The Canadian Real Estate Association says it's now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.
The revised forecast came as CREA reported the number of home sales in March rose 1.7 per cent compared with a year ago. The average price of a home sold last month amounted to $698,530, up two per cent from March 2023.The information you need to know, sent directly to you: Download the CTV News App Zurini said he's seeing signs of that potential boom on the ground. According to in-house data at his firm, showings were up 25 per cent week-over-week to kick off the month of April.He said an appreciation in the value of homes on the market as a result of higher demand could wipe out the savings of a modest interest rate cut when purchasing a home.
Lawyers for two co-defendants of former U.S. president Donald Trump in the classified documents case are asking a judge on Friday to dismiss charges against them.Jury selection is set to start Monday in former President Donald Trump's hush money case -- the first trial among four criminal prosecutions of the presumptive Republican presidential nominee.Twenty years ago this month, photos of abused prisoners and smiling U.S.
The U.S. government's auto safety agency has opened an investigation into a Ford recall for gasoline leaks from cracked fuel injectors that can cause engine fires, saying in documents that the remedy doesn't fix the leaks.Tesla has settled a lawsuit over a 2018 car crash that killed an Apple engineer after his Model X, operating on Autopilot, swerved off a highway near San Francisco, court documents showed on Monday.
Housing prices in the GTA are expected to rise 10 per cent this year and will likely surpass those in Greater Vancouver by the end of 2024, according to an updated forecast by Royal LePage.An Ontario woman is out $86,000 after receiving a call from a fraudster claiming to be a Canada Revenue Agency investigator. They told her that her bank accounts were involved in a money laundering operation.
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