Commercial Real Estate Blog - Commercial PLANIT - PLANIT real estate inc.

Ontario residential property taxpayers will see an average assessment increase of five per cent in 2009, the first year of a four-year phase-in plan.“Residential property values have increased by an average of approximately 20 per cent across Ontario since 2005, when the last assessment update was done,” Carl Isenburg, President and ...

The Economy Canada’s real gross domestic product (GDP) fell by 0.1 per cent in the first quarter of this year as inventory accumulation suffered a significant slow down. The inventory correction shaved over one percentage point off of GDP, while a decline in exports subtracted about one-third of a percentage point (nonannualized) in the ...

New home construction will begin to slow in 2008, but will remain high by historical standards, according to the Canada Mortgage and Housing Corporation's (CMHC) third quarter Housing Market Outlook report. In Ontario, economic uncertainty, rising new housing prices and a greater selection of homes available in the resale market will result ...

"There's been a lot of talk about real estate in the news in recent months. We've heard about declining housing starts, falling existing home sales, double-digit price depreciation, subprime fallout and foreclosures - in the United States. Fortunately, we live in Canada. And Canadian real estate markets are far-better positioned ...