Expect to see a lot of new low-rise sales this spring!
Due to low interest rates and 12 months of strong employment opportunities across Canada, Trimart Research Corporation is predicting that the Total Market Area’s (TMA) new low-rise market will show strong sales through spring 2016. According to a recent
Ontario housing starts stay high, Canada trends lower
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts data for January 2016, announcing that housing starts in Canada trended lower for the month.The trend measure for January housing starts was 199,169 units, down from
Monthly resale housing figures show a strong start for 2016
The Toronto Real Estate Board (TREB) released its monthly resale housing figures for January 2016, announcing that the Greater Toronto Area’s (GTA) housing market is off to a strong start for this year.There were 4,672 sales in the GTA’s resale market
There were over 6,600 new low-rise sales in Brampton last year!
New low-rise sales in the Total Market Area (TMA) are off to a great start for 2016, according to Trimart Research Corporation’s latest report. The fact that the Bank of Canada maintained its overnight rate at 0.5% and has forecasted that the Canadian
2015 sees the 3rd most new home sales in the last decade!
The Building Industry and Land Development Association (BILD) has released its December 2015 new home sales figures, announcing that 2015 saw the third most sales in the last decade! According to RealNet Canada, BILD’s trusted source for new home market
CMHC finds strong evidence of problematic conditions in Toronto’s housing market
The Canada Mortgage and Housing Corporation (CMHC) released its 2016 Q1 Housing Market Assessment (HMA) report, announcing evidence of overvaluation and overbuilding across 15 major housing markets in Canada, including Toronto's housing market. In eight
Homebuyers remain confident in the GTA’s housing market
As part of its new (and destined to be annual) report and outlook, the Toronto Real Estate Board has joined the prognosticators in predicting what 2016 will bring for the new housing market.Among its predictions are continued strong sales in the GTA,
Will the new low-rise inventory satisfy demand until the spring?
According to Trimart Research Corporation, the Total Market Area’s (TMA) year-end sales for new low-rise homes in 2015 was the highest it’s been in the last 10 years! With nearly 25,000 new low-rise sales last year, prices were up due to low inventory
Will 2016 be another record year for home sales in the GTA?
The Toronto Real Estate Board (TREB) launched its inaugural Market Year in Review & Outlook Report this week, with plans to make it an annual release.In emphasizing the importance of real estate to the economy, the report cites a recent Altus Group
TREB Outlook examines what 2016 holds for the housing market
The Toronto Real Estate Board (TREB) hosted the TREB Outlook 2016 presentation to announce their predictions for the Greater Toronto Area’s (GTA) housing market. Representatives from the Building Industry and Land Development Association (BILD),