Why I’m cautiously optimistic about the affordable housing issue
Even if you lean far to the right of centre, there are reasons that affordable housing is good for everyone. Aside from the hard-to-quantify lack of vibrancy and pervading us-and-them atmosphere that surrounds one-income-bracket neighbourhoods, housing
Sellers beware: Major renovations aren’t moneymakers
Canada geese, chickadees, cardinals and robins are in abundance on my morning drives these days, and while I understand from a couple of bird-obsessed friends that all of them may overwinter in the area, it seems like it’s been months since I’ve seen
Toronto has the most housing starts in the GTA in February 2016
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts figures for February 2016, announcing that starts have stayed steady from the beginning of the year. The national housing starts trend measure for February was
Brampton, Pickering, and Oakville new home sales already in the triple digits
The latest report from Trimart Research Corporation states that the new low-rise market is in store for a strong amount of sales across the Total Market Area (TMA) in the first quarter of 2016. There are many openings planned for March, and with new
GTA resale market sees record high sales in February 2016!
The Toronto Real Estate Board (TREB) released its monthly resale figures for February 2016, announcing that the Greater Toronto Area (GTA) is still a sellers’ market!A new record was set for the month with 7,621 transactions through the MLS in February,
Is affordability reaching dangerous levels in Toronto?
According to the new RBC housing affordability measure, our biggest housing markets aren’t just expensive — they’re wildly expensive. Royal Bank economists say Vancouver is approaching “dangerously unaffordable” while Toronto is “moving closer to risky
Are GTA new home sales as weak as you thought?
Last week, the Building Industry and Land Development Association (BILD) reported that new home sales in the Greater Toronto Area (GTA) were off to a slow start, and now Trimart Research Corporation is reporting that new low-rise sales for the Total
New home sales in the GTA off to a slow start in January 2016
According to the Building Industry and Land Development Association (BILD), new home sales are off to a slow start as of the end of January 2016, with a decline in sales, prices remaining flat, and a lack of inventory. If you recall, BILD recently
New low-rise openings will support strong demand in first quarter of 2016
According to Trimart Research Corporation, the high number of new low-rise openings will stimulate the first quarter of 2016, providing home options to a marketplace of eager prospective purchasers. Obviously, the demand for new low-rise homes hasn’t
Does Toronto share the same fate as the Vancouver housing market?
The Vancouver housing market has hit a crisis — and no, not just with prices. A confluence of factors including those ridiculous prices, outdated residency rules, vast and growing wealth in China and the relative stability of the Canadian economy are
