Canadian housing market picking up steam in the second half of 2018
The Canadian Real Estate Association released its home sales statistics for July 2018, reporting an increase in national activity!
60% of the CMA’s condo starts last month were in Toronto
The Canada Mortgage and Housing Corporation released its monthly housing starts results for July 2018, reporting a downwards trend.
Baby boomers are about to flood the condo market
Baby boomers are about to impact the condo market in a big way, according to the results of the Royal LePage Boomer Trends Survey, conducted by Leger.
Detached home sales on the rise, along with the average price
The Toronto Real Estate Board released its resale housing market results for July 2018, reporting an increase in average price and sales in the Greater Toronto Area.
The most affordable places to live in Canada
Oakville was recently named the best place to live in Canada by MoneySense Magazine. But, with homes averaging $1.2 million, it’s not the most affordable city. If housing affordability is a top priority for you, don’t worry, that list exists too.
Condo construction in the GTA hits record high
Urbanation, the authority on condo market intelligence in the Greater Toronto Area, released its market results for the second quarter of 2018, reporting a drop in sales as developers respond to the buyer slowdown.
Home price growth slowing, but Toronto still at risk of price acceleration
The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that the country’s housing market is highly vulnerable for the eighth consecutive quarter.
You can’t have a complete community without employment
The Centre for Urban Research & Land Development out of Ryerson University has released another interesting report; this one’s about the effectiveness of Ontario’s Growth Plan for the Greater Golden Horseshoe from an employment growth perspective.
Despite soaring prices, new condos remain the most affordable option
The Building Industry and Land Development Association released its new home statistics for June 2018, reporting a strong focus on new condos in the Greater Toronto Area, despite rising prices.
Luxury home sales levelling out in the GTA
Earlier this month, Sotheby’s International Realty Canada released its 2018 Mid-Year Top-Tier Real Estate Report, highlighting sales activity of $1 million+ and $4 million+ homes in major markets.