Builders are releasing new homes gradually to manage low inventories
Trimart Research Corporation’s latest report stresses that the lack of inventory in the new low-rise market across the Total Market Area (TMA) is affecting home prices. Builders are running low on supply so they are limiting the number of lots they
Clairity 2 by Reid’s Heritage Homes sold out in just a few hours!
It looks like the strong demand for condo living has stayed steady through the holidays. Reid’s Heritage Homes recently hosted a VIP preview opening for their boutique condo in Guelph, Clairity 2, and they sold out in just a few hours! There are 63
Wayne Gretzky Selling Thousand Oaks Home
By Penny MunozLooks like “The Great One” (aka Wayne Gretzky) is expecting an impressive pay day. Having reached a tentative deal on the millions owed to him as the former head coach and director of hockey operations for the Phoenix Coyotes is not the
Canadian home sales continue to climb through the fall
According to the Canadian Real Estate Association, home sales reported through national MLS systems in September 2019 increased 15.5% year-over-year, and came in 18% above the six-year low hit in February 2019.
Is LJM Developments the new home market’s best kept secret?
We think we may have stumbled upon one of the best kept secrets in Burlington. Recently, we had the opportunity to visit the head office of LJM Developments and chat with their President, LJ Mian, about their plans for the future. With a focus on
Land constraints impacting pre-construction detached home sales
The Canada Mortgage and Housing Corporation released its national housing starts figures for August 2018, reporting a drop in the monthly trend.
Homebuyers continue to flock to new home openings and releases
With the new low-rise inventory hitting record lows, homebuyers have their fingers on the pulse and builders are aggressively marketing their new openings and releases, says Trimart Research Corporation.Last month, there were around 30 new openings and
Expect home sales to drop off in early 2018
The Canadian Real Estate Association (CREA) released its monthly home sales data for November 2017, and they also updated their resale housing market forecast. From October to November, national home sales jumped 3.9%, an unusual
The smart home technology that will become more prevalent in 2019
We’re not a tech hub where you’ll find the latest products, but in the spirit of the new year, we want to explore some of the smart home technology you may see more of in the coming months.
Canadian home sales increase for the sixth consecutive month
In August 2019, national home sales increased for the sixth month in a row, coming in 17% higher than the six-year low hit in February 2019. On a year-over-year basis, national sales jumped 5%, with significant activity in the Greater Toronto Area.
