The Latest information in Pre-Construction Condos
Oshawa condo market surges to become hottest in the GTA
Housing prices all over the GTA have been skyrocketing throughout the past year, but it’s Oshawa that has come out as the frontrunner in the GTA’s condo market.
A new report from Strata has found that property values in Oshawa have increased…
The rise of the second home
Real estate brokerage firm Redfin recently did an analysis of “mortgage-rate lock data” taken from the analytics firm Optimal Blue. A mortgage-rate lock is an agreement between a lender and a borrower guaranteeing a particular interest…
Toronto is changing its map around to create 34 new neighborhoods
Congratulations to everyone living along the downtown portion of Toronto's waterfront, all 65,000 of you who, for decades, have been clumped together on the city's official map of neighbourhoods as one ill-defined, enormous blob…
Toronto home sales break record in February as condo market storms back
Home buying activity hit a record high in the Toronto region last month as 10,970 properties changed hands.
February’s sales total represented a 52.5 percent increase over the same period last year, according to data published today by…
Pre-construction condo vs resale: which should you invest in?
When it comes to purchasing a condo as a first-time home buyer or investor, there is a wide range of opportunities and benefits. However, when it comes to choosing whether or not to buy a pre-construction condo or a resale condo, things can…
Average house price increase per year: Toronto
It's no secret that the Toronto housing market is one of the most competitive real estate markets in Canada. In January 2021, statistics from the Canadian Real Estate Association (CREA), showed that home sales have set another all-time record,…
With Toronto condo sales rebounding, prices could heat up later this year
It won’t happen overnight, but with Toronto condo sales clearly on the rebound, struggling condo prices could soon be following them upward before the end of the year.
That’s the message from RBC Senior Economist Robert Hogue who, earlier…
One-bedroom rents in Toronto and Vancouver reach lowest point since 2017
As we creep closer to the one-year anniversary of Canada’s first COVID-19 lockdowns, the country’s major rental markets continue to see prices fall as rental supply climbs and empowered renters negotiate with landlords.
New figures released…
Canadian home sales set another record in January, prices post 23% increase
It’s still early in the year, but January 2021 is looking awfully similar to basically every month in the second half of 2020, at least as far as the country’s high-flying housing market is concerned.
While we started sounding like a…
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