After about four years of frustration, a Brampton, Ont. man and his wife finally got back their 32nd-floor Toronto waterfront condo apartment unit after their tenant was removed by the Sheriff. “I’m at a loss for words, this has been a harrowing experience,” said Narinder Singh, interviewed minutes after the eviction had taken place. Singh […]
CBC News - Housing and Mortgage
Housing and Mortgage related news from CBC. Feel free to comment on the videos here since CBC does not allow comments on their videos.
Is now the time to buy a condo in Toronto?
After a sluggish year for Toronto’s real estate market, big interest rate cuts have set the stage for change in 2025. CBC’s Talia Ricci spoke to experts to find out what’s in store for buyers and renters this year. Published: 2025-01-02 If you decide to buy a new construction condo in Ontario, check out this […]
Toughest time ever to buy a home in Canada?
It may be the hardest time in history to buy a home in this country, according to a new study by RBC economists. Andrew Chang breaks down the data to understand why it’s so much harder today to afford a home than it has been in previous decades, and whether any relief is on the […]
Why Are So Many Big City Condos Sitting Empty?
In the midst of a housing supply crisis, thousands of condos in Canada’s largest cities are sitting empty. Most, experts say, are less than 500 square feet. Andrew Chang explains why there’s been an explosion of these so-called ‘shoebox’ condos, and why they’re suddenly struggling to sell. If you decide to buy a new construction […]
Why Canadian Housing Will Continue to Rise
One reason I’ve stayed out of real estate for a long time is because I keep thinking it’s overvalued. Just watch a video like this and you’ll understand. But, take a look at how much real estate is part of our GDP in Canada. Source: Statista. It’s a huge portion. It’s the biggest portion of […]