Mixing it Up
Few phrases are more omnipresent in the descriptions of condominium developments these days than “mixed-use.” It has become a given that a mixed-use development succeeds far more often than a straight-residential approach. Giving people a place to
Canadian Per Capita Net Worth Hits All Time High
Canadian household net worth increased by $196 billion to $7.89 trillion in the first quarter of 2014. Per capita net worth also reached an all time high, going from $217,900 to $223,200. In the Total Market Area, July’s total 1,499 sales is an increase
High-Rise Sales Still Driving the New Home Market
After a slow 2013, the Greater Toronto Area’s (GTA) new home market continues to show tremendous improvement through the summer, announced the Building Industry and Land Development Association (BILD).According to RealNet Canada, BILD’s trusted source
New Low-rise Market Defying Expectations
With housing starts continuing strong through July (according to Canada Mortgage and Housing Corporation) and the new low-rise market currently making strides, the industry is “defying market expectations of a gradual cooling in activity,” says Trimart
The GTA’s Resale Market is on Fire
This has been one seriously hot summer! One of the hottest in years! Of course we’re not talking about the weather, we’re talking about the resale market. Toronto Real Estate Board (TREB) President, Paul Etherington released the latest report showing
Housing Starts are Hot this Summer
In July, Canada’s housing starts were trending at 189,784 units, according to Canada Mortgage and Housing Corporation (CMHC). This is a slight increase compared to June’s 185,952 units, but CMHC believes that the country’s housing market is still due for
Q2-2014 Condo Market Making a Comeback
Toronto-based condo research firm, Urbanation, is the most trusted resource for condo intelligence. Their Q2-2014 condo report states that there were 5,992 condo sales in the Census Metropolitan Area (CMA), making it the third strongest second quarter
Low-Rise Summer Heat to Continue Through Autumn
Trimart Research Corporation’s recent release credits the warm weather and large number of new site openings for the new low-rise market’s summer success. In June alone, there were over 20 new site openings! With many new releases scheduled for late
New Home Market Performed Strongly Through First Half of 2014
Halfway through 2014, the new home industry in the Greater Toronto Area (GTA) continues to show strength, according to the Building Industry and Land Development Association (BILD) and their trusted market intelligence source, RealNet Canada Inc.In June
Grand Openings Sizzle in New Low-Rise Market
Since June, grand openings have been extremely successful in the new low-rise market, according to Trimart Research Corporation. With the Canadian economy expected to experience moderate growth over the coming months, new home sales are predicted to rise