National housing starts continue to climb through the end of the year
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts figures for November 2015, announcing that the upward trend has continued. The trend measure for November 2015 was 208,401 units, compared to 206,125 in October. “The
Does crime pay in real estate?
The Federal government is putting up for sale Hell’s Angels’ former clubhouse in Leslieville, and realtors are saying it could go for $700K. A bar, a meeting room, two bedrooms and fixer-upper pricing? What else could you want from a bunker?Leslieville
An in-depth look at the state of the GTA housing market
For the first time, the Building Industry and Land Development Association (BILD), RealNet Canada, and the Toronto Real Estate Board (TREB) assembled to present an overall view of the GTA housing market.The panel consisted of: Steve Deveaux, Chair, BILD;
Will Syrian refugees make an impact on the housing market?
The Toronto Star said this week that according to UofT planning professor David Hulchanski, the impact of housing Ontario’s 10,000 of the 25,000 Syrian refugees destined for Canada will be minimal. While 10,000 people is not an inconsequential sum on the
Homebuyers flock to new low-rise openings across the GTA
According to the most recent report by Trimart Research Corporation, the public has remained very enthusiastic about new low-rise openings across the Total Market Area (TMA). If you’ve been paying any attention to the new low-rise market, you’ve
Toronto aims to fast track affordable housing development with Open Door program
There’s no doubt that the lack of affordable housing has become a serious issue in Toronto. The quickly rising prices of new low-rise homes, especially detached homes, and the low inventory levels have eliminated the dream of homeownership for many. For
How should we build new housing in the Golden Horseshoe?
As home to more than a quarter of Canada’s population and generator of about the same proportion of the country’s GDP, the importance of the Greater Golden Horseshoe to the province can hardly be overstated. It’s estimated that by 2041, the region’s
The resale housing market sees record high sales in October
Last week, the Toronto Real Estate Board (TREB) announced its monthly resale housing figures for October 2015, announcing a record high amount of sales across the Greater Toronto Area (GTA).There were 8,804 sales reported through the MLS system last
Condo and detached housing starts in Toronto trending higher
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for October 2015, announcing that condominium and single-detached starts in Toronto trended higher.For all of Canada, housing starts were trending at 206,089 units,
New low-rise home inventory sees slight increase
According to the most recent report by Trimart Research Corporation, just under 90% of their annual forecast for new low-rise sales has been achieved. They are confident that their forecast will be reached by the end of the year. The report also states
