Resale Market on Course for a New Record for Home Sales this Year
The Toronto Real Estate Board (TREB) released its monthly resale housing market figures for July 2015, announcing a big jump in sales and a very low inventory of homes.There were 9,880 sales reported through the MLS system last July, marking an 8%
Demand for urban towns and detached homes remains strong through fourth quarter
Trimart Research Corporation’s latest report recalls the record breaking sales in the second quarter of 2015, comparing the surge in new low-rise housing sales to the trend we are currently seeing in the fourth quarter. Though the new low-rise inventory
Average price of a new low-rise home in the GTA hits a record high...again
The Building Industry and Land Development Association (BILD) has released its November 2015 sales figures for the Greater Toronto Area’s (GTA) new housing market, announcing that the average price for a low-rise home has hit yet another record high,
Faster Internet in Toronto for over 1 Million Homes and Businesses
Last year, Toronto was awarded Intelligent Community of the Year by the Intelligent Community Forum (ICF), and this year, Toronto hosted the ICF’s 2015 Summit. Without a doubt, Toronto is on its way to being one of the smartest cities in the world,
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,
On The Danforth Arriving Soon in Toronto!
At the end of last year and the beginning of this one, we predicted that 2015 would be the year of boutique condos, and we haven’t been proven wrong yet, especially since Diam Developments is now collecting registrations for On The Danforth Condo in
The resale housing market sees record high sales in October
Last week, the Toronto Real Estate Board (TREB) announced its monthly resale housing figures for October 2015, announcing a record high amount of sales across the Greater Toronto Area (GTA).There were 8,804 sales reported through the MLS system last
Third quarter condo sales up 11% compared to last year
The Toronto Real Estate Board (TREB) recently released its third quarter resale condo market results for 2015, announcing a huge jump in condo unit sales across the TREB market area. “The condominium apartment market segment has been a key contributor to
GTA Price Gap Widens to Record High in April!
The Building Industry and Land Development Association (BILD) released its April 2015 new home stats, announcing a record-high price gap, tripling the figure from a decade ago.In 2005, the price gap was just $101,936. With the average price of a new
Will the new low-rise inventory satisfy demand until the spring?
According to Trimart Research Corporation, the Total Market Area’s (TMA) year-end sales for new low-rise homes in 2015 was the highest it’s been in the last 10 years! With nearly 25,000 new low-rise sales last year, prices were up due to low inventory
