Canadian Home Sales Decline for Fifth Consecutive Month
Recently, the Canadian Real Estate Association (CREA) released its report of Canadian home sales for January 2014.Canadian home salesAccording to the CREA, January 2014 marked the fifth consecutive month-over-month decline for Canadian home sales.
Is it Time You Thought About Downsizing?
Condominiums are the bookends of homeownership: for many people, they make the most sense as first-timers and later, as downsizers. Both demographics are generally more cost-conscious than those in between, less likely to be living with children, and
Growing Down
The Torontoist.com column Public Works, which looks at “public space, urban design, and city-building innovations from around the world and considers what Toronto might learn from them” this week thinks we can learn by looking down.There apparently exist
Trimart: Top Builders of 2013
Well into 2014, Trimart Research Corporation is still releasing some exciting stats from last year. According to Trimart’s findings, the top selling low-rise builders of 2013 were Mattamy Homes with 1,664 sales, Minto with 814, Fernbrook Homes saw 654,
CMHC Predicts Housing Starts to Stabilize Through 2014 and 2015
By Penny MunozThe latest report from the Canada Mortgage and Housing Corporation (CMHC) predicts that Canadian home builders will likely decrease the number of housing starts in the next couple years as demand from first-time buyers declines and interest
GTA Resale Market off to a Slow Start
The Toronto Real Estate Board (TREB) just released its January resale report for the Greater Toronto Area (GTA) housing market.GTA resale transactionsThe number of new homes listed through the TorontoMLS system in January 2014 came in at 8,822, a 16.6%
Menkes is the Top High-Rise Seller of 2013!
By Penny MunozMenkes is the top selling high-rise condominium developer of 2013, according to an industry report that was recently released.The 2013 Strategic Review of the GTA’s housing market from RealNet Canada Inc. and Building Industry and Land
Is Laneway Housing the Next Big Thing?
BlogTO.com this week poses the question: Can this condo jumpstart laneway housing in Toronto? I hope so! Laneway housing has already caught on in Vancouver (with more than 800 green-lit to date), and with roughly 250 km of laneways in Toronto, many in
DCs Aren’t the Only Path to Funding
Development charges (DCs) are in the news again, as the province’s “growth pays for growth” ideal falls down again, this time in Oakville.At a recent city council meeting, Oakville Mayor Rob Burton said, “Development charges should ensure new development
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
