Linda Mitchell Young on Toronto’s Rental Market
By Penny MunozAccording to Urbanation, the number of condo rentals is at an all-time high, showing no sign of slowing down with estimates reaching more than 20,000 by the end of 2013. A proven expert in the real estate market, Linda Mitchell Young,
Trimart: A Favourable Projection for Summer
Trimart Research Corporation is projecting a successful new low-rise housing market for summer 2013. The projections are based on the strong first quarter of over 3,700 sales, and a very strong April with 1,826 sales. Also, there are some highly
Touring the amazing amenities at Chaz.Yorkville in Toronto!
We remember the first time we visited the Chaz.Yorkville site in Toronto by 45 Charles Ltd. and Edenshaw Homes. It was the summer of 2013 and it was so hot that the construction crew had the day off. At that point, the mezzanine level was under
December Sales Show Signs of Recovery
The Building Industry and Land Development Association (BILD) recently announced a detailed report of the Greater Toronto Area’s (GTA) December new home sales statistics.New home sales in December 2013According to RealNet Canada, in December 2013, there
Prices High, Council Ugly
We said goodbye to 2013 with record-high home prices. Driving up the national average were Edmonton, Vancouver, and the Big Smoke itself, says the Teranet-National Bank house price index. The 0.1% rise in home prices in December made a wash with the 0.1%
Trimart: March Numbers Keep Rolling In
The first quarter of 2013 showed excellent results for homebuilders in the Greater Toronto Area. Trimart is reporting that a select group of builders are responsible for over 61 percent of the sales. Mattamy Homes leads that list with 545 sales, followed
Trimart: Low-Rise Industry on Track Through June
Trimart is reporting some impressive numbers for June 2013. According to Trimart’s report, June showed a record breaking increase in inventory, as well as a 35% surge on year over year new low-rise sales. The Total Market Area raked in 1,721 sales in
ECHO House: Team Ontario’s Winning Design
By Penny MunozTeam Ontario’s ECHO ecological home is this year’s winner of the celebrated engineering contest at the 2013 Solar Decathlon. The home was praised for its unique capacity to bring energy efficiency and affordability together in a beautiful
Rental Vacancy Rates Increase in Canada
Canada Mortgage and Housing Corporation (CMHC) released its fall Rental Market Survey recently, which reports increases in Canada’s rental vacancy. Out of 35 major urban centres in Canada, the vacancy rate increased to 2.7% in October 2013, a tiny
The Best of All Things in 2014
With both Christmas Day and New Year’s Day falling on our usual newsletter day, this marks my last column of 2013. It’s been an exciting year, and unlike a couple of years ago when the excitement all came from the market, a lot of the excitement in the
