Toronto, Vancouver & Calgary Make 5 Most Livable Cities in the World

By: Case Feenstra Team

Toronto, Vancouver & Calgary Make 5 Most Livable Cities in the World

Tags: Toronto, Livable City, Healthcare, Education, Livability

Canadian cities performed well in this year’s list of the most livable cities in world. The Economist Intelligence Unit puts the list together each year. Here are the top 10.   Melbourne, Australia Vienna, Austria Vancouver, Canada Toronto, Canada Calgary, Canada Adelaide, Australia Perth, Australia Auckland, New Zealand Helsinki, Finland Hamburg, Germany   Montreal a...Read More

17 medals for Oakville Paddlers at Canada Games

By: Case Feenstra Team

17 medals for Oakville Paddlers at Canada Games

Tags: Oakville, Burloak, Canada Games, Sixteen Mile Creek

Oakville paddlers showed their strength at the Canada Games this year, which were based in Winnipeg. Burloak Canoe Club pulled in 15 medals while Oakville’s Sam Djurfeldt, based at Mississaugas Canoe Club won 2,   Mitchell Barran, who was just happy to participate in the games, surpassed his own expectations and took home three medals, including a gold from the men’s 5,000 meter c...Read More

How much Income do Canadians Spend on Housing?

By: Case Feenstra Team

How much Income do Canadians Spend on Housing?

Tags: GTA Housing Prices, Income, Vancouver, Housing Affordability,

Canada is a diverse country and diversity extends to the differing range of the percentage of income spent on housing depending on where you live. Overall, Canadians spend a little less than half of their earnings on housing at 45.9%. The average home price across Canada is $504,458. But as most people know, the GTA and Vancouver have much higher prices.   The GTA and Vancouver end up skewing...Read More

Economists say Housing Bubble has Deflated Without a Crash

By: Case Feenstra Team

Economists say Housing Bubble has Deflated Without a Crash

Tags: Housing Market, Interest rates, Housing Bubble, Market Correction

The housing bubble, which many feared would have perilous impacts across Canada’s economy, is no more (apparently). The housing market is now starting to weaken. And seems the Ontario and BC measures to cool the housing market have worked, (or at least correlate with the weakening market).   A BMO Chief Economist has said the bubble has ceased. July has been the fourth consecutive month...Read More

High Real estate prices? Don’t blame housing Supply

By: Case Feenstra Team

High Real estate prices? Don’t blame housing Supply

Tags: Housing Market, Real Estate, Housing Supply, GTA, Detached home

The 2016 census shed some interesting light on Toronto’s housing market. Many analysts and commentators (including this blog) have suggested that the high prices of housing in the GTA real estate market are due to a low supply of housing. However, that may not be the case in reality.   Between 2011 and 2016, the Toronto population grew by 146,200 households, while 175,825 new homes were...Read More

Oakville Council Unanimously Approves Glen Abbey Heritage Status

By: Case Feenstra Team

Oakville Council Unanimously Approves Glen Abbey Heritage Status

Tags: Oakville, Heritage Status, Glen Abbey, Canadian Open, Clublink

It’s official. Oakville Town Council unanimously voted in favour of giving Glen Abbey Golf Course Heritage Status late on Monday night, August 21. This decision highlights that Town Council has listened to Oakville residents who have made their opposition towards development loud and clear.   Although this is a major win for the Glen Abbey community, Mayor Rob Burton pointed out that th...Read More

Millennials seek home ownership despite high prices

By: Case Feenstra Team

Millennials seek home ownership despite high prices

Tags: Millennials, Royal Lepage, Property Ladder, Investment

Home ownership is almost a rite of passage into adulthood, and a majority of millennials ages 25-30 are driven to achieve that within the next five years. Royal Lepage discovered these results from a survey to gauge how millennials view home ownership across the country.   Three quarters of Canadian millennials see home ownership as a good investment. However, in Ontario, 72% of those surveye...Read More

$100m in Opportunities for Municipalities to Reduce GHG Emissions

By: Case Feenstra Team

$100m in Opportunities for Municipalities to Reduce GHG Emissions

Tags: Oakville, Taxpayer, GHG emissions, Infrastructure,

The Ontario Government announced new funding for municipal projects that reduce greenhouse gas emissions. Why should you care?   First of all, it is important for all levels of government to take action on climate change. The provincial funding will help finance municipal projects that might otherwise not have the upfront capital required.   A second reason to care is that these projects...Read More

Glen Abbey Golf Course moves closer towards Heritage Status

By: Case Feenstra Team

Glen Abbey Golf Course moves closer towards Heritage Status

Tags: Oakville, Glen Abbey, Heritage, Development, OMB

The Heritage Oakville Advisory Committee voted unanimously to issue a notice of intention to designate Glen Abbey Golf Course as a heritage site under the Ontario Heritage Act. Although it is only a “notice of intention to designate” rather than an official designation, this news short be welcome to those opposed (such as saveglenabbey.ca) to Glen Abbey’s development into 3,222 r...Read More

AirBnB’s Impact on Canadian Real Estate

By: Case Feenstra Team

AirBnB’s Impact on Canadian Real Estate

Tags: AirBnB, GTA Real Estate, Housing Supply, Investment Properties

AirBnB is one of those services that you love, but might also hate. AirBnB is a great option if you’re travelling. But if a real estate market is tight, AirBnB is likely cutting into the housing supply. That’s the case, at least in certain Canadian cities.   14,000 rental units are used for AirBnB in Toronto, Vancouver, and Montreal according to a recent report by McGill Universit...Read More