A different way of looking at housing supply
Even when the Greater Toronto Area (GTA) housing market is calming down it seems hot. New single-family home sales in March 2018 dropped 77% compared to the same period last year, but the benchmark price is still more than $1.2 million.
Average Price for New Low-Rise Hits $667,667
As of the end of April, new home sales in the Greater Toronto Area (GTA) are still climbing at a rapid rate, announced the Building Industry and Land Development Association (BILD) in a recent press release.According to RealNet Canada Inc., BILD’s
Condos Today and the Art of Architecture
By David EisenstadtIn Toronto, condominiums are flourishing as the new home choice of residents and investors. Condos are also helping to fuel the renters’ market, and the appeal is understandable. Living in one of these new buildings brings with it a
Jane Jetson’s Dream Kitchen Comes to Life
In 1950, an Associated Press article, “How Experts Think We’ll Live in 2000 A.D.,” predicted that homes in the future would be similar to an episode of the Jetsons. The article reported that “people will live in houses so automatic that push-buttons will
Studio and Studio 2 in Toronto are 85% sold!
Can you believe it’s been nearly two years since we’ve visited the Studio and Studio 2 site by Aspen Ridge Homes?! It’s so close to our offices, that it’s strange that we haven’t been in so long, but we finally had the chance to meet up with Armin
Energy-efficient housing made more affordable
As the price of energy continues to rise, homebuyers are becoming more conscious of the energy efficiency of their potential home. Today, more options exist to buy an energy efficient abode than ever before. The growing demand for energy efficiency has
A Smashing Success: Averton’s Preview Openings Break Records
November was an overwhelmingly successful month for Averton Homes. After announcing the development of two new projects in the Greater Toronto Area (GTA), the developer hosted two Preview Opening Events for registered homebuyers, offering the opportunity
February: Developers of Tomorrow
Our blog’s new theme for the month of February is “Developers of Tomorrow.”No, we’re not talking about welding by jetpack or hover-cranes (as awesome as that would be). We’ll be interviewing many of the home building industry’s newest, youngest, and
AQUABLU is 85% sold and now under construction!
(L-R) Associate Director Planning Lead - John Ariens - IBI Group; Founder - Peter DeSantis - Homes By DeSantis; Alderman - Joanne Johnston - Town Council; Mayor - Bob Bentley - Town of Grimsby; President - Gabriel DeSantis; Alderman - Dave Wilson - Town
3 ways to improve the mortgage stress test
At the end of 2018, I wrote about the idea of reducing or repealing the mortgage stress test. Now I want to suggest some possible amendments that would make the stress test more fair now that interest rates are rising and home prices are still high.
