3 tricks China uses to curb real estate speculation

By: Case Feenstra Team

3 tricks China uses to curb real estate speculation

Tags: China, Real Estate Speculation, Canada, GTA Real Estate Market

Speculation in real estate is a nuisance that has contributed to the increase in Canadian real estate prices over recent years. China has experienced speculation in the past and could offer lessons for Canada.   The Chinese have implemented three tools that they use to effectively mitigate and repel speculation Notably High Down Payments: China has increased the minimum down payment requir...Read More

'Art from Heart' Exhibit Now Open in Oakville

By: Case Feenstra Team

'Art from Heart' Exhibit Now Open in Oakville

Tags: Joshua Creek, Oakville, Art Exhibit, Community

This week the Joshua Creek Heritage Art Centre saw the opening of ‘Art from the Heart’, one of the regions most renowned exhibits.   Now in its 7th year, ‘Art from the Heart’ showcases the work of adults with special needs. This year, the exhibit is being held in collaboration with Oakville Community Living and is made possible by the support of Oakville cultural grant...Read More

Hot Halton Condos

By: Case Feenstra Team

Hot Halton Condos

Tags: Halton Region, Condos, GTA Real Estate, Oakville

Could 2018 be a big year for condos in Halton? Despite a slight decline in home values in the GTA at the end of 2017, condo prices in Halton have so far been immune.   Year over year home prices still rose last year, but condos in the 905 region did so at the fastest pace of all housing types at 14.3%.   Expensive real estate in urban cores has been pushing buyers to the suburbs for deca...Read More

Is a Foreign Buyer Ban a Good Idea?

By: Case Feenstra Team

Is a Foreign Buyer Ban a Good Idea?

Tags: Foreign Buyer, BC Real Estate, Toronto, GTA

Housing prices in major cities across the world are increasing as foreign investors continue speculate. Countries such as New Zealand are very aware of the foreign investor problem and in response have imposed a ban on foreign real estate purchases to protect local buying power.   Recently, B.C. Green party leader, Andrew Weaver, has stated that the province should follow New Zealand’s ...Read More

Renters Being Squeezed out of Toronto's Core

By: Case Feenstra Team

Renters Being Squeezed out of Toronto's Core

Tags: GTA, Real Estate, Rental Market, Leases, Oakville, Suburbs

Low turnover in the GTA’s rental market is continuing to push renters to the edges of the city.   With downtown Toronto rents rising nearly 12.5% in 2017 to just under $2,400 and rent controls recently being expanded, renters are encouraged to stay put in their units. As more tenants renew their leases less opportunities arise for new renters in the city. Last year Toronto experienced a...Read More

Interest-rate hike threatens slowdown for Canada's real-estate market

By: Case Feenstra Team

Interest-rate hike threatens slowdown for Canada's real-estate market

Tags: Real Estate Market, Interest Rate, Bank of Canada, Mortgage

 The Canadian real estate market could face adversity as the announced interest rate hike. Last Wednesday, the Bank of Canada recently hiked its overnight rate to 1.25 per cent after strong economic performance in 2017. Experts believe that if the economy keeps this pace the rate may be bumped a couple more times over the year.   Higher interest rates, coupled with the new mortgage stres...Read More

New Housing Development in Mississauga will feature condos, lofts and townhomes

By: Case Feenstra Team

New Housing Development in Mississauga will feature condos, lofts and townhomes

Tags: Mississauga, Housing Market, Real Estate, Development

People have different tastes and budgets. What better way for a developer to satisfy these differences by building a 3 in 1 development?   This unique development is located in the east end of Mississauga, near the Burnhamthorpe and Dixie intersection and will feature a 14 storey condo, a four story condo loft, and multiple urban townhomes.   Not only is this development unique, the cond...Read More

What's the State of Foreign Real Estate Investment in the GTA?

By: Case Feenstra Team

What's the State of Foreign Real Estate Investment in the GTA?

Tags: Real Estate Market, Housing Market, Foreign Investment

The Canadian housing market is set to continue its seemingly perpetual rise and the exact causes of this market trend still remain unknown. For many, a rising real estate market is a good thing, but higher prices can push homebuyers out of the market altogether. With enough public pressure, a hot market can become a policy issue that governments are forced to address. In many of Canada’s l...Read More

How The Winter Season Affects The Canadian Real Estate market

By: Case Feenstra Team

How The Winter Season Affects The Canadian Real Estate market

Tags: Canadian Real Estate, Real Estate Market, Housing, Winter

The weather plays a significant part in our daily lives. The weather influences what we wear, our outdoor activities, and even plays a significant factor in affecting the Canadian Real Estate market. Trends and statistics show that the market performs better during the spring and summer seasons.   In contrast, the winter season proves to have a series of added adversities that contribute to t...Read More

Won't be Beat? Oakville's No Frills is Closing

By: Case Feenstra Team

Won't be Beat? Oakville's No Frills is Closing

Tags: Oakville, Local Residents, Loblaw, Trafalgar Village

  It seems that No Frills has been beat. That, and the College Park neighbourhood in Oakville only has room for upscale grocery stores like Whole Foods and Pusateris. The long-standing No Frills in Trafalgar Village is scheduled to close on February 3 – less than three weeks from now.   How can this happen? What happens to many people that rely on good deals for basic food necessi...Read More