Better Dwelling - Canada’s Fastest Growing Real Estate News Source
November 8, 2024. Canadian rents are showing the first sign of weakness since the pandemic kicked off. A new report from Urbanation & rentals.ca shows the average rental price fell to $2,151 per month in October, down 1.2% since last year. It was the first year-over-year (y/y) drop since July 2021, with the 3-month trend showing annual growth ...
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Douglas Todd: Vancouver still suffering fallout from ‘students’ buying mansions
Category: Toronto - Better Dwelling
Sep 19, 2024 · June 11, 2024. If Greater Toronto is still ahead of the national curve, Canada may be in trouble. Statistics Canada (Stat Can) data shows the unemployment rate climbed sharply in May. Rising unemployment is a national trend, but the rapid pace at which it’s climbing can be attributed to Greater Toronto, home to a third of the increased […]
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About Better Dwelling - Better Dwelling
Better Dwelling is Canada’s largest independent housing news outlet, a distinction we’ve acquired in a very short time. We provide a balanced, data-driven perspective to help millennials understand complex issues surrounding housing — a topic that impacts all of us. Although we’re fairly young, our readership has grown quickly, proving ...
Canada Archives - Better Dwelling
November 7, 2024. The Canadian economy is slowing down but some provinces are doing better than others. Statistics Canada (Stat Can) released annual provincial real gross domestic product (GDP) for 2023 this morning. The data shows 9 in 10 provinces grew, with those in the West showing the highest growth.
Better Dwelling Advertising – Connect with a young, influential …
Young. Smart. Rich. Better Dwelling's advertisers are able to connect with a blend of curious millennials, and savvy high net-worth individuals searching for a balanced data-driven perspective on housing. Our readers are smart with their money, and are looking for intelligent ways to invest.
The World Has Millions of Vacant Homes, and 1.3 Million Are In …
Oct 22, 2021 · Canada Has Over 1.3 Million Vacant Homes, About 6 Years of Supply. Canada has one of the highest numbers of vacant homes in the world. The OECD’s latest data shows 1.34 million homes were vacant, or about 8.7% of the country’s 15.41 million homes in total. That works out to nearly 1 in 12 homes, or 6 years of housing supply at the average ...
The Smith Maneuver: The Loophole Canadian Real Estate Owners …
However, one of the worst kept secrets in finance is mortgage interest can be turned into a deduction. One of those strategies is the Smith Maneuver, created by BC-based Fraser Smith in the 1970s. That’s right, for over 40 years, wealthy Canadians have deducted mortgage interest AND received tax-free capital gains.
Canadian Real Estate Resembles 80s Bubble, Higher Rates To …
Feb 4, 2022 · Canada’s oldest bank sees today’s real estate markets having a lot in common with the late 1980s bubble. In a research note to its financial markets customers, the Bank of Montreal (BMO) highlights the similar trajectory homes have made. A similar event that slowed home price growth during that period is approaching — higher interest rates.