Celebration Common is the new waterfront park at Ontario Place
The province has released more details and the conceptual design for Celebration Common, the new park at Ontario Place in Toronto’s west end.
Foreign buyer activity drops in the GTA
According to a recent report from Royal Bank of Canada (RBC), foreign buyers now make a stronger impact in Ottawa compared to the Greater Toronto Area (GTA), though Vancouver and Victoria remain the top spots for non-resident speculators.
Increasing development charges will hinder affordability
Development charges are meant to be used for the infrastructure necessary to sustain additional population as a result of development.
Toronto housing market still at risk of overvaluation
The Canada Mortgage and Housing Corporation (CMHC) released its quarterly Housing Market Assessment (HMA), announcing that the national market is highly vulnerable for the seventh consecutive quarter.
Development charge rebates to stimulate creation of affordable rental housing
The province of Ontario recently announced development charge rebates in an effort to stimulate the creation of more affordable rental housing.
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.
3 ways to market your Toronto home listing this spring
Billed as the busiest time of year to purchase a resale or new construction home, the months between March and June typically see an influx of new listings and a renewed buyer force.
Domestic condo investors are the ones actually holding the reins
It’s domestic condo investors, not foreign investors, who are shaping the GTA market according to a new report by Urbanation’s Shaun Hildebrand and CIBC economist Benjamin Tal.
National average home sale price drops more than 10%
The Canadian Real Estate Association (CREA) released its national home sales report for March 2018, announcing a 10.4% year-over-year drop in average sale price.
New park connecting downtown Toronto to Rouge National Urban Park
Scarborough is getting a 500-acre linear park! Dubbed The Meadoway, the project is a collaboration between Toronto and Region Conservation Authority (TRCA), the City of Toronto, and The W. Garfield Weston Foundation.
