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Small-town real estate heating up in big city way – Yahoo News Canada

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The Canadian Press

A look at COVID-19 vaccinations in Canada on April 4, 2021

The latest numbers on COVID-19 vaccinations in Canada as of 10:30 p.m. ET on Sunday April 4, 2021. In Canada, the provinces are reporting 44,982 new vaccinations administered for a total of 6,233,533 doses given. Nationwide, 719,100 people or 1.9 per cent of the population has been fully vaccinated. The provinces have administered doses at a rate of 16,447.63 per 100,000. There were 135,100 new vaccines delivered to the provinces and territories for a total of 7,974,970 doses delivered so far. The provinces and territories have used 78.16 per cent of their available vaccine supply. Please note that Newfoundland, P.E.I., Nova Scotia, New Brunswick and the territories typically do not report on a daily basis. Newfoundland is reporting 13,720 new vaccinations administered over the past seven days for a total of 68,951 doses given. The province has administered doses at a rate of 131.679 per 1,000. In the province, 1.84 per cent (9,654) of the population has been fully vaccinated. There were zero new vaccines delivered to Newfoundland for a total of 101,660 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 67.83 per cent of its available vaccine supply. P.E.I. is reporting 4,895 new vaccinations administered over the past seven days for a total of 25,153 doses given. The province has administered doses at a rate of 158.565 per 1,000. In the province, 4.55 per cent (7,212) of the population has been fully vaccinated. There were zero new vaccines delivered to P.E.I. for a total of 31,885 doses delivered so far. The province has received enough of the vaccine to give 20 per cent of its population a single dose. The province has used 78.89 per cent of its available vaccine supply. Nova Scotia is reporting 28,255 new vaccinations administered over the past seven days for a total of 111,403 doses given. The province has administered doses at a rate of 114.154 per 1,000. In the province, 3.03 per cent (29,530) of the population has been fully vaccinated. There were zero new vaccines delivered to Nova Scotia for a total of 186,050 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 59.88 per cent of its available vaccine supply. New Brunswick is reporting 33,407 new vaccinations administered over the past seven days for a total of 120,673 doses given. The province has administered doses at a rate of 154.701 per 1,000. In the province, 3.46 per cent (27,012) of the population has been fully vaccinated. There were zero new vaccines delivered to New Brunswick for a total of 147,685 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 81.71 per cent of its available vaccine supply. Quebec is reporting 41,194 new vaccinations administered for a total of 1,529,541 doses given. The province has administered doses at a rate of 178.755 per 1,000. There were 135,100 new vaccines delivered to Quebec for a total of 2,127,605 doses delivered so far. The province has received enough of the vaccine to give 25 per cent of its population a single dose. The province has used 71.89 per cent of its available vaccine supply. Ontario is reporting zero new vaccinations administered for a total of 2,424,063 doses given. The province has administered doses at a rate of 165.025 per 1,000. In the province, 2.19 per cent (321,469) of the population has been fully vaccinated. There were zero new vaccines delivered to Ontario for a total of 2,825,795 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 85.78 per cent of its available vaccine supply. Manitoba is reporting zero new vaccinations administered for a total of 204,107 doses given. The province has administered doses at a rate of 148.225 per 1,000. In the province, 4.39 per cent (60,519) of the population has been fully vaccinated. There were zero new vaccines delivered to Manitoba for a total of 343,730 doses delivered so far. The province has received enough of the vaccine to give 25 per cent of its population a single dose. The province has used 59.38 per cent of its available vaccine supply. Saskatchewan is reporting zero new vaccinations administered for a total of 214,246 doses given. The province has administered doses at a rate of 181.695 per 1,000. In the province, 3.32 per cent (39,119) of the population has been fully vaccinated. There were zero new vaccines delivered to Saskatchewan for a total of 232,495 doses delivered so far. The province has received enough of the vaccine to give 20 per cent of its population a single dose. The province has used 92.15 per cent of its available vaccine supply. Alberta is reporting zero new vaccinations administered for a total of 653,010 doses given. The province has administered doses at a rate of 148.342 per 1,000. In the province, 2.36 per cent (103,926) of the population has been fully vaccinated. There were zero new vaccines delivered to Alberta for a total of 848,315 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 76.98 per cent of its available vaccine supply. British Columbia is reporting zero new vaccinations administered for a total of 788,249 doses given. The province has administered doses at a rate of 153.608 per 1,000. In the province, 1.70 per cent (87,394) of the population has been fully vaccinated. There were zero new vaccines delivered to British Columbia for a total of 989,250 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 79.68 per cent of its available vaccine supply. Yukon is reporting zero new vaccinations administered for a total of 35,470 doses given. The territory has administered doses at a rate of 849.968 per 1,000. In the territory, 27.78 per cent (11,592) of the population has been fully vaccinated. There were zero new vaccines delivered to Yukon for a total of 51,400 doses delivered so far. The territory has received enough of the vaccine to give 120 per cent of its population a single dose. The territory has used 69.01 per cent of its available vaccine supply. The Northwest Territories are reporting zero new vaccinations administered for a total of 37,655 doses given. The territory has administered doses at a rate of 834.571 per 1,000. In the territory, 30.88 per cent (13,933) of the population has been fully vaccinated. There were zero new vaccines delivered to the Northwest Territories for a total of 51,600 doses delivered so far. The territory has received enough of the vaccine to give 110 per cent of its population a single dose. The territory has used 72.97 per cent of its available vaccine supply. Nunavut is reporting zero new vaccinations administered for a total of 21,012 doses given. The territory has administered doses at a rate of 542.581 per 1,000. In the territory, 19.99 per cent (7,740) of the population has been fully vaccinated. There were zero new vaccines delivered to Nunavut for a total of 37,500 doses delivered so far. The territory has received enough of the vaccine to give 97 per cent of its population a single dose. The territory has used 56.03 per cent of its available vaccine supply. *Notes on data: The figures are compiled by the COVID-19 Open Data Working Group based on the latest publicly available data and are subject to change. Note that some provinces report weekly, while others report same-day or figures from the previous day. Vaccine doses administered is not equivalent to the number of people inoculated as the approved vaccines require two doses per person. The vaccines are currently not being administered to children under 18 and those with certain health conditions. In some cases the number of doses administered may appear to exceed the number of doses distributed as some provinces have been drawing extra doses per vial. This report was automatically generated by The Canadian Press Digital Data Desk and was first published April 4, 2021. The Canadian Press

