Author: realtorjags
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Economists’ Forecasts: What Will the BoC Do Next?
RBC sees no more cuts in 2025, citing easing trade tensions, resilient growth, and fiscal support against inflationary pressure. Scotiabank expects no cuts, believing inflation remains the bigger threat, with core inflation rising above BoC’s 2% target. Read more
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Proposed high-density Brampton residential development gets zoning approval
Brampton council approved zoning changes for a high-density residential project at 10350 The Gore Rd., including two towers (20 and 22 storeys) with 419 units and commercial space, two four-storey buildings with 122 units, and 249 townhouses. The 18-hectare site, formerly agricultural, will feature a new road network, stormwater pond, and public park. At least Read more
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GTA Home Sales Climb 1.8%, Prices Fall Again
Greater Toronto Area home sales rose 1.8% in April to 4,267 units after recent declines. Despite the monthly gain, sales were still down 23.3% compared to April 2024. Read more
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Toronto’s Construction Costs Lag Behind Vancouver’s
Toronto's construction costs are lower than Vancouver’s, particularly in residential and commercial sectors. In Toronto, the cost of concrete high-rise buildings is closer to $300 per sq. ft, lower than Vancouver. Read more
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Ontario बजट 2025: कंस्ट्रक्शन को बढ़ावा देने के लिए अरबों की नई इंफ्रास्ट्रक्चर और स्किल्स फंडिंग
Ontario के 2025 बजट में Building Ontario Fund को 5 अरब CAD बढ़ाकर 8 अरब CAD कर दिया गया है, जिससे एनर्जी, हाउसिंग, हेल्थकेयर, ट्रांसपोर्टेशन और कम्युनिटी इंफ्रास्ट्रक्चर के प्रोजेक्ट्स को बढ़ावा मिलेगा। हाईवे, हॉस्पिटल और ट्रांजिट के लिए 20 अरब CAD से ज्यादा रखे गए हैं, जिसमें Bradford Bypass और Highway 413 भी शामिल Read more
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22 construction projects needed to bring water to new Brampton homes
The Region of Peel is accelerating 22 water and wastewater construction projects in Brampton to support rapid housing growth driven by Ontario's Bill 23, which aims to build 1.5 million homes in 10 years. This "Flow Program" uses advanced methods for efficient infrastructure delivery, enabling Brampton to meet housing targets by 2031, adding 113,000 new Read more
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Happy Father’s Day
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of Read more
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Is the GTA Housing Market Frozen in Fear?
Toronto home sales plunged 23.3% year-over-year in April 2025, amid economic fears and soaring new listings. Sales Plunge Detached: drop 21.7% Townhouses: fall by 22.9% Semi-detached: down 10% Condo: plunge 30%+ Read more
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GTA Sees Widespread Underbidding in Early-Q2
84% of GTA neighbourhoods saw underbidding in April, the highest level since tracking began in 2022.Condos faced 97% underbidding, compared to 76% for single-family homes — a shrinking 21-point gap. Read more
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First-Time Buyers Face Major Losses as Entry-Level Homes Sell for $350K Below Peak in Mississauga and Brampton
Entry-level homes in Mississauga and Brampton are selling at significant losses, reflecting a sharp correction in the GTA real estate market. Two homes, one in Malton and another in Brampton’s Mount Pleasant, sold for $375,000 and $390,000 less than their peak prices in 2022. First-time buyers who purchased during the 2022 housing boom are facing Read more