New detached home construction surging in Ontario
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for February 2017, announcing that new home construction trended upwards with help from Ontario. Last month, Canada was on pace to hit 204,669 units this year. In
New home sales expected to stay strong through the summer
According to Trimart Research Corporation’s incoming new home sales figures, this spring is shaping up to be the most active spring ever in the Total Market Area (TMA). As of the end of April 2016, 37.5% of Trimart’s annual forecast had been achieved,
Ontario housing starts stable thanks to strong demand in new home market
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts data for September 2017, announcing that the trend decreased for the first time in many months. National housing starts trended at 214,821 units, which is slightly lower than
Average price of a detached home in Toronto nears $1.3 million
The Toronto Real Estate Board (TREB) released its monthly resale housing figures for April 2016, announcing record high sales and aggressive price growth. There were 12,085 home sales reported through the MLS last month, which is 7.4% higher than the
Will spring releases provide enough inventory for the new home market?
According to Trimart Research Corporation’s latest report, they are still recording new low-rise sales from February, and it’s looking like last month was very successful! As expected, Brampton and Oakville saw a lot of sales, and it looks like Pickering
How to Use Feng Shui to Improve Your Home
Feng Shui is the Chinese practice of rearranging your living or work environment to positively impact all aspects of your life. Many people in the western world dismiss Feng Shui as superstition or confuse the practice with mysticism. However, the art
Can the New Home Inventory Keep Up with Demand?
We’re well into summer and Trimart Research Corporation sees no sign of slowing down for the new low-rise market. There were over 20 new openings and releases across the GTA in June, and those openings should keep sales strong through the first couple
Only 18% of young Canadians putting off buying a home due to current debt load
Recently, Angus Reid Institute, in partnership with the Globe and Mail, released the results of a new public opinion poll about Canadian debt.
What first-timers should know about changes to the Home Buyers’ Plan
Thinking of breaking into the Canadian housing market for the first time? Chances are, you’re doing your research and looking into every possible tax break and incentive available to help financially ease your transition into home ownership.
Don’t blame foreign buyers for vacant homes in the GTA
There’s been word on the street that the amount of vacant homes in the Greater Toronto Area listed on MLS has increased significantly compared to last year. It’s possible your initial thought was to blame non-resident speculators – not so fast.
