The Latest information in Pre-Construction Condos
Ending Density is not destiny
Back in March and April, there was a belief that big and dense cities were going to pose a serious problem in the fight against COVID-19.
The narrative was that the benefits of urban density suddenly flip to glaring negatives during a pandemic.…
Detached home building surged in Ontario last month amid skyrocketing demand
Home building activity across Ontario picked up in October, driven by significant growth in low-rise home construction.
Housing starts for single-detached homes and semi-detached homes rose 14.2 percent and 29.4 percent, respectively, last…
Canadian households sitting on $90 billion surplus cash: CIBC
A surge in Canadians’ disposable incomes and a decline in their spending habits has resulted in approximately $170 billion of surplus of cash, $90 billion of which is tied up in households, according to a CIBC report.
The COVID-19 pandemic…
Interesting Market 2020
Strangely the Greater Toronto Real Estate Market has been spotty but active and there are options and opportunities as there are in any market.
The number of listings has increased and we have had a flip-flop as the 905 activity surges over…
Toronto named tech hub of Canada and a hotspot for talent in North America
Though we're no longer set to be the home of one of the most technologically advanced neighbourhoods in the world, Toronto is still proving itself to be a huge force in the tech sector, and a hot spot for those in the industry.
The city's…
New lockdowns would hurt sales, but not home prices: Capital Economics
The biggest risk to Canada’s housing market in the near-term is new lockdowns in big cities that have seen COVID-19 infections surge in recent weeks.
According to an economist with Capital Economics, restrictions that may be rolled out…
Home prices record highest October increase in 22 years: Teranet
A widely watched Canadian home price index just posted its highest gain seen for the month of October in 22 years.
The Teranet-National Bank Home Price Index rose 1.3 percent last month over September and 8.1 percent from the previous year.…
North York Surpasses Toronto Proper as Priciest City in Canada to Rent 1-Bed Apt
It appears Toronto has been dethroned as the most expensive city in the country for average monthly rents for a one-bedroom after North York surpassed Canada’s largest city in October.
On Friday, Rentals.ca and Bullpen Research & Consulting…
10 new skyscrapers about to transform the Toronto skyline
Toronto is a city of soon-to-be skyscrapers. According to the 2020 North American Crane Index, we have the highest number of active tower cranes out of every other city in the continent, with 120 in the downtown core alone. And in a matter of…
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