TORONTO – The Canadian housing market continues to show signs of cooling. Last month the volume of home sales fell by more than a third compared to last year’s boom periods, and prices have also fallen by almost 10% since then.
TORONTO – It is open war between the Government of Ontario and the Canadian Union of Public Employees (CUPE). On Friday, the first day of the strike by the 55,000 union members employed in schools, thousands of people demonstrated outside Queen’s Park and the offices of Conservative Party provincial MPs. Schools in the province will still be closed tomorrow and, according to union leaders, will remain closed until a collective agreement is signed with the government.
TORONTO – Il prezzo medio di una casa a Toronto è rimasto praticamente invariato negli ultimi due mesi: il mercato sembrava in stand-by, a causa di un forte calo delle nuove inserzioni…
TORONTO – The average price of a home in Toronto has remained virtually unchanged over the past two months: the market seemed to be on standby, due to a sharp drop in new listings. In fact, the latest data from the Toronto Region Real Estate Board (TRREB) shows that the average sale price across all property types was $ 1,089,428 in October, up from $ 1,086,762 in September. Prices remain down 5.7% from the same period last year, while October is the third consecutive month with little or no change in TRREB’s benchmark index. (more…)