Condo construction in the GTA hits record high
Urbanation, the authority on condo market intelligence in the Greater Toronto Area, released its market results for the second quarter of 2018, reporting a drop in sales as developers respond to the buyer slowdown.
A surprising amount of couples aren’t talking about money and debt issues
Manulife Bank of Canada recently commissioned Ipsos to conduct a survey about financial issues at home and confiding in a significant other. The results are shocking and unsurprising at the same time.
An action plan to improve housing affordability in the GGH
Ryerson University’s Centre for Urban Research & Land Development recently released an “Action Plan,” aiming to improve housing affordability in the Greater Golden Horseshoe.
The GTA must embrace the influx of condo kids
Jackie noticed a lack of children’s books about kids who live in condos. In fact, she couldn’t even track down one, so she did something about it. She’s writing a series of books under the umbrella title, The Condo Kids.
How are millennials affording new homes and condos in the GTA?
With the Altus Group statistics released by BILD for May 2018 noting that the benchmark price for new single-family homes was $1,144,191 and for high-rise $758,370, one has to wonder how first-time buyers are making their way into the market.
Average price of a home in the GTA edges up 2%
The Toronto Real Estate Board released its monthly resale housing market figures for June 2018, reporting some positive signs for the Greater Toronto Area.
Laneway suites are now allowed in Toronto!
Toronto city council just approved bylaw amendments permitting the construction of laneway suites! The 30-5 vote ends a long-standing push for laneway suites as a way to address the shortage in the rental market and ease homeownership costs.
Toronto named 5th most unaffordable city
It’s always nice when Toronto makes lists of the world’s cleanest cities, nicest cities, happiest cities. Less so when we’re landing ourselves on a list of the world’s most unaffordable.
Implementing the York Region MLTT could hinder home supply
Recently, York Region councillors made it clear that they want new tax powers from the province, mainly a new municipal land transfer tax (MLTT).
See what scares this first-time buyer the most
Going through the homebuying process for the first time can be intimidating. There are many steps, a lot of paperwork, lawyers get involved, and you’re making deals with hundreds of thousands of dollars.
