Housing market Forecast, March 13th, 2015

Real Estate Market forecast for year 2015 and into year 2016

Published by Crea, March 13th, 2015

The balance between supply (of homes) and demand continues to tighten in British Columbia and Ontario. These are the only two provinces where tight supply relative to demand is expected to Result in average price gains that surpass inflation this year. 

read full article:  http://beta.realtorlink.ca/content/dam/realtorlink/crea/english/Statistics_Research





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Semi-Detached Missing its other half...

The 120-year-old residence at 54 ½ St. Patrick St. bears the scars of a development battle.

The Victorian row house was awkwardly severed from its neighbour in the 1970s when the owners refused to sell, and it lacks the symmetry of another side.

It is literally “half a house,” says its current owner, Albert Zikovitz, laughingly from his adjacent office in the Cottage Life Magazine building. “Everybody looks at it.”

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Competition Bureau loses its MLS-access case against TREB

The federal Competition Tribunal has dismissed a high-profile case regarding access to MLS data on a technicality and awarded costs to the Toronto Real Estate Board.

In a decision released Monday, the tribunal ruled the case, which accuses TREB of anti-competitive behaviour, had been initiated by Melanie Aitken, former commissioner of the Competition Bureau, under the wrong section of the Competition Act.

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