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In addition, the province of Ontario's Fair Housing Plan set in place stricter rent controls and 16 measures to help combat the growth of the real estate market . [34] These remedies coincided with a slight dip in housing prices in 2017 [35] which some believed was the beginning of a housing crash. [36]
It issues press releases on real estate topics, as well as monthly statistics for the real estate market. In 2013, GMREB voted to break away from the Canadian Real Estate Association, and removed all listings from their national website, Realtor.ca. [4] However, as of November 2018, CREA displays real estate listings from Montreal on their website.
Here's a look back at 2012's major developments in residential real estate -- along with insight on what lies ahead for the housing market in 2013. %Gallery-173886% Show comments
Office is the most prominent sign of a struggling commercial real estate market. The commercial real estate collapse has been most evident in the office sector, with vacancy rates at nearly 1.5 ...
Housing inventory has been low since the last real estate housing market crash in 2008. This also led to a decrease in new home construction. This combination makes it a much more competitive market.
In May 2023, Canadian real estate firm Colliers reported that the vacancy rate for New York City office space was 17.4%, and that some 94 million square feet of office space was listed for lease in the city, a record amount. [18] Office vacancies in the United States reached the highest point in twenty years in October 2023. [19]
High mortgage rates, inflation and low supply have made the road to homeownership a difficult one as of late. While home prices seem to be cooling down, some experts are warning that a potential...
The game's on-ice officials, Richard, Laycoe, Montreal assistant general manager Ken Reardon, Boston general manager Lynn Patrick, Montreal coach Dick Irvin, and NHL referee-in-chief Carl Voss attended the March 16 hearing. In his defence, Richard contended that he was dazed and thought Thompson was one of Boston's players.