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,
Housing Starts in Toronto Decrease for the First Time in Five Months
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts data for July 2015, announcing that multiple urban starts are making up for the decline in single-detached starts across the country. The trend measure for July was
A few quick pointers regarding your new home warranty
As reported in April, Urbancorp Group, a decades-old property developer in the GTA, filed for bankruptcy in the spring, with about a thousand homes under construction as of late 2015. With that in mind, I’m listing a few quick pointers regarding your new
Average Resale Price for a Detached Home in Toronto Breaks $1 Million
The Toronto Real Estate Board (TREB) has released its mid-month resale housing figures for the first two weeks of February 2015, announcing a jump in sales and in prices.Between February 1st and 14th, GTA REALTORS reported 3,120 sales through the
Most condo investors expect to own for more than five years
CMHC released its 2015 Condominium Owners Survey, saying that condo investors in our two hottest markets (yup, Toronto and Vancouver) display “stable characteristics over time,” meaning not much has changed over their last three reports.According to the
Economic growth remains stable and performs as expected in the GTA
Looking back at the interesting summer, Trimart Research Corporation is reporting that the economy is growing as expected. Recently, the Bank of Canada announced its overnight rate at 0.5%, and since the July 2015 Monetary Policy Report, economic growth
Average New Home Price Hits $733,578 for the First Time
The Building Industry and Land Development Association (BILD) announced that there were 2,798 new home sales in February 2015, according to RealNet Canada, BILD’s trusted resource for all new home market intelligence."The year is off to a stable start
Improve your decision making by improving your air quality
We know it’s important for developers to build greener homes to preserve our planet, but what about to maintain the health of our own brains?In 2015, a new study targeting air quality and our brain revealed that people who work in well-ventilated spaces
New phase of CityTowns coming soon to West Brampton!
If you have your heart set on owning a new home in Brampton, then you will be excited to hear that Fieldgate Homes and Paradise Developments are almost ready to launch the next phase of CityTowns at Valleylands!At the end of 2015 in November, a
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