Ontario was the only area of Canada to see an increase in housing starts
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for October 2016, announcing that the trend “held steady” across Canada. The national trend measure for housing starts in October was 199,920 units, compared to 199,262
New low-rise sales are hot in Brampton, Milton and Barrie
The latest report from Trimart Research Corporation lists the top five cities with the most new low-rise sales in the Total Market Area (TMA). After the busy fall season that had nearly 30 new openings and releases, the top five cities saw a considerable
New homes must be more energy efficient starting in 2017
Attention builders, developers, renovators, trades, and contractors - did you know that starting January 2017, you will be required to build more energy efficient homes?It’s true! The Ontario Building Code (OBC) provision SB-12 will require all newly
The average selling price of a detached home in the 416 exceeds $1.3 million
The Toronto Real Estate Board (TREB) released its monthly resale housing figures for October 2016, announcing a record high number of sales and that we should all expect prices to continue to grow in the Greater Toronto Area (GTA). There were 9,768 sales
You don’t have to wait until the spring to buy a home
I woke up yesterday to an internet meme that showed a vertically split panel; on one side was Bette Midler, mouth wide in presumed excitement, captured from her role in Hocus Pocus; on the other, a similar pose showing Will Ferrell in Elf. On the left it
Urban townhomes still in strong demand among move-up buyers
The latest report from Trimart Research Corporation states that new low-rise sales in the Total Market Area (TMA) surged this fall season. As of the end of September, 71% of the annual Trimart forecast had been achieved. So far, the north and west
Strong risk of problematic housing market conditions found in the GTA
The Canada Mortgage and Housing Corporation (CMHC) released its quarterly Housing Market Assessment (HMA) and Housing Market Outlook (HMO), announcing that there is strong evidence of problematic conditions for the country’s housing market as a whole and
New low-rise sales strong in and around the GTA
With so many new low-rise releases and openings last month, it seems like every region of the Total Market Area (TMA) saw its fair share of sales, says Trimart Research Corporation. Affordable pricing on the outskirts of the Greater Toronto Area (GTA)
There is less than 1-month supply of new detached homes in the GTA
The Building Industry and Land Development Association (BILD) just released its new home sales figures for the Greater Toronto Area (GTA) for September 2016, announcing that high-rise sales are still on track for a record year and we are running out of
New low-rise releases are selling out over the weekend
As predicted, September and October have proven to be very strong months for the new low-rise market, says Trimart Research Corporation. With many new low-rise releases and openings, there was a lot of welcomed inventory hitting the market - though it
