The Latest information in Pre-Construction Condos
For a City of the Future, Mississauga’s Parking Spot Policy is Stuck in the Past
Mississauga currently requires condos to have one parking spot per studio unit; more for larger units. But as the city moves to a more transit-friendly, urban place, is it appropriate to keep up that ratio?
In fact, some condo developers…
Condo boom puts Toronto atop Crane Index … again
The booming Greater Toronto Area has again taken top spot on the North American Crane Index, with the region hosting an astounding 27 per cent of the cranes counted in 14 of the continent’s largest and most active urban markets.
The Q1…
TD Bank chief optimistic of steady recovery after the pandemic
Toronto-Dominion Bank’s CEO has expressed confidence that the domestic financial system and household purchasing power will regain valuable lost ground once the coronavirus threat recedes.
Speaking to BNN Bloomberg earlier this week, Bharat…
What the Construction Shut Down Means for Residential Buyers in Toronto
With Ontario announcing the shut down of the industrial construction industry in the province on Friday, and alongside with it, many residential construction projects as well, pre-construction buyers suddenly have a few questions on their mind.
Until…
Can housing construction lead the economy out of recession?
Aside from replenishing the national inventory, building new homes might also play a vital role in bringing the US economy back to health once the COVID-19 outbreak is contained.
The National Association of Home Builders reported that building…
TRREB's March sales figures show "clear break" between pre- and post-COVID-19 periods
The latest home sale figures released by the Toronto Regional Real Estate Board (TRREB) revealed a “clear break” in market activity in the GTA between the periods before and after the COVID-19 pandemic hit Ontario.
According to TRREB,…
Site closed: No new residential construction in ON after April 4
Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province. As of 11:59 p.m. on April 4, the only projects allowed to continue will be those single-family, semi-detached…
Foreclosures at record lows in February: So what?
On April 1, Attom Data Solutions released its February 2020 U.S. Foreclosure Market Report. As the U.S. housing market was cruising along at breakneck speed prior to the COVID-19 virus landing on American shores, the numbers were predictably…
HELOCs: A powerful tool for cash-hungry households
Home equity lines of credit (HELOCs) might prove highly valuable to households labouring under weaker purchasing power, according to finance columnist Dale Jackson.
In a recent article for BNN Bloomberg, Jackson stated that the ongoing pandemic…
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