Category: Toronto

Canada and Ontario Celebrate New Affordable Housing in Brampton

Moishe Alexander celebrates with the Government of Canada, the Government of Ontario, and the Region of Peel the grand opening of 30 affordable rental units. The project is supported by $4.2 million in funding through the Canada – Ontario Affordable Housing Program.
Bruce Stanton, Member of Parliament for Simcoe-North, on behalf of the Honourable Diane [...]


Canadian housing market shows signs of ‘rebound’

OTTAWA — Despite signs long-term mortgage rates are creeping up, the housing market is continuing is bounce back to life according to the Canadian Real Estate Association.
In June, 8.7% more homes were sold than in May. It’s the fifth straight month of increases — a 17.9% increase over June 2008.
“This rebound reflects the releasing of [...]


June Home Sales Rise 8.7%

Canadian sales of existing homes rose for a fifth month in June, adding to evidence that record low borrowing costs are fueling housing demand.
Sales rose 8.7 percent to 41,304 homes from the previous month on a seasonally adjusted basis, the Canadian Real Estate Association said today in a statement from Ottawa. Average home prices rose [...]


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