Eric DenOuden Speaks out about Development Charges
View from Menkes' 365 ChurchOver the past couple years, there’s been a lot of talk about increasing development charges, but what does it all really mean? Newinhomes.com caught up with Eric DenOuden, president of the Ontario Home Builder’s Association
GTA High-Rise Sector: Best Q1 in 10 Years
View from King Blue The Building Industry and Land Development Association (BILD) released its Q1-2014 report, highlighting new home sales in the Greater Toronto Area (GTA).Remember how a few real estate pundits and news outlets predicted a decline in
Prices and Sales Up for Q1-2014 GTA Resale Condo Market
The Toronto Real Estate Board (TREB) just released its Q1-2014 resale condo market statistics for the Greater Toronto Area (GTA). To no surprise, sales and the average selling price of condo units increased compared to Q1-2013.GTA REALTORS reported 4,454
Trimart: Detached Homes Still the Hottest
Thanks to aggressive marketing and attractive incentives, new site openings in the Total Market Area’s new low-rise market continue to be successful, says Trimart Research Corporation. Throughout March, there were over 30 new openings and releases. Even
Nearly 90% of Young Canadians Want to Invest in Home Ownership!
According to a new RBC online poll of 2,591 Canadians, 86 percent of young Canadians view home ownership as a worthwhile investment.The 21st annual home ownership poll showed that respondents aged 25 to 34 who value homeownership increased from 78
Look to Toronto, Calgary, and Vancouver for Long-Term Real Estate Investment!
View from 365 Church by MenkesWe’ve said it all along, but now Canada is gaining international attention for its booming valuable real estate market. U.K. real estate firm, Grosvenor Group has ranked Toronto, Vancouver and Calgary the best places for
Trimart: Low-Rise Market to Blossom this Spring
Recently, Canada’s housing market has been experiencing “weather related weakness,” according to Trimart Research Corporation. But, February’s new low-rise housing stats are the beginning of something big. As of last February, building permits have
GTA Resale Prices Surge in March 2014
The Toronto Real Estate Board (TREB) recently released a report on the Greater Toronto Area’s (GTA) March 2014’s resale market figures, as well as some Q1-2014 statistics.GTA resale marketAccording to TREB, GTA REALTORS reported 8,081 sales through the
Canadian Housing Starts Dip in March 2014
The Canada Mortgage and Housing Corporation (CMHC) released a report on March 2014’s housing starts in Canada, showing decreases across the board (almost).Housing starts in Canada were trending at 184,476 units in March 2014, compared to 191,126 in
Average Resale Price for Detached Homes in Toronto Soars
The Toronto Real Estate Board (TREB) announced recently that the Greater Toronto Area (GTA) REALTORS reported 3,459 transactions through the TorontoMLS system in the first two weeks of March 2014.GTA resale figuresThis total for the first two weeks of