What can a middle-class home buyer afford across Canada?
According to the latest data from the Canadian Real Estate Association, the average residential home will now set prospective home buyers back $525,000, though affordability challenges are much more acute in the nation’s priciest markets.
Housing starts in the GTA decrease as prices hit record highs
Despite a dip in Canadian housing starts in July, new low-rise sales in the Greater Toronto Area (GTA) have been very strong, given the traditionally slow summer period, according to Trimart Research Corporation. The inventory of new low-rise homes has
Pemberton Unveils The Urban Townhome Collection in Toronto
Pemberton Group has unveiled the Urban Townhome Collection, as well as a beautifully designed, furnished model, featuring artwork by Canadian author, visual artist, and cultural iconoclast Douglas Coupland.President of Pemberton Group, Marc A. Muzzo;
GTA home prices may drop 10%
The Teranet-National Bank Composite House Price Index released Monday says Canadian home prices rose 2% in July 2017 over June, and 14.2% over last year. The monthly increase in Toronto was 2.1%, although the report claims there are signs of weakness in
Toronto housing starts dropped 44%
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for May 2017, announcing that starts trended upwards last month. In May 2017, Canadian housing starts trended at 214,621 units, a slight increase compared to April’s
3 Toronto Condos with Outstanding Outdoor Amenities
Taking full advantage of the great Canadian summer is a top priority here in Toronto, because (as we all know) it’s only here for a short amount of time. Having a home that is summer-ready is a must! Check out these amazing new developments that’ll make
$55 Million Sale in Vancouver Biggest in Canada
On Sept. 25, Global News reported on what is being called the “biggest residential real estate deal in Canadian history.”The big dealBack in June, someone purchased the penthouse unit at the top of the Fairmont Pacific Rim hotel in Vancouver for $25
Concert Properties Purchases 5365 Dundas St. West
According to Urbanation’s Twitter feed, Concert Properties has just purchased the Canadian Tire site at 5365 Dundas St. West in Etobicoke. This site holds a lot of potential, and we are very excited to see what Concert proposes for it!The potential of
Toronto housing still at risk of overvaluation
The Canada Mortgage and Housing Corporation (CMHC) released its latest Housing Market Assessment (HMA) and Housing Market Outlook (HMO), declaring that overall Canadian markets are “highly vulnerable” with evidence of overvaluation and price
Oshawa housing starts hits record high
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for June 2017, announcing national starts increased. Canadian housing starts trended at 215,459 units in June, compared to 214,570 in May. The trend is a six month
