For many Canadians, there’s been little hope of home ownership in some of the country’s biggest housing markets. But that narrative appears to be shifting, at least in places such as Vancouver, Toronto and surrounding areas, as prices remain relatively low and interest rates seem to hold steady. “I’m definitely …
Read More »Flaunting fur might be back, thanks in part to vintage buyers and sustainable shoppers
For Mina Ely, fur has never been out of style. With her family’s Russian Jewish heritage, furs were the norm for both esthetic and practical reasons during cold Toronto winters. “I would always remember when they would go out, or when they would go to shul, it was just something …
Read More »Lower-priced new cars are gaining popularity in the U.S. — and not just for cash-poor buyers
An “affordability shift” is taking root in the U.S. auto industry, according to auto analysts. The trend is being led by people who feel they can no longer afford a new vehicle that would cost them roughly today’s average selling price of more than $47,000 US — a jump of …
Read More »Fall housing market could be ripe for 1st-time buyers. Here’s why
Some long-unaffordable pockets of Canada’s housing market could open up to first-time homebuyers this fall as interest rates decline but experts expect prices will hold relatively flat. Activity in the Canadian housing market has largely been muted through much of the spring and summer despite the start of rate cuts …
Read More »‘Serious buyers’ looking at homes in Hamilton despite continuing high borrowing costs: realtor – Hamilton
A realtor is suggesting home sales in Hamilton are beginning to favour buyers this spring, despite the regional numbers still showing a seller’s market amid continuing high borrowing costs. Rob Golfi of Remax Escarpment Realty told 900 CHML’s Good Morning Hamilton the market appears to be “picking up” with the …
Read More »Buyers return to Toronto housing market as prices climb after sluggish period: TRREB
TORONTO — The Toronto Regional Real Estate Board says competition between buyers returned to the market last month as the average home price in the area ticked above the average list price for the first time since May 2022. The Ontario board found Wednesday that the average price of a …
Read More »
Asian Tribune Your Multilingual Newspaper covering World and local news News