Read this before moving to the suburbs to save money
A new report from the Canada Mortgage and Housing Corporation finds that the savings from buying a lower priced house in the suburbs of Toronto may be offset by commuting costs.
New townhomes still important despite falling sales and growing demand for condos
The Altus Group released its latest housing report last month with a focus on how new townhomes are playing a role in Canada’s new home market.
Would new road rules for King Street impact condo prices?
The King Street Pilot is an innovative approach to a unique stretch of downtown Toronto. The evidence seems to be there to justify making the regulations permanent, but we’ll have to wait to see what the new council decides.
Canadian housing starts drop for fourth consecutive month
The Canada Mortgage and Housing Corporation released its housing starts results for October 2018, reporting a decline in the national trend.
Average price per square foot for new condo launches surpasses $1,000 for the first time
Urbanation, the leading source for condo market intelligence in the Greater Toronto Area, released its third quarter results for 2018, reporting some record highs.
Canadian housing market to moderate in 2019 and 2020
The Canada Mortgage and Housing Corporation released its 2018 Housing Market Outlook, and it looks like moderation is the name of the game for the next two years.
The tight resale market sees an uptick in semi-detached sales
The Toronto Real Estate Board released its resale market results for October 2018, reporting tightening conditions in the Greater Toronto Area with sales up and new listings down.
Many Canadians giving up on the dream of single-family homeownership
Sotheby’s International Realty Canada just released its 2018 Modern Family Home Ownership Trends, a joint report with Mustel Group.
Increase in listings fails to ease soaring rents
It continues to get more difficult for people and families looking to rent a condo apartment in the Greater Toronto Area. The Toronto Real Estate Board’s quarterly rental market report shows a significant increase in monthly rent.
Average selling price of a condo in Toronto nears $600,000
The Toronto Real Estate Board released its third quarter 2018 results for the Greater Toronto Area’s condo market, reporting tighter conditions.
