Canada’s construction small and medium enterprises have shown resilience amid economic challenges in 2024, with stable employment, growth in non-residential construction, and eased construction costs despite higher borrowing rates and a residential downturn. The Canadian Construction Association (CCA) released a quarterly report in August, providing a comprehensive analysis of Canada’s ...

Investing in pre-construction condos can be a valuable addition to your portfolio, but in Ontario, there are unique financial commitments tied to this type of property investment that need to be understood—particularly the distinction between occupancy costs and closing costs. These two phases of ownership come with separate financial obligations that can have a significant impact on the profitability...

The western region surrounding the GTA Real Estate Market, comprising Guelph, Oakville-Milton, and Kitchener-Waterloo, demonstrated varying trends across the different municipalities, reflecting economic pressures. 

Residential Sales

The residential sales in August 2024 showed a decline in all three municipality-regions: Guelph, Oakville-Milton, and Kitchener-Waterloo.

Guelph

The Guelph market...