The Latest information in Pre-Construction Condos
City of Toronto Neighborhoods Where Home Prices Have Doubled in the Past 5 Years
The Toronto housing market has seen a world of change in recent years – factors such as a strong economy, heavy migration, low rental vacancy, as well as investment in real estate as an asset, have had a too-hot-to-handle impact on average…
New rental supply needs to double in Toronto
This week, RBC Economics published a study on Canada’s rental market where they argued that the pace of new supply needs to at least double in markets like Toronto in order to meet future housing demand and balance the market. Similar things,…
Canada's condo markets intensify, outstripping the rest of NA
Condo markets in Toronto, Vancouver, and Montreal have accelerated significantly this fall, especially when compared to other major cities south of the border.
Last month alone, benchmark prices in Toronto went up by 5.2% annually to $805,500.…
Colliers rises to the challenge with strata sell-out in 2 weeks
Colliers International is celebrating after selling out the commercial element of North Vancouver’s new premium Park West development.
The real estate firm had set itself a target of selling the strata units in the shortest time but with…
TD only Canadian bank among world's most sustainable companies
With investors and consumers giving greater scrutiny to the companies they do business with regarding their environmental, social, and economic performance, being a ‘sustainable business’ is a badge of honour.
TD Bank Group has been named…
BC sets out plan to modernize housing approvals
The building approvals process in British Columbia is in need a makeover to make it more efficient.
The Minister of Municipal Affairs and Housing initiated a review of the process at the Union of British Columbia Municipalities (UBCM) convention…
Toronto’s housing market has the worst rental supply deficit in Canada
Toronto’s rental housing landscape is getting hit from all sides, as high prices keep homeownership out of reach for many while a chronically undersupplied rental pool fails to keep up with rising demand.
Even as purpose-built rental construction…
Canadian home sales have ‘room to run’ in 2020
Home sales rose Canada-wide for the sixth straight month in August, leading one of the country’s largest real estate industry groups to increase its 2019 sales forecast on the back of the sustained strong results.
According to Canadian…
Canadian housing starts sharply pointed upward last month
After around a year of mostly weaker activity, housing starts accelerated in August, according to Canada Mortgage and Housing Corporation.
The trend measure stood at 218,998 units last month, markedly larger than the 208,931 units in July…
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