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What Ontario's Cottage Market Could Look Like In 2025
Dec 19, 2024 · 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.
10 Major Metro Vancouver Developments Set To Complete In 2025
Jan 3, 2025 · Located in the False Creek Flats area of Vancouver, the eight-storey Archetype is set to include a mix of over 200 rental units, office space, and light industrial space. Pre-leasing on the rental homes and occupancy on the commercial space are both expected in 2025. Since Archetype was first conceived, other developers such as Strand have also been planning similar tri-mix projects.
Thind Eclipse Brentwood Owing $189M, Placed Under Creditor …
Jan 8, 2025 · 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
Landlord And Tenant Board Says Backlog Is Down 20% In 2024
Dec 10, 2024 · Ontario’s Landlord and Tenant Board (LTB) is contesting claims that they have over 53,000 cases waiting in the wings — a figure that has been cited in recent weeks by media and even the Toronto Regional Real Estate Board (TRREB). Media spokesperson with Tribunals Ontario Janet Deline explains that t...
Every Big Bank On January's Interest Rate Announcement
Jan 27, 2025 · Scotiabank: A cut “the easy thing to do given it is priced” As he did leading up to the last interest rate announcement on December 11, Scotiabank Economist Derek Holt continues to express his aversion to rate cuts, writing in a January 24 report that the BoC will “probably” cut by 25 bps this week — “it would be the easy thing to do given it is priced” — but that he “wouldn ...
CURV Developer Sues Presale Purchaser Over Unpaid Deposits On …
Dec 4, 2024 · The unit purchase prices were not disclosed, but can be deduced based on the total deposit amounts. For the two units on Level 53, the unit prices were likely between $4 million and $5.33 million for Unit 5301 and between $5 million and $6.67 million for Unit 5306, depending on whether the developers asked for a 15% deposit or 20% deposit on the purchase price.
CREW Vancouver Welcomes New Board Of Directors For 2025
Jan 13, 2025 · Late last week, CREW Vancouver — the non-profit industry association dedicated to supporting women in becoming leaders in the world of commercial real estate — introduced its Board of Directors for 2025. Founded in 2005, the Vancouver chapter of CREW is celebrating its 20th anniversary this year, which has seen the chapter's …
Mizrahi Developments Project In Ottawa Enters Restructuring
Oct 21, 2024 · According to an Oct 15 order, Mizrahi Developments filed for creditor’s protection and the company is seeking interim financing of up to $2,345,000.
The Canadians Who Earned A Spot On Swanepoel Power 200 In …
Jan 9, 2025 · Every year in January, the Swanepoel Power (SP) 200 celebrates the power players in residential real estate — those who are making powerful moves at a national, and sometimes even multinational, scale.. It’s not easy to get on the list. Each of the 200 leaders included in the rankings have been carefully selected by a team of executives from US-based T3 Sixty, who evaluate contenders based ...
What The GTA Housing Market Can Expect In 2025 - storeys.com
Dec 12, 2024 · 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 a scenario where market ...