Richmond Hill
Industry
Richmond Hill Mortgage Lender Placed In Receivership Amid $10M Debt, Claims Of Fraud
In early-August, the private mortgage lender Equityline SPV came under receivership after failing to repay over $10M in loans to Equitable Bank.
Aug 14, 2024
Richmond Hill
This GTA Storage Solution Takes The Stress Out Of Downsizing
Downsizing makes a lot of sense in today’s climate, and it's no surprise that it’s an increasingly popular move (no pun intended) in the Greater Toronto Area (GTA).
Real Estate News
GTA Home Sales Tumble 12%, Prices Fall More Than 5% In 2023
The biggest hits were taken in the 905 region, where price declines for each type of housing were greater than those in Toronto.
Homes
Homebuyers Have More Choice As Sales And Prices Continue To Fall in GTA
High borrowing costs, uncertain economic conditions, and a general lack of affordability have strangled home sales this year, pushing many would-be buyers to wait on the sidelines until purchasing makes more financial sense.
Cold Plunges, Hot Potential: This Mountain Spa Fund Has Investors Paying Attention
Wellness tourism is booming. Nordic spas are trending. And in Western Canada’s beloved mountain towns, demand for immersive, nature-connected experiences is vastly outpacing supply.
Real Estate News
Richmond Hill Inks $31M Housing Accelerator Fund Deal
The funds will fast-track the creation of over 780 new housing units over the next three years.
Richmond Hill
Competition Heating Up in GTA Real Estate Market as Prices Pick Back Up
With the spring market in full swing, competition for GTA real estate is heating up as low listings leave would-be buyers with few options.
GTA
Richmond Hill
On Demand: Toronto Housing Market Continues to Tighten as Inventory Lags and Sales Jump
Home sales in the GTA jump up significantly in March, further tightening a housing market that was already struggling with inventory levels.
GTA
Richmond Hill
Average GTA Home Price Down 18% Since Rate Hikes Began
Home prices in the GTA were down 17.9% in February compared to the same month last year — the final month before the rate hike cycle began.
Richmond Hill
GTA Housing Market “Abnormally Front-End Loaded” in 2022, Defined by Downward Trends
Experts weigh in on TRREB's GTA data for 2022, which put average home price above its year-ago level, despite declining home-buying activity.
GTA
Richmond Hill
Despite Market Correction, Average GTA Home Prices Were Up Nearly 9% in 2022
Despite a 10-month-long market downturn, average GTA home prices in 2022 still managed to sit up 8.6% over the year prior.
GTA
Transportation
New Coronavirus Patient Took GO Bus From Pearson Airport While Symptomatic
A woman who tested positive for coronavirus and was a passenger on a GO bus to Richmond Hill from Pearson International Airport.
Richmond Hill
Hot January Toronto Home Sales to be a 2020 Trend: TTREB
According to the latest data from the Toronto Regional Real Estate Board, in 2020 competition is going to heat up among buyers in the GTA.
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