Canada's Condominium Magazine

Monthly Archives: June 2013

Interesting times for retail as e-commerce poised for rapid growth

Interesting times for retail as e-commerce poised for rapid growth

Retail is risky business these days. More and more consumers are going online to do their shopping, and in some categories retailers are losing market share to the e-tailers. The numbers of online shoppers will only increase, but retailers must learn to make the experience more comfortable and secure to make sure they don’t miss… Continue Reading

Realtors happy electronic sales agreements will soon be legal

Realtors happy electronic sales agreements will soon be legal

Ontario realtors say they are pleased that it will soon be legal to conclude agreements of purchase and sale of real estate in Ontario electronically. An amendment to the Electronic Commerce Act that would allow this was included in the Ontario government’s budget, which passed at Queen’s Park yesterday. Previously, real estate transactions were excluded… Continue Reading

OECD head: more countries should be like Canada

OECD head: more countries should be like Canada

Just a few days ago, the Organization for Economic Cooperation and Development (OECD) said that it was worried about the overvaluation of Canada’s residential housing market. The organization rated Canada’s real estate the third most overvalued in the world, based on home prices and incomes. Today, the secretary general of the OECD seemed to go… Continue Reading

Parking no big deal in a walkable, transit-served city

Parking no big deal in a walkable, transit-served city

[highlight]Changing attitudes, rising costs are making car ownership, including parking, an unwanted expense for many[/highlight] Canada is one of several countries where the number of younger people who hold drivers’ licences has fallen over the past twenty-five years. The drop in younger drivers has been matched by an increase in older drivers. Because of this… Continue Reading

Better batteries could be coming to a device or car near you

Better batteries could be coming to a device or car near you

Battery-powered devices, from computer mice to hearing aids, are great, except that they use batteries. That is to say, the batteries die all too soon, depending on usage, and we have to replace (or recharge) them. But rechargeable batteries soon lose their capacity to recharge, and then there’s nothing to do but buy some more.… Continue Reading

Housing market is correcting, rebalancing, manageable: Scotiabank

Housing market is correcting, rebalancing, manageable: Scotiabank

Toronto’s housing market is in the process of rebalancing, prices are moderating, demand is lessening and, barring a major economic downturn, it will continue this way for another couple of years. Demographic trends, however, remain favourable for continued expansion in both the rental and home ownership markets.That’s the latest analysis of the Toronto housing market… Continue Reading

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