Sammy Hudes - Reporter | CBC - Action News
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Sammy Hudes - Reporter | CBC

Latest from Sammy Hudes

GTA home sales down 16% in June despite interest rate cut: TRREB

The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.

Report expects Canadian home prices to hit record highs in 2026

The latest report by the Canada Mortgage and Housing Corporation is forecasting record high housing prices and low vacancy rates as supply fails to meet demand across the country.

Toronto-area home sales down in March, competition hikes prices up: board

TheTorontoRegional Real Estate Board says GreaterTorontohomesalesin March were down 4.5 per cent from last year, but there was enough competition between buyers that the average home price rose moderately year-over-year.

Housing minister warns against resistance to ending exclusionary zoning

Canada's housing minister is warning that municipalities without a ban on exclusionary zoning will not succeed with applications for federal housing accelerator funding.

Vancouver region closes out 2023 with higher home sales, average price of $1.17M

The composite benchmark home price in December for Metro Vancouver was $1,168,700 according to the Real Estate Board of Greater Vancouver.

Reduced visibility expected for Ontario due to Christmas Day fog: Environment Canada

Near-zero visibility is expected to persist throughout parts of Ontario on Christmas Day due to foggy conditions.

Missed opportunity or dodged bullet? What Ohtani's L.A. pick means for Rogers

While baseball star Shohei Ohtani's decision not to sign with the Toronto Blue Jays over the weekend has left fans wondering what might have been, one sports economist says team owner Rogers Communications Inc. is better off for having struck out.

Rogers turns on cell service at remaining TTC subway stations for its own customers

Rogers Communications Inc. says it has turned on wireless service for its customers at all remaining Toronto subway stations plus a limited section of the tunnels, but it is still unclear when TTC riders with other mobile carriers could get the same access.

Vancouver leads the way as Canadian rent prices hit new high for 6th month in a row: report

The average askingpricefor a rental unit in Canada reached $2,178 last month, a 9.9 per cent year-over-year increase and continuing a trend that has seen asking rents hit new highs for six months in a row.

Greater Toronto Area home sales drop 5.8% in October amid high borrowing costs

GreaterToronto Areahome sales fell 5.8 per cent last month compared with October 2022, with sales of townhouses recording the biggest decline.