What’s In Store For Bank Of Canada Interest Rates In 2025
2024年12月27日 · As was the case in 2022 and 2023, the undercurrent of the past year was interest rates.Across eight announcements, the Bank of Canada (BoC) lowered the policy rate five times in 2024, including by 50 basis points in both October and December.We will ring in 2025 with a policy rate of 3.25%, which is the lowest it’s been in over two years.
What Ontario's Cottage Market Could Look Like In 2025
2024年12月19日 · In Ontario's cottage country, "give six feet" distancing stickers have long been scraped off the floors of general stores and main street businesses from Collingwood to Haliburton, but the hangover from the pandemic-incited cottage mania was still being felt across the region's real estate markets in the beginning of 2024.
Real Estate News in Canada | STOREYS
STOREYS covers the latest on the housing and real estate markets in Toronto, Vancouver, and the rest of Canada. Get all the latest real estate news from across the country.
Thind Facing Two More Receiverships, Owes KingSett $220M
2024年11月20日 · [Editor's Note: The receivership application filed by KingSett Capital was granted by the Supreme Court on December 13.] Two additional projects by Burnaby-based Thind Properties are heading towards receivership, significantly widening the scope of the developer's financial troubles that began with its District Northwest project being placed under …
Thind Eclipse Brentwood Owing $189M, Placed Under Creditor …
2025年1月8日 · Across the Eclipse Brentwood, Highline Metrotown, Minoru Square, and District Northwest projects, Thind Properties' total debt owed to KingSett Capital is approximately $500 million. In addition, Thind also owes $8.1 million pertaining to a Maywood property that became the subject of foreclosure proceedings last month.. Eclipse Brentwood and Creditor Protection
Front Street Proposal Revised With Heights Up To 71 Storeys
6 天之前 · One of the biggest proposed real estate developments Canada has arguably ever seen just got taller. Over five years since it was originally proposed, plans for Oxford Properties' $3.5 billion "Union Park" — a lofty four-building development set to tower above the Rogers Centre — have been revised. The resubmission was submitted in mid December and is currently under …
BC Gov Expects 4,000 Properties To Be Subject To New Flipping …
2025年1月2日 · Exemptions from the home flipping tax include various life circumstances, property sales between related entities, properties used exclusively for commercial purposes, and sales pertaining to properties in exempted locations.Some exemptions require a return to be filed, while others do not, the Province says. Developers are also exempt.
Revised Plans Filed For 55-Storey Tower In The Works For Over A …
6 天之前 · Revised plans have been submitted for an Eglinton Avenue development that State Building Group has been trying to get approved for over a decade.. The resubmission, which was filed in early December and is currently under review, calls for a 55-storey mixed-use building offering 664 residential units, including seven affordable housing units, and 5,608 sq. ft of retail …
The Canadians Who Earned A Spot On Swanepoel Power 200 In …
6 天之前 · Gavin Swartzman. Role: CEO, Peerage Realty Partners Rank: 42 What the SP 200 said: “Swartzman runs Peerage Realty Partners, which owns a network of brokerages in the luxury real estate space across North America, and, collectively, operates the U.S.’s eighth largest brokerage.The firm — which does approximately $23 billion in annual sales — has grown …
What The GTA Housing Market Can Expect In 2025
2024年12月12日 · Driving this demand is, of course, lower borrowing costs, but also a healthy supply of inventory that has helped keep prices from increasing. But this dynamic could be thrown off, Mercer says, as we approach the end of the year and begin looking into 2026, if supply isn't sustained. "If we’re not seeing that new supply come down the pipeline we're going to get into …