Housing starts in Toronto are slowing down but remain stable
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for September 2016, announcing that every region of Canada experienced an upward trend except for Ontario.The trend measure for last month’s national housing starts
The top 5 builders with the most new low-rise sales
The latest report from Trimart Research Corporation announces that new low-rise sales surged in September across the Total Market Area (TMA). The numbers are still coming in, but thanks to the numerous openings and releases, you should expect a high
There were nearly 10,000 home sales in the GTA last September
The Toronto Real Estate Board (TREB) released its resale housing market figures for September 2016, announcing that there were nearly 10,000 transactions in the Greater Toronto Area (GTA) reported through the MLS system. To be exact, there were 9,902
Ottawa introduces new measures to cool the housing market
While our provincial leaders continue to sit on the fence, Ottawa is taking measures to cool the housing market by introducing two imminent changes: the capital gains exemption on the sale of a primary residence will apply only to residents of Canada,
New low-rise sales are heating up in the GTA’s east region
The latest report from Trimart Research Corporation announces a rise in new low-rise sales, though inventory remains at a record low. Approximately 64% of Trimart’s annual forecast has been achieved, but not all of September’s sales have been included
Will a “knee-jerk” taxation solve Toronto’s affordability issue?
In its just-released Global Real Estate Bubble Index, the Swiss bank UBS names Vancouver as the global financial centre with the riskiest housing market; housing prices within its “bubble risk zone” have increased nearly 50% since 2011, notes the
October will be one of the busiest months of the year for new low-rise openings
The latest report from Trimart Research Corporation states that October will be one of the busiest months of the year for new low-rise openings and releases across the Total Market Area (TMA). As expected, Brampton remains the city with the most new
The GTA’s new high-rise market is on course for a record year of sales!
The Building Industry and Land Development Association (BILD) released its new home sales figures for August 2016, announcing that the Greater Toronto Area’s (GTA) new high-rise market is on course for a record year of sales. The low-rise market also had
How to keep a cool head in your bidding war
You might think that homebuyers would keep a cool head when it comes to the biggest purchase they’ll ever make, but the bidding war frenzy that has become the norm in the GTA market says otherwise.So does a recent survey by the Real Estate Council of
New home releases and openings stimulating the new low-rise market
Trimart Research Corporation’s latest report states that new low-rise openings and releases in September are starting to stimulate the market. With over 20 new home releases and openings across the Total Market Area (TMA) scheduled for September, we can