Steady as She Goes for Condo Market
It seems like we’ve heard this non-news before (a few times) — according to a Genworth Canada/Conference Board of Canada report, we’re looking at neither bust nor boom for the condo market this year; growth and employment gains are expected to keep the
Genworth Canada’s Summer 2013 Condo Report
On August 28, 2013, Genworth Canada released its Summer 2013 Metropolitan Condo Outlook report.The state of Canada’s condo marketAccording to Genworth Canada’s report, Canada’s condo market won’t be seeing any record breaking years in the near future,
Trimart: Many New Openings and Releases Heading into Fall
According to the latest Trimart report, new low-rise sales for the Total Market Area (TMA) were up 26% in July, compared to the same time last year. But, sales are 24.1% lower than last June. In total, there were 1,310 sales in July, not bad for a
Trimart: Significant Incentives Keeping New Low-Rise Sales Up
According to Trimart’s latest report, new low-rise sales have remained strong over the past month. The variety of new product and exciting incentives are credited with the current success of the low-rise market.Listed below are a few notable sites of the
When it Comes to Neighbourhoods, Money Matters
We’ve all heard about Toronto’s reputation as a city of neighbourhoods, and I don’t suppose I’m alone when I say those that spring to mind first are the most distinctive: Kensington Market, Distillery District, the Beach. It makes a hometown guy proud to
Urbanation Releases Q2-2013 UrbanRental Report
On August 19, 2013, Urbanation released their Q2-2013 UrbanRental Report. According to Urbanation’s findings, it looks like the rental condo market is currently the strongest branch of Toronto’s housing market.Rental supply and demandDuring Q2-2013,
Trimart: A Good Start to the Second Half of 2013
According to Trimart, the strong sales numbers through July are proof that the success of the first half of the year is carrying through to the second half. Canadian housing starts have been stronger than expected, and the Canadian Mortgage and Housing
RealNet Canada Discusses Residential Land Values
On August 7, 2013, RealNet Canada Inc. published a news release titled, “Canada’s Residential Land Markets Enter Collective Slowdown in 2013,” explaining how Residential Land sales are influenced by the performance of new housing markets.The “collective
Urbanation Releases Q2-2013 Report
On August 7, 2013, Urbanation released its Q2-2013 Quarterly Market Survey. Urbanation is the leading source on Toronto condo market information, and according to them, Q2 shows an improvement for the year.Toronto’s Q2 sales numbersIn Q2-2013, there were
CMHC Cooling the Housing Market
On the morning of August 6, 2013, the Globe and Mail published an article online about the Canadian Mortgage and Housing Corporation (CMHC) making a move to “take the steam out of the housing market.”The big changeUnder the National Housing Act (NHA),
