The Latest information in Pre-Construction Condos
CBRE's 2019 Market
Source: CBRE 2019 Canadian Market Outlook – Toronto
9 tips for buying profitable investment condos in Toronto
Real estate is not a one-size-fits-all strategy. Pierre Carapetian, a top 1 percent agent in Toronto and an avid real estate investor himself, shares what we should know about buying an investment property in Toronto. Here are his tips to profitable…
First-time buyer FOMO: 3 tips to keep you going when home-buying stress hits hard
Shannon Stach and her fiancé recently put an offer in on a great Toronto home, one they could envision settling down and raising a family in. They lost the bid by a mere $2,500.
“We were shocked,” she says. “That was our first time…
Concerns about overvalued Canadian homes abating as job prospects, employment improve
If snarky comments about a Toronto “shack” listed for $2.5 million are any sign, there’s no shortage of Canadians who feel real estate is way overvalued in big cities — but federal analysts are now showing less concern about out-of-whack…
2018 could have been the hottest year on record for Canadian home sales (if not for this policy change)
The Canadian housing market had a rough year in 2018: sales dropped by 11 percent while the 4.1 percent decline in average price was the worst performance seen since 1995.
But it didn’t have to be that way, suggests the Canadian Real Estate…
Toronto home prices to creep close to 2017 all-time highs this year
The Toronto housing market is poised to nearly reach peaks reached in 2017, the hottest year on record for residential real estate in Canada’s biggest city.
This sums up the year-end forecast from the Toronto Real Estate Board (TREB). The…
December 2018 GTA New Home Sales Recap
There were 940 total new home sales in December 2018, with 136 Low Rise sales, down -5% from December 2017 (down -78% from 10yr avg) and 804 High Rise sales, down -1% from December 2017 (down -33% from 10yr avg).
The New Home Benchmark Price…
Multifamily building permits hit a record high in December
The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking the lead.
Statistics Canada says that the multifamily sector…
Canadian Shopping Malls Are Beating The Pants Off U.S. Ones
Here’s a bit of a surprise: The busiest shopping centre in North America isn’t in New York or L.A., as one might expect. It’s in Toronto — the iconic Eaton Centre.
That’s just one tidbit of information from the Retail Council of…
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