Neil Sharma

Neil has covered housing and real estate for a number of years as a Toronto-based journalist. Before joining STOREYS, he was a regular contributor for the Toronto Star, Toronto Sun, National Post, Vice, Canadian Real Estate Wealth, and several other publications.

Neil Sharma

Staff Writer

Up to 74% of Young Homeowners’ Income Spent on Mortgage Payments

A new report revealed that young Canadians are overleveraged in mortgage payments, and that could spell trouble.

Nearly Half of Homeowners Would Rather Renovate Than Move: Report

Housing prices have grown too high for most GTA buyers, and many are turning to home renovations instead, according to a report.

Industrial Tenants Flee Vancouver for Calgary Due to Tight Inventory

Vancouver's industrial market has scant availability, and Calgary, with its booming economy and scores of availability, is benefiting.

Terminated Listings Surge in Vancouver Amid Housing Market Softening

Housing prices are softening and terminated listings are being re-listing by realtors. With appraisals dropping too, what's in store?

Industrial Rental Rates Approaching $40 PSF in South Vancouver

The landlocked city doesn't have any land left that's zoned for industrial, and that's forcing developers like Wesbild to get creative.

Home Prices Are Down Nearly $80,000 in Some 905 Markets Compared to April

Home sales in the 905 dropped off a cliff in May from only one month earlier, the result of several factors, including inflation.

High-Density Land Sale Prices in the GTA Are Stagnating

Surging construction costs, municipal levies, regulations and bureaucracy have resulted in relatively flat land prices in the GTA.

This is What a Housing Correction Looks Like

The long overdue housing correction will spare the 416, however, some 905 markets could be in for a rough ride. But don't call it a crash.

BoC Rate Hike Unlikely to Sharply Impact Market, Says Royal LePage CEO

Although the Bank of Canada hiked its overnight lending rate to 1.5%, lofty home prices are having a bigger impact on the market.

Prefabricated Homes Touted as Solution to Housing Crisis

Panelized homes are built in factories and assembled expeditiously, which could help solve the housing crisis, while saving the environment.

"It’s Absurd:" London Woman’s Plight Highlights Importance of Leases

A London woman who was asked to move out of an apartment only to find it listed for more money might not have had recourse anyway.

Residential Drywallers the Last Holdouts in Ontario Construction Strike

Tilers recently settled, as did ICI drywallers, but residential drywallers are the remaining holdouts in the near month-long strike.

2024 © STOREYS Publishing Inc. | All Rights Reserved