‘Unhinged’: Real estate prices in Canada shoot up as supply hits all-time low | YAHOO FINANCE

January 17, 2022, by Jessy Bains The Canadian Real Estate Association says real estate prices were up 26.6% nationally year over year in December, 2.5% month over month. Sales were down 9.9% year over year and basically flat month-over-month. The number of newly listed homes fell 3.2% month over month. The sales-to-new-listings ratio tightened to…

Condo Developer Plans To Buy $1-billion Worth Of Single-family Houses In Canada For Rentals | THE GLOBE AND MAIL

February 15, 2021, by Vikram Barhat, May 25, 2021, by Daniel Wong Core Development Group Ltd., a Toronto condo developer is buying hundreds of detached houses in Ontario, with the plan of renting them and profiting on the housing crisis ripping across the country. They are targeting eight mid-sized cities in Ontario, and this year…