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Toronto's booming real estate market fuels teardown trend

2015-06-02 04:56:16| Real Estate - Topix.net

Toronto's red hot real estate market is fuelling a push to tear down homes on valuable land and replace them with newer, bigger ones, sometimes to the dismay of urban planners. There are large numbers of tear downs underway in South Etobicoke, but the clear hot spot is in North York where over half are located.

Tags: real estate market real estate

 

Commercial real estate industry gets its own tech platform

2015-06-02 00:47:25| Real Estate - Topix.net

For Joy Hou, technology has drastically changed all industries but one: commercial real estate. The $15 trillion industry is burdened by arduous third-party certifications, international barriers and delayed negotiations that set-back the process, Hou said.

Tags: real estate industry commercial

 
 

June 1, 2015, real estate market update: mortgage delinquency rates

2015-06-01 17:25:41| Real Estate - Topix.net

The Mortgage Bankers Association's Commercial/Multifamily Delinquency Report showed that delinquency rates for commercial and multifamily mortgage loans declined in the first quarter of 2015.

Tags: real june estate market

 

CPF growth shows strong real estate market on Shelter Island

2015-06-01 15:19:19| Real Estate - Topix.net

REPORTER FILE PHOTO Real estate sales on Shelter Island spiked in the first quarter of this year over last year's numbers. Shelter Island Community Preservation Fund numbers that struggled through the first three quarters of 2014 to show an increase over the previous year, are 50 percent higher in the first four months of this year, according to Assemblyman Fred Thiele Jr. .

Tags: real estate market shows

 

Feud Over Real Estate Tax Break Proposal Heats Up Between Mayor, Governor

2015-06-01 14:14:24| Real Estate - Topix.net

Governor Andrew Cuomo and Mayor Bill de Blasio are escalating their fight over a real estate tax break proposal the mayor is pushing in Albany. The governor says it is a give-away to the real estate industry.

Tags: real estate break tax

 

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