the mix. 

Calgary to exempt row houses from dev. permit applications

Claiming it will cut down on red tape and development costs, Calgary city council unanimously supported a bylaw amendment Tuesday to exempt row houses from requiring a development permit in new communities.

Ontario surprise shaves London's projected tax hike

London property owners face a 6.4-per-cent tax hike next year – about $248 more for an average London home assessed at $252,000. However, the city will no longer have to backfill development charge exemptions mandated by the province.

As home prices fall, Canada is losing its tool for GDP growth

ANALYSIS: With so much going wrong, the economy could use a quick fix to stimulate some growth. The problem: The sector that Canadian policymakers often turn to for a sugar high, housing, has only the faintest heartbeat.

Will Canadians buy the feds' prefab homes?

OPINION: Good instincts won’t save a policy that ignores how manufacturing does or doesn’t scale. In Sweden, where nearly half of new homes are modular, factories reached profitability only after two decades of continuous output. 

Hidden risks for Canadians planning to downsize

Many homeowners hope their property will help fund their retirement. Planning first and selling second can reduce the potential risks that may arise with a retirement downsize plan, but it’s not always the windfall retirees expect.

How human connection gets deals done

COLUMN: In times like these, it’s easy to start looking for something new. But what’s working best right now is not new at all. It’s the same foundation this business has always been built on: trust, relationships and real conversations.

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