Conrad Kwok

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Victoria now home to the hottest luxury housing market in the world

Victoria, B.C. has landed the top spot on Christie’s global list of hottest luxury housing markets.<p>The real estate arm of the famed auction company …

Real Estate

Quayside Toronto project proves that smart city talks must be transparent

On May 3, six months into what was initially billed as a year-long public consultation process, Sidewalk Toronto held only its second public meeting …

Smart Cities

Vancouver luxury home value softens while apartment value continues to rise, says report

According to a new report, Vancouver’s real estate market might begin to see luxury home prices drop as we move on to spring of next year.<p>Canadian …

Canadian Real Estate

Canadian home sales fall 14% to lowest level in 5 years on mortgage rule ‘collateral damage’

Canadian home sales fell to the lowest in more than five years in April, as tougher mortgage qualification rules deterred buyers.<p>The number of homes …

Canadian Real Estate

Major Kelowna development attracting plenty of buyers despite fears of speculation tax

A new real estate in Kelowna will feature two of the city’s tallest buildings.<p>The One Water Street project will be home to two towers, one 36 storeys …

Real Estate

‘Financial strain’: Interest rate angst most severe for homebuyers in Ontario and B.C.

Potential interest rate hikes are stirring the greatest concern among homebuyers in Ontario and British Columbia – reflecting the wide disparity in …

Canadian Real Estate

House shaming has got to stop

I know you mean well, house shamers. You’ve done spectacularly well owning a house and you want others to share in the experience. So what if you’re pushy in telling people who don’t own to get into the housing market. It’s for their own good.<p>What you may not realize is that there’s a small but …

Personal Finance

Favourite Room: A kitchen designed to be ‘the hub of our home’

When Amanda Riva, husband Giorgio and son Hugo moved into their north Toronto home after a renovation and restoration, Riva was looking both forward and back. “Our goal in redoing the whole house was to restore it to how, I believe, it probably looked when it was first built,” Riva says. “We didn’t …

Kitchens

Buyers trim back price on Richmond Hill townhouse

<b>367 Bantry Ave., Richmond Hill, Ont.</b><p><b>Asking price</b>: $1,288,888<p><b>Selling price</b>: $1,180,000<p><b>Previous selling price</b>: $664,000 (2013); $408,500 (2005); $308,192 (2001)<p><b>Taxes</b>: $4,881 (2018)<p><b>Days on the market</b>: 22<p><b>Listing agent</b>: Belinda Lelli, Royal LePage Real Estate Services Ltd.<p>The action<p>To attract buyers …

Real Estate

Toronto New Condo Sales Drop 66%, While Prices Soar 40% In Weirdest Correction Ever

Is it any wonder buyers want to sit this one out?<p>See if this makes sense to you.<p>Sales of new condos in Toronto have more or less fallen off a cliff, …

Canadian Real Estate

How the housing slowdown is taking the lustre off the whole Canadian economy

Did a slowdown in the housing markets take some shine off the Canadian economy this quarter? The answer is yes if you were to ask Stephen Poloz, the …

Canadian Real Estate

How to Design a Studio Apartment Layout that Works

Designing a studio apartment layout presents its own set of unique challenges. On one hand, you’ll want to break up the space in a way that makes …

Interior Design

4 Design Tricks to Help You Spice Up a Boring Rental Kitchen (And Still Get Your Deposit Back

Decorating a rental can be a delicate process. On the one hand, you want your space to feel as homey as possible while you’re living there, so it …

Home Decorating

Canada’s GDP unexpectedly shrinks, putting economy on track for slowest stretch of growth in three years

Canada’s gross domestic product unexpectedly shrank in January, as the economy faces a broad slowdown after surging last year.<p>Gross domestic product …

Toronto morphs into whole new ‘monster’ as houses slump and condos soar

It’s a tale of two housing markets in the Toronto area as Canada’s biggest city gears up for the crucial spring selling season: sales of big detached …

Amid housing crunch, 63% of Canadians agree landlords should be allowed to ban pets: poll

With a looming housing crisis and rental vacancy rates in some Canadian cities hovering near zero, finding a place to rent can be very challenging, …

Canadian Rental Rates Are Falling After A Long Period Of Steep Growth

Maybe this will end all those “renovictions.”<p>The slowdown in Canada's residential real estate market may now be spreading to the rental market, with …

Housing Could Well Be The Biggest Issue Of Ontario's Upcoming Election

Research from the OREA shows Ontario homeowners and aspiring homeowners could well make housing a huge election issue.<p><b>By Wayne Karl</b><p>The 2015 federal …

Toronto’s housing supply challenge and the growth plan paradox

Toronto, Canada's largest city and one of the world's hottest property markets, has a supply problem and the nation's housing agency admits it is not quite sure why soaring prices have not spurred more construction.<p>New homes replace demolished ones at a sharply lower rate than early this decade, …

32 Home Upgrades That Are a Huge Waste of Money

Home upgrades come in different shapes and sizes. Converting an extra bedroom into a home office may be just as satisfying as installing motion …

How to make a small room look bigger in a few easy steps

These simple tricks can be done in no time at all<p>You can't actually make a small room bigger without resorting to some serious building work. But …

It's getting more expensive to buy a home

Here's some more bad news for home buyers: It's getting even more expensive to buy a home.<p>The average rate of a 30-year fixed rate mortgage jumped to 4.40% this week — the highest level since April 2014, according to Freddie Mac's latest report. This is the seventh consecutive week of higher …

Real Estate

The Biggest Mistake You Can Make in a Small Space

Even before everyone got a copy of The Life-Changing Magic of Tidying Up for Mother’s Day or their birthday a few years ago, Americans started …

Money laundering and B.C. real estate; Patrick Brown; Florida school-shooting survivors

Good morning,<p>These are the top stories:<p><b>Globe investigation into money laundering in B.C. real estate will lead to new rules, AG says</b><p>B.C.'s top lawmaker says the province will bring in new, concrete measures to "close the loopholes" that allow lenders connected to the fentanyl trade to launder money …

Canadian home sales drop 14.5% from December to January as new mortgage rules kick in

Home sales nationwide dropped by 14.5 per cent in January compared to December, the Canadian Real Estate Association (CREA) said on Thursday.<p>The …

Interior Designers Share Their Favorite Tips For A Successful Kitchen Remodel

Shop a similar look: Stools | Pendants | Cake Stand<p>It’s not hard to see why undertaking a kitchen remodel is one of the most discussed topics in …

16 Entry Decorating Ideas to Make You Want to Come and Go More Often

Do you have a designated spot by the front door to catch your keys, bag, shoes and more? If you don’t, you need one! Creating a beautiful and nicely …

Wall Art

Hiring an Interior Designer vs. Interior Decorator: How to Choose Between the Two

If you’ve ever tried to bring someone in to help with an interior design project, you know that finding your perfect match can be a task unto itself. …

Interior Design

How much do you really need for retirement? We did the math

If personal finance questions were like pop songs, then <i>How much do I need for retirement?</i> would be at the top of the hit parade every single</b> …