Inside the Not-so-Great Real Estate Crash of 2013
I was just reading the Toronto Real Estate Board’s figures for August, about which they reported more than 7,500 residential transactions, an increase of more than 20% over last year’s 6,200ish. TREB’s president said sales were up strongly this August
The Beach Motel says its Goodbyes
Two years ago, we reported that Empire had purchased a site in the Humber Bay area, the location of the “Beach Motel.” While we eagerly gathered up as much info as we could and fawned over each new rendering, what we were really waiting for was the
New low-rise sales in the TMA hit decade-high last February
According to Trimart Research Corporation’s latest report, the Total Market Area (TMA) saw 2,273 new low-rise sales in February 2016, which is the most for any February over the last decade. Not only is this a record high for the last 10 years, it’s a
Trimart: Spring Ends on a High Note
Now that spring is over, some final numbers are rolling in for the season. Trimart’s annual forecast has already been 40.8% achieved, and spring ended with an upward trend. May was the fifth consecutive month to show monthly sales increases for new
One6Nine Jones receives an excellent response from the community!
Earlier this month, a new contemporary townhome development by Lifestyle Custom Homes launched in Toronto’s Leslieville neighbourhood. The development we speak of goes by the name of One6Nine Jones, and over 200 people attended the launch party! Young
Who should pay the piper?
Mayor Rob Ford and TTC chair Karen Stintz were at it again this week, squaring off over the bike-share system Bixi. Bixi, a portmanteau of bicycle and taxi, is a bike-share system that originated in Montreal in 2008. The system has now spread to several
Flaherty thinks privatization
By Sam ReissSince taking a number of measures over the last few years to quell the Canadian market through the Canada Mortgage and Housing Corp, it seems Finance Minister Jim Flaherty has done an about-face. He now says he’s done intervening and thinks
Foreign buyer tax shows ‘little impact’ on Vancouver home prices
Royal LePage recently released its third quarter 2017 report, collecting and analysing data from 53 of Canada’s largest housing markets.Nationally, the average home price went up 12% year-over-year to $545,414, but as we are sure you’re aware, Canada is
The 5 unique model homes at Parklands by Mason Homes
Do you enjoy touring model homes? Do you do it for inspiration or because you are in the market for a new home? Over the last 20 years, I’ve designed model homes for some of the GTA’s most popular and prolific builders. My latest block of model homes was
Why I think Toronto homeowners should pay lower property taxes
It looks like the City of Toronto’s property taxes are set to increase over the next few years. Depending on who I ask, people are either indifferent, happy, or furious.
