Average price for a new home in the GTA hits record high
The Building Industry and Land Development Association (BILD) just released its GTA new home market figures for September 2015, announcing record high prices for the low-rise and high-rise markets. The new low-rise market saw an 18% year-over-year
New home inventory continues to drop as sales surge
According to Trimart Research Corporation, the recent long weekend only slightly affected the Total Market Area’s (TMA) new low-rise market. As of halfway through 2015, 68.2% of Trimart’s annual forecast has been achieved. New home inventory levels are
Condo Sales Surge in GTA Resale Market
The Toronto Real Estate Board (TREB) just announced that the number of resale transactions broke record highs for the third month in a row, making the second quarter of 2015 the highest selling second quarter on record.There were 11,992 home sales
Brampton and Oakville Lead the West in New Low-Rise Sales
Welcome to the first Trimart report of 2015! Trimart Research Corporation is currently accumulating all the sales data for December 2014, and will have a 2014 review prepared by the end of January or early February. As December sales continue to roll in,
GTA Resale Market Sees Record Amount of Sales in April
The Toronto Real Estate Board (TREB) just announced that GTA REALTORS reported a record-breaking amount of sales for April 2015 through the MLS system.In the City of Toronto, there were 4,071 sales, and in the 905 region, 7,232 sales, which equals a
GTA Resale Market on Track for Another Month of Record High Sales
The Toronto Real Estate Board (TREB) released its mid-month figures for June 2015, announcing that the resale market is still on track for another record high month. Both April and May posted up record high sales in the GTA’s resale market, and it seems
Mount Pleasant: Live Where Everything's at Your Finger Tips
Townwood Homes' sold out condo townsAs promised by many industry experts, the demand for low-rise living in Brampton has stayed strong through the beginning of 2015. A perfect example of Brampton’s booming development is the success of The Neighbourhoods
Condo and detached housing starts in Toronto trending higher
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for October 2015, announcing that condominium and single-detached starts in Toronto trended higher.For all of Canada, housing starts were trending at 206,089 units,
Prices Linked to Heartstrings, Not Predictions
Earlier this month, a report from TD Economics said that prices were headed for a “correction,” to the tune of about 8% by the end of 2015.The report says 70,000 units set for completion this year and next is a “striking” number and that buyer demand
Canada’s Housing Market to Remain Stable Through 2016
The Canada Mortgage and Housing Corporation (CMHC) has released its Housing Market Outlook, Canada Edition for the second quarter of 2015, announcing that the country’s housing markets should remain stable for the rest of the year and throughout
