The Latest information in Pre-Construction Condos
Urbanation releases Q3-2020 market update — new condo sales reach record high
The right time to buy things is usually when other’s aren’t, which is why I’ve felt that this year was a great time to buy a centrally located condo. Cities aren’t going anywhere. This isn’t their first pandemic. Downtown demand will…
Thinking exponentially and the rule of 72
in finance - investing, we need to think *exponentially*, not *linearly*.
Money compounds. Growth doesn't happen at a constant pace; it *accelerates* over time.
Most of us are not programmed to intuitively "get" compounding — over the…
5 Housing Market Trends to Watch for In Canada in 2021
It goes without saying that 2020 was an unprecedented year, and that the ripple effect on the housing market was swift and notable. Across the country, home buyers, sellers, and renters re-evaluated their housing priorities as they navigated…
Average Ontario Home Prices Could Rise More Than 16% in 2021
Last week, the Canadian Real Estate Association (CREA) released its latest resale housing market forecast, which revealed that — despite turbulent spring months — homebuyers are on track to set a record for activity in 2020, with some 544,413…
Major condo price correction is unlikely despite collapsing demand: BMO
While there’s no doubt that downtown condos were left in the dust when suburban single-family home sales and prices took off during Canada’s economic recovery, the chances that urban high-rises will see a significant price drop over the…
Quarterly Forecasts
December 15, 2020 – The national average price is forecast to rise by 9.1% in 2021 to $620,400. Average price trends across Canada in 2021 are generally expected to resemble those in 2020. Shortages of supply, particularly in Ontario and Quebec,…
Home prices post highest November increase in 22 years: Teranet
A Canadian home price tracker known to be one of the best measures of price appreciation just experienced a record-breaking November increase.
The Teranet-National Bank House Price Index rose 0.9 percent last month over October’s reading,…
Canadian home sales close to breaking all-time record in 2020
While home sales across the country declined slightly in November from the previous month, they were up a healthy 32 percent over the same time last year.
In other words, it’s the type of stellar performance that’s become standard during…
3 Toronto suburbs saw condo prices rise over 10% in November
While downtown condos saw price declines last month, a few suburban condo markets in the Toronto region still recorded healthy price growth.
Oakville, Oshawa and Burlington all posted resale condo price gains above 10 percent in November,…
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