Condo Construction Surges in May 2015
The Canada Mortgage and Housing Corporation (CMHC) has released its May 2015 national housing starts report, announcing a surge in condo construction.Last month, housing starts were trending at 181,231 units, compared to 179,524 in April. The trending
East Gwillimbury Sees High Sales in the Last Month
With numerous new openings in May 2015, Trimart Research Corporation has announced that there have been 3,103 new low-rise sales in the Total Market Area (TMA) over the last month; that’s a record for this time of year! This week’s Hot Spots list is
TREB Announces Record High Sales for May 2015
Remember a couple weeks ago when the Toronto Real Estate Board (TREB) predicted record high sales for May 2015? Well, they were right. The GTA REALTORS reported a total of 11,706 sales through the MLS system last month.This amount of sales is 6.3% higher
Canada’s Housing Market to Remain Stable Through 2016
The Canada Mortgage and Housing Corporation (CMHC) has released its Housing Market Outlook, Canada Edition for the second quarter of 2015, announcing that the country’s housing markets should remain stable for the rest of the year and throughout
Trimart’s Top 5 Communities of the Last Month
According to Trimart Research Corporation’s latest report, the Total Market Area (TMA) has seen steady gains of new low-rise sales over the last three months. In the first quarter of 2015, 25.5% of Trimart’s annual forecast has been reached for amount of
GTA Price Gap Widens to Record High in April!
The Building Industry and Land Development Association (BILD) released its April 2015 new home stats, announcing a record-high price gap, tripling the figure from a decade ago.In 2005, the price gap was just $101,936. With the average price of a new
5 Reasons to Start a New Life in Hamilton
In a recent report by Colliers International, a leader in commercial real estate services, they outlined five attributes that make Hamilton, Ontario an up-and-coming “Anchor City” for future growth.What is an anchor city? According to Sydney Hamber,
Will We See Record High Home Sales in May?
The Toronto Real Estate Board (TREB) has released its mid-month figures for May 2015, announcing that the GTA’s resale housing market is on track for another month of record sales.In the first two weeks of May, there were 5,655 sales reported by GTA
What Does a Seller's Market Mean to You?
Market conditions wherein there are more buyers than goods are categorized as “seller's markets,” but if we’ve given it any thought at all, we probably just think “high prices.” (And if we’re buyers, we’re likely also thinking, “oh crap …”)High
Affordable Townhomes in the TMA Gaining Larger Market Share
As Trimart Research Corporation continues to add up new low-rise sales in the Total Market Area (TMA), they are predicting that spring is in for another surge of sales, and that affordable townhome communities are beginning to take up a larger market
