Is Newmarket the next hot spot for real estate investment?
More than one of my real estate colleagues has pointed to Newmarket as a potential hot spot for residential development and investment. In my mind, it tends to fly low on the radar. I know people who lived there for a while, but until recently, I knew
‘It is impossible to time the market’: Ben Myers
We think it’s pretty safe to say that many people are confused about the state of the Greater Toronto Area’s (GTA) new home market right now. Prices are up, sales are down, inventory saw a little spike, and thousands of people are still flocking to new
Some people are praying for a housing market crash
There’s a storm brewing, and it’s not just all this rain we’re putting up with. It’s the increasingly sour feelings of those left behind in our runaway real estate market. According to McLean’s, the have-nots are praying for a housing market crash, even
New low-rise supply now increasing while sales drop
According to the latest report from Trimart Research Corporation, new low-rise sales across the Total Market Area (TMA) dropped by 26%, while inventory jumped nearly 28%. There is now 2.9 months of new low-rise inventory in the TMA. The West Region,
Average price of a new detached home in the GTA nears $2 million
The Building Industry and Land Development Association (BILD) released its new home sales figures for May 2017, announcing that the province's Fair Housing Plan has done little to cool the new home market in the Greater Toronto Area (GTA). There were
Is it time to invest in Yellowknife’s condo market?
The Canada Mortgage and Housing Corporation (CMHC) recently released its Northern Housing Report, highlighting Whitehorse, Yellowknife, and Iqaluit. Looking at the figures, some speculators may be interested in investing in Yellowknife’s condo market!
Foreign buyer activity on the rise in Montreal
Before the foreign buyer tax was even implemented in Ontario, some overseas investors started looking elsewhere for good opportunities. According to the Canada Mortgage and Housing Corporation (CMHC), Montreal is showing signs of being the next hot spot
New home construction in the GTA produces $5.2 billion in wages
There’s been plenty of talk and headlines about the Greater Toronto Area’s (GTA) housing market cooling, and it looks like we are in store for a gentle correction. When the market cools, there are less sales and less construction, so what does that mean
New home supply continues to drop leading into summer
The latest report from Trimart Research Corporation announces that new low-rise sales across the Total Market Area (TMA) are still dropping as we approach summer. The TMA includes the Greater Toronto Area (GTA), Simcoe County, the Golden Triangle, and
Find out why this Toronto family decided not to sell their home
Local entrepreneur, Eva Matthews, and handy-man husband, Steve (names changed for privacy) own a semi-detached home in the Junction area of Toronto. With their one daughter nearing 20 years of age, they thought it was time to start looking for a smaller
