The Latest information in Pre-Construction Condos
Prime prices exceed mainstream for first time since pandemic
Prime prices across 46 cities increased at an average rate of 8.2% in the year to June 2021, up from 4.6% in March.
What’s happened?
Until now, the pandemic-fuelled house prime boom was most evident in the mainstream market but the prime…
Toronto neighbourhood could be totally transformed over the next decades
A Toronto neighbourhood could see massive changes over the next few decades.
More than 500 acres around Downsview Airport and Downsview Park are part of a planning process to develop residential and non-residential property called id8 Downsview.
Just…
The rental housing market is heating up again – a worrying sign for affordability
Activity is heating up in rental housing markets across Canada, a troubling sign for affordability in cities with a chronic shortage of available units.
For years before COVID-19, markets from Vancouver to Prince Edward Island suffered from…
Are condos a good investment in Toronto?
Condo prices in the Greater Toronto Area are on an upsurge, rising 44% since the 2017 housing peak, driven by the segment’s relative accessibility compared to other property types, recent data from tech-enabled brokerage Properly has revealed.
“This…
Resubmission Proposes Residential Additions to East Harbour Plan
Recent documents submitted to the City of Toronto have revealed the latest plans for East Harbour, a massive development on the site of the former Unilever Soap Factory where the Don River meets Lake Shore Boulevard. The most striking change…
Value of GTA condos nearly doubles in four years
Condos in the Greater Toronto Area appreciated by 44% between their April 2017 peak and June 2021, says realty brokerage Properly.
Interestingly, condos in the GTA struggled through most of 2020, save for before the COVID-19 pandemic and…
74% of Ontarians 18-34 don’t think they can buy home: survey
A survey of Ontarians revealed that three-quarters of respondents aged 18-34 don’t believe they will be able to afford a home in their city or town.
“Having worked in this industry for 35 years now, I have seen one group [among the aforementioned…
Hamilton’s ‘hidden gem’ properties
To say COVID-19 has been bad for small businesses would be an understatement, but mixed-use properties that will invariably hit the market because of the economically calamitous nature of the pandemic could help boost housing supply.
“There’s…
Home sales fell again in May, but don’t get used to this
Sales in the Greater Toronto Area moderated for a second straight month in May, indicating that a semblance of normalcy is beginning to return to the housing market. However, it could be short-lived.
There were 11,951 sales in the GTA last…
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