It's time to invest in Durham real estate
For a long time, home prices in Durham Region lagged behind the rest of the GTA. Oshawa in particular was the place to go to find a bargain to flip or a starter house you’d have to stay in for several years to build some equity. But are those days gone?
Expect many new home releases and openings this summer
There has been a lot of speculation about supply and demand in the world of Canadian real estate, specifically in Southern Ontario. A couple months of listings increasing in the Greater Toronto Area (GTA) resale market and a drop in sales has some people
Toronto housing starts dropped 44%
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for May 2017, announcing that starts trended upwards last month. In May 2017, Canadian housing starts trended at 214,621 units, a slight increase compared to April’s
Toronto housing market due for a gentle correction
With all the speculation about our overheated housing market, it’s hard to find two experts who agree on anything. Is there a bubble? Did it pop? Can we expect a gentle correction? What would a price correction do to the overall economy? The one thing we
Price growth remains strong despite substantial increase in listings
The Toronto Real Estate Board released its resale housing market figures for May 2017, announcing that price growth remains strong despite a substantial increase in listings. In May 2017, there were 10,196 sales reported by Greater Toronto Area (GTA)
You should keep a close eye on Cambridge real estate
As reported recently by Trimart Research Corporation, new low-rise sales dipped in April 2017 compared to last year across the Total Market Area (TMA). However, one area that did see some action was the Golden Triangle Region, specifically Cambridge!
Kitchener leading the Golden Triangle in new home sales
According to Trimart Research Corporation’s latest report, new low-rise sales were down 3.3% across the Total Market Area (TMA) in April 2017. Despite the drop in overall sales, Kitchener led the Golden Triangle Region with strong gains, and in the
New home supply falls below 10,000 for first time in more than a decade
The Building Industry and Land Development Association (BILD) released its monthly sales figures for April 2017, announcing that demand continues to outpace supply across the Greater Toronto Area (GTA), with overall inventory hitting a record low. As of
There are 2.2 million empty bedrooms in Toronto
I’ve written often about the transition to condo living, and I believe we are more and more embracing of the idea of close community. While some turn to condo living because they’re simply priced out of the detached market, there is an increasing segment
What does a burst housing bubble look like?
CBC this week took a look at the “question lingering behind every headline”: what does a burst bubble look like? For an answer, look back, they say, to 1989. After hitting a 30-year high of $273,698, the bottom fell right out of the market, with the
