Toronto Development Charges Increasing
It’s a new year - you know what that means? Development Charges (DCs) are going to see another jump soon. For many years, fluctuating DCs have been a hot topic in the Greater Toronto Area’s (GTA) new home market scene, mostly because it affects
Is the GTA Lacking Affordability and Diversity in Housing?
A recent TD Economics report on housing in the GTA has outlined a number of challenges that need to be overcome in order for the region to remain viable economically, socially and environmentally secure.In many aspects, the report is in keeping with the
Brampton New Home Market Continues to Shine
According to Trimart Research Corporation, new low-rise sales in the Total Market Area (TMA) saw a 2.7% year-over-year increase in December 2014. With over 20,000 new low-rise sales, 2014 was the highest selling in the last six years. Greater Toronto saw
Oil Prices Impact Real Estate Market on Different Levels
One of the greatest diffusers of any argument over time has been “What’s that got to do with the price of eggs?” Today’s non-sequitur may well be “What’s that got to do with the price of gas?” except that the answer is most likely “plenty.”A lot has been
GTA Sees Nearly 40,000 New Home Sales in 2014
The Building Industry and Land Development Association (BILD) announced that the Greater Toronto Area (GTA) saw nearly 40,000 new home sales in 2014.Hitting 39,736 sales last year is good for two reasons: job creation and population growth. "Sales of
Slow and Steady in the New Low-Rise Scene
According to Trimart Research Corporation, healthy economic growth is forecasted for 2015, so sales should be steady at least through the first quarter of the year. The holiday season was slow, but as builders of new low-rise communities hit the drawing
First Mid-Rise, Wood-Frame Condo Coming Soon!
Remember last December when we told you to watch out for mid-rise, wood-frame buildings coming to Ontario? Well, the ball got rolling last week when the City of Burlington hosted the first official forum on six-storey, wood-frame construction.How will
Churches Can Offer More Than Spiritual Guidance
As has been conveyed many times in this space, densification is the way of the future for city growth across the country and even around the world. The reasoning is simple — cities can’t grow their tax bases without spreading out and since we don’t want
Good and Bad News for Condo Renters
Recently, condo market research firm, Urbanation, released their fourth quarter and annual condo rental report, announcing an all time high for condo leases in 2014.In the fourth quarter, condos rented through the MLS system saw an 11% year-over-year
Brampton and Oakville Lead the West in New Low-Rise Sales
Welcome to the first Trimart report of 2015! Trimart Research Corporation is currently accumulating all the sales data for December 2014, and will have a 2014 review prepared by the end of January or early February. As December sales continue to roll in,
