Strained affordability amid higher borrowing costs continues to drag down Toronto’s “lethargic” housing market this summer, according to a new report by RBC Economics.
“This is especially true of condo apartments where a wave of new unit completions this year boosted active listings by 64 per cent from a year ago,” the report read.The report noted that home prices have stayed “largely flat” over the past four months. “After a small uptick between May and June, home resales fell again in some markets including Vancouver, Calgary and Toronto in July, according to early reports from local real estate boards. However, activity picked up slightly in Edmonton and Montreal,” the report stated.
Monday is the anniversary of one of the darkest days for Montreal Expos fans. On Aug. 12, 1994, the first full day of the Major League Baseball strike started and ended the Expos' run at first place in the league and potential run to the World Series.
OPP are investigating a crash in Lakeshore where a seven-year-old was one of the people injured. Around 1 a.m. on Monday, OPP, fire and EMS were sent to a crash on Highway 77 at County Road 8 where a vehicle had struck a house.Dog saved, cat dies in Alliston fire From his office overlooking the runway at Gander International Airport, Reg Wright can see all flights in and out of his corner of Newfoundland.Armed with a keen eye and curiosity, Jim Wilson has watched birds in New Brunswick for decades. Recently, Wilson saw his 400th species of bird, but the search continues for the next one.Regatta a 'go,' bringing thousands to Quidi Vidi Lake in St.
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