Q&A with R. Scott Davie sheds light on the housing affordability crisis
We are in the middle of a housing affordability crisis. If price growth continues to outpace income growth, younger generations will have an extremely difficult time buying a home.
What your property taxes pay for in the City of Toronto
Property taxes can be confusing. Fortunately, the City of Toronto has a Property Tax Calculator that actually shows how your money is being distributed to various services and infrastructure developments and maintenance.
8 postdoctoral fellows receive funding to expand housing research in Canada
In an effort to spur innovation with regards to housing development in Canada, the federal government has announced funding for eight postdoctoral fellows.
You can expect condo sales in downtown Toronto to spike again
A recent report found that condo buyers are extending their home search to the outskirts of the Greater Toronto Area, likely in search of relatively affordable prices and more square footage for their dollar. I don’t think this trend will last long.
Pent up demand supporting strong price growth in resale housing market
The Greater Toronto Area resale housing market had a strong spring, and summer started off strong, too. Based on the latest market figures from the Toronto Real Estate Board, summer is still hot!
The Thornhill in Vaughan is a new master-planned condo community coming this fall!
A new master-planned condo community by The Daniels Corporation and Baif Developments is coming to Vaughan, and the opening is just around the corner!
Canadian housing market maintains moderate degree of vulnerability
It looks like Canada’s housing market is finally balancing out, according to the latest Housing Market Assessment from the Canada Mortgage and Housing Corporation.
Weekend tasks you should do around your home before August ends
The first long weekend in August is a great time to get some quick home maintenance tasks done. If you’re heading up to the cottage, you can use this post as a to-do list for next weekend or the weekend after.
Condo buyers are heading to the outskirts of the Greater Toronto Area
Urbanation released its condo market results for the second quarter of 2019, reporting that there were 8,902 condo sales in the GTA, which is an increase of 77% year-over-year.
Canada launches $100 million program to support first-time buyers
The Shared Equity Mortgage Providers Fund launched at the end of July 2019. It’s a $100 million, five-year program managed by the Canada Mortgage and Housing Corporation that will support existing SEMPs.
