Is The Market Going Boom?
The Baby Boomers are going to up and sell in the millions and move into downtown condos. The Baby Boomers are determined to age in place.They had it easy, with cushy jobs with great benefits that let them sit around and eat bon bons all day and leave a
Trimart: Low-Rise Sales Show Strength Through Summer
According to Trimart, despite the seasonally slow traffic, July’s new low-rise sales numbers remained strong throughout the course of the month. Affordable pricing plans offered by homebuilders on new openings and new releases are credited for the
Is There a Good Time to Buy?
Like having children, there is no perfect time to buy real estate. (Or maybe there is, but without the gift of clairvoyance, none of us are likely to recognize it.) If you’ve got time to sit on a property and ride out market fluctuations, it certainly
Building in Hamilton Just Got Pricier
Recently, there’s been word of Toronto’s development charges possibly getting increased by a whopping 90%, news that was followed by a mix of reactions. Some think this is the kind of raise we need to keep functioning properly as a city, and some believe
BILD Releases New Home Sales Report for June 2013
On July 18, 2013, the Building Industry and Land Development Association (BILD) released their Greater Toronto Area (GTA) new home sales report for June 2013. All stats are from RealNet Canada Inc., BILD’s official source for new home market
Loblaws Targeting Condo Dwellers with Purchase of Shoppers
We’re sure you have heard the news about Canadian grocery company, Loblaws, purchasing Shoppers Drug Mart for a whopping $12.4 billion. Well, according to CBC News, some analysts believe that this is Loblaws’ way of taking advantage of the thriving condo
TREB Releases Condo Market Report
On July 16, 2013, Toronto Real Estate Board (TREB) released their Condo Market Report for the second quarter (Q2) of 2013. The stats were gathered via the TorontoMLS system and account for the entire Greater Toronto Area (GTA).Q2 condo sales in the
Good-bye, Honest Ed’s?
Looks like the Bloor streetscape might be about to change. Honest Ed’s, the landmark kitschy department store owned by the Mirvish family, has been quietly listed for sale, says the National Post. The Post says several real estate companies have been
RealNet Discusses High-Rise Starts and Openings
Recently, RealNet posted an interesting article on their blog, called “Know Your Indicators.” It’s about how there is a great deal of residential development data available, but you need to understand the jargon in able to absorb the information
TREB Reports Improved Resale Housing Figures for Second Quarter
According to the Toronto Real Estate Board (TREB), Greater Toronto Area (GTA) home sales declined by less than one per cent compared to June of 2012. New listings rates were also down, signaling a possible tightening in the market.TREB President, Dianne