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Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

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TORONTO – The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent compared with 4,611 in the same month last year. Sales were up 14 per cent from September on a seasonally adjusted basis.

The average selling price was up 1.1 per cent compared with a year earlier at $1,135,215. The composite benchmark price, meant to represent the typical home, was down 3.3 per cent year-over-year.

“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October,” said TRREB president Jennifer Pearce in a news release.

“The positive affordability picture brought about by lower borrowing costs and relatively flat home prices prompted this improvement in market activity.”

The Bank of Canada has slashed its key interest rate four times since June, including a half-percentage point cut on Oct. 23. The rate now stands at 3.75 per cent, down from the high of five per cent that deterred many would-be buyers from the housing market.

New listings last month totalled 15,328, up 4.3 per cent from a year earlier.

In the City of Toronto, there were 2,509 sales last month, a 37.6 per cent jump from October 2023. Throughout the rest of the GTA, home sales rose 48.9 per cent to 4,149.

The sales uptick is encouraging, said Cameron Forbes, general manager and broker for Re/Max Realtron Realty Inc., who added the figures for October were stronger than he anticipated.

“I thought they’d be up for sure, but not necessarily that much,” said Forbes.

“Obviously, the 50 basis points was certainly a great move in the right direction. I just thought it would take more to get things going.”

He said it shows confidence in the market is returning faster than expected, especially among existing homeowners looking for a new property.

“The average consumer who’s employed and may have been able to get some increases in their wages over the last little bit to make up some ground with inflation, I think they’re confident, so they’re looking in the market.

“The conditions are nice because you’ve got a little more time, you’ve got more choice, you’ve got fewer other buyers to compete against.”

All property types saw more sales in October compared with a year ago throughout the GTA.

Townhouses led the surge with 56.8 per cent more sales, followed by detached homes at 46.6 per cent and semi-detached homes at 44 per cent. There were 33.4 per cent more condos that changed hands year-over-year.

“Market conditions did tighten in October, but there is still a lot of inventory and therefore choice for homebuyers,” said TRREB chief market analyst Jason Mercer.

“This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continues to lag population growth, selling price growth will accelerate, likely as we move through the spring of 2025.”

This report by The Canadian Press was first published Nov. 6, 2024.

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Homelessness: Tiny home village to open next week in Halifax suburb

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HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

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Here are some facts about British Columbia’s housing market

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Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

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