Consumer satisfaction company J.D. Power and Associates reported that homeowner satisfaction in Ottawa and the Greater Toronto Area has declined since last year. According to their data, Ottawa homeowners scored 638, on a scale of 1,000, down from 681 in 2008. Toronto homeowners scored 674, much lower than their score of 710 last year. The […]
Native Canadians have always held the lead when it comes to homeownership, with immigrants usually trailing behind. But in the past several years, it seems as if Canadian immigrants are catching up. According to Scotia Economics, the percentage of Canadian-born residents owning a home went from 73 to 75 from 2001 to 2006. In complete […]
In an upsetting move, the Bank Street condominium project has cancelled agreements for their much-delayed eco-building. Homeowners who previously negotiated on terms, some up to five years earlier, are finding that their contracts are no longer valid. EcoCite Development, the company in charge of the venture, has some excessive financial obstacles that it is trying […]
