2018 may be a bad year for first-time buyers
The Toronto Real Estate Board (TREB) released its Market Year in Review & Outlook Report, which includes the results of their latest Ipsos consumer survey. There are no big surprises in the report – new policies were set in motion last
Toronto at risk of overvaluation despite slowed price growth
The Canada Mortgage and Housing Corporation (CMHC) released its Housing Market Assessment (HMA), announcing Canada’s housing markets as highly vulnerable for the sixth consecutive quarter, mostly due to strong evidence of overvaluation
More and more buyers priced out of the new condo market
The Building Industry and Land Development Association (BILD) released its new home sales report for December 2017 along with some totals for the year, announcing strong sales amidst declining inventory. There were 44,143 new home sales
Condo demand showing no signs of slowing down
The Toronto Real Estate Board (TREB) released its condo and rental market report for the fourth quarter of 2017 (Q4-2017) announcing steady demand for condo living in the Greater Toronto Area (GTA). GTA realtors reported 5,773
Development application process may take even longer with the LPAT
Urban Land Institute Toronto (ULI) recently hosted a sold out panel, Navigating a Post-OMB World. Panelists included Jane Pepino, Senior Partner, Aird & Berlis LLP; Leona Savoie, Vice President, Hullmark Developments Ltd.; Emma West,
Rental demand outweighing supply in the GTA
Urbanation, the Greater Toronto Area’s (GTA) leading source for condo market intelligence, recently released its 2017 fourth quarter rental market report, announcing that supply is not meeting the strong demand. There were 27,219 condo
Canadian home sales climb in December
The Canadian Real Estate Association (CREA) released its national home sales report for December 2017, announcing another month of increased activity. Despite the typically slow season, December 2017 was the fifth consecutive month of
Construction in Toronto’s Port Lands kicks off!
Remember back in June 2017 when all levels of government announced more than $1 billion in funding for Toronto’s Port Lands Flood Protection project? Well, construction has commenced! Julie Dabrusin, Member of Parliament for
Luxury condo market booming in the GTA
Sotheby’s International Realty Canada recently released its 2017 Year-End Top-Tier Real Estate Report, announcing an increase in activity in the Greater Toronto Area’s (GTA) condo and attached home market. When the Fair Housing
Housing starts remain steady in December 2017
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for December 2017, announcing that new home construction remained stable. Last month, housing starts trended at 226,777 units, almost unchanged compared to
