New low-rise sales are strong despite economic uncertainty
With the Canadian dollar dropping dramatically with no real sign of stopping, there has been a sense of uncertainty about the amount of economic growth there will be in 2016. According to Trimart Research Corporation, this uncertainty hasn’t affected new
Are we living in a debt-based economy?
We’ve all grown comfortable with being in debt, and not just for houses and cars, but for vacations, nights out, birthday presents — a product of the 20th century, personal debt is at an all-time high. So, are we living in a debt-based economy?I’ve
Canadian housing starts increased in 2015 thanks to Toronto’s condo market
The Canada Mortgage and Housing Corporation (CMHC) released its latest housing starts report, announcing that Canadian housing starts trended lower in December 2015, but total starts for the year increased. Across Canada, the trend measure of housing
Brampton, Milton, and Oakville see the most new low-rise sales
In 2015, the Trimart Research Corporation forecasted that the Total Market Area would see 21,500 new low-rise sales for the year. Well, with the Toronto Real Estate Board (TREB) recently announcing a record number of home sales reported in the Greater
GTA sees a record number of home sales in 2015
The Toronto Real Estate Board has released its December 2015 and annual total sales figures, announcing a record number of transactions reported through the MLS system in the Greater Toronto Area (GTA). Last December was the second best December on
National average home price expected to increase 1.4% in 2016
Trimart Research Corporation has released its final report of the year, announcing that new low-rise home sales have exceeded their annual forecast with over 23,000 sales across the Total Market Area (TMA). The Greater Toronto Area (part of the TMA)
Average price of a new low-rise home in the GTA hits a record high...again
The Building Industry and Land Development Association (BILD) has released its November 2015 sales figures for the Greater Toronto Area’s (GTA) new housing market, announcing that the average price for a low-rise home has hit yet another record high,
Brampton sees the most new low-rise sales in 2015!
With record breaking sales last October and many new site openings through the fall, the new low-rise market has been very strong for all of 2015. Still, even with many new openings, the supply just cannot keep up with demand. According to Trimart
Is this Toronto’s biggest land deal ever?
Although lacking any substantiated evidence, a column in the Financial Post this week says “people” in the know say the Weston family is among bidders on a major piece of land in Toronto: the 11-acre site currently owned by the LCBO on the waterfront and
Demand for urban towns and detached homes remains strong through fourth quarter
Trimart Research Corporation’s latest report recalls the record breaking sales in the second quarter of 2015, comparing the surge in new low-rise housing sales to the trend we are currently seeing in the fourth quarter. Though the new low-rise inventory
