No signs of housing demand waning in the Greater Toronto Area
It’s been a while since I felt the need to write a post about a housing market bubble, but the recent 2019 UBS Global Real Estate Bubble Index put Toronto at second greatest bubble risk in the world, so naturally, I have to talk about it.
Daniels providing 10 new homes to Habitat for Humanity GTA
In recognition of World Habitat Day, The Daniels Corporation announced they are providing 10 new homes to Habitat for Humanity Greater Toronto Area.
New housing supply solutions you may not have heard before
A group of British Columbia real estate organizations recently made recommendations to the leading federal parties to help address housing issues in the province, and there are a couple ideas that seem like they might work in the GTA too.
Is Toronto really at risk of a housing bubble burst?
Looks like Toronto is in housing bubble trouble again, according to the 2019 UBS Global Real Estate Bubble Index. Apparently, Toronto is at greater bubble risk than Hong Kong or Vancouver.
Greater Toronto Area poised to lead Canada’s top-tier real estate market performance this fall
With a busy summer behind us, it looks like the Greater Toronto Area’s luxury home market is poised for a strong fall, according to Sotheby’s International Realty Canada’s latest Top-Tier Real Estate report.
See what new home industry professionals worry about with 2020 right around the corner
Affordability is top of mind for most homebuyers in the Greater Toronto Area, but what do new home industry professionals worry about with 2020 right around the corner?
4 ways the government can remove barriers to home ownership
With the federal election right around the corner, REALTOR® associations across Canada came together to make recommendations for all levels of government in an effort to make home ownership more attainable for Canadians.
Detached housing starts trending higher despite rising prices
The Canada Mortgage and Housing Corporation released its monthly housing starts data for August 2019, reporting the trend reaching 218,998 units, up from the 208,931 in July. The trend is a six month moving average of seasonally adjusted annual rates.
Condo price growth continues to outpace detached home segment
The report looks at the first seven months of 2019 compared to the same period in 2018. Considering transactions in January to the end of July, the median price per square foot of a condo unit in the GTA increased 9.1% year-over-year to $743.
First-time buyers feeling optimistic about the housing market
BMO released the results of a survey conducted by Pollara Strategic Insights, announcing that first-time buyers in Alberta are the most optimistic in the country about buying a new home with more than 50% thinking that now is a good time to do so.
