Latest Videos
The information you requested is not available at this time, please check back again soon.
Australia will raise fees for foreigners who buy existing houses and will penalize them if they leave the properties vacant, while encouraging people from overseas to purchase new properties to boost housing supply.
The US labor market strengthened in November with pickups in employment and wages, deflating hopes the Federal Reserve will cut interest rates early next year.
China’s consumer prices fell at the steepest pace in three years while producer costs dropped even further into negative territory, underscoring the challenges facing the economic recovery.
Signa Development Selection AG, one of the major units of the retail and real estate empire founded by Rene Benko, is facing insolvency as a result of a cash crunch within the division.
Private equity’s stewardship of hospitals is again coming under scrutiny with the launch of a new bipartisan Senate investigation.
Jan 19, 2023
, BNN Bloomberg
The majority of real estate properties in housing markets across Ontario are selling quicker than in Toronto.
A report posted by Zoocasa on Thursday, said 12-out-of-22 Ontario housing markets had properties listed for sale for a shorter amount of time than the Toronto average in December.
The Waterloo Region came in first with the smallest number of days on market (25 days), followed by Aurora (26 days), and London and Whitby tied for third (28 days).
According to data by the Toronto Regional Real Estate Board, homes in Canada’s largest city were on the market for an average of 40 days in December.
This marked a 110.5 per cent year-over-year increase from Dec. 2021, when properties were listed on the market for an average of 19 days.
Caledon and Orangeville were tied with having properties listed on the market for the longest amount of time, with an average of 60 days.
Vaughan and Milton both came in at second last with properties listed for an average of 47 days.
Related
