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Government Seeks Ban on Foreign Real Estate Buyers

Few things are more frustrating for prospective homeowners than to find themselves in a bidding war with buyers willing to add to the asking price.

Even more daunting is when these buyers are ready to pay in cash. Now add one more variable that has the potential to stoke a range of social, class and nationalistic resentments: Your rival buyer is a rich foreign national with cash.

Canadian Real Estate Market Trends in 2022

The Canadian real estate market has continued to grow in 2022, with home sales rising 4.6 percent in February.

That’s according to the Canadian Real Estate Association, which also reported that new listings improved by 23.7 percent in the same time period, with the Greater Toronto Area (GTA), Calgary, and the Fraser Valley comprising many of the new listings.

Condominium Sales Uptick as Border Restrictions Ease

It has been 16 months of caution for Canada. As of August 9, Americans were once again allowed to cross the border – vaccinated Americans. Then, on September 7, visitors from other countries will be permitted, according to Reuters reporting. It is marked progress for a country that was once in the throes of a tremendous fight against the pandemic.

This long awaited reunion is contingent upon case numbers staying low.

The Toronto Real Estate Market | COVID-19 Update

When we last looked at the outlook for the Toronto housing market at the end of 2019, the coronavirus had not yet spread to North America, affecting citizens en masse.

More than a year later, uncertainty around the impact of the pandemic persists, but there are reasons to believe that the light at the end of the tunnel will increase in brightness as we move farther into the spring season of 2021 after a troubling fall in national sales.

2020 Outlook: What to expect for Toronto Real Estate Market

It’s hard to believe that another year is coming to an end. With 2020 quickly approaching, the Toronto real estate market has certainly seen its fair share of ups and downs in 2019. At this rate, the new year should promise to be just as interesting as the last in the real estate sector.

Larry Weltman: minimizing the effects of daylight savings time

Despite the fact that most of us enjoy gaining an extra hour in the month of November thanks to the end of daylight savings time, the slight time shift has been known to wreak havoc on your daily schedules and internal rhythms. Add to that the effects of reduced sunlight hours, which in some people can lead to Seasonal Affective Disorder, and it’s easy to see why so many of us feel a little out of whack in November.