The Latest information in Pre-Construction Condos
Don Mouth Naturalization Becomes A Reality
This June, we announced $1.25 billion in tri-government funding for Waterfront Toronto to naturalize the mouth of the Don River, provide flood protection and lay the groundwork for new communities. This project, officially called Port…
Home construction picks up in July, driven by buildings, condos, CMHC says
The federal housing agency says home construction picked up last month.
Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate of housing starts increased to 222,324 units in July, up from 212,948 in June.
The annual…
Toronto / GTA Market Report
Canada continues to experience strong GDP growth, with the latest monthly data from May 2017 showing that the economy grew by 0.6% month-over-month, or 4.6% year-over-year.
This growth was consistent across 14 of the 20 sectors tracked. For…
Home Capital gets investment, new $2B credit line from Warren Buffett's Berkshire Hathaway
Berkshire Hathaway, led by the renowned investor, says it will take a 38.39% stake in the mortgage lender and provide a $2 billion credit lifeline
Embattled mortgage lender Home Capital just got a lifeline from the Oracle of Omaha.
Berkshire…
Vaughan's Glorious Downtown Plans Prove to be an Exciting Redevelopment
Canada's Wonderland Won't Be the Only Thing Defining Vaughan's Skyline Anymore
442 acres of land is being redeveloped, that's approximately 300 football fields! They're creating a downtown core that Vaughan has never seen before set with tons…
Approved - new park at 28 Bathurst!
I'm delighted that City Council approved my colleague, Councillor Mike Layton's plan, to turn vacant land at 28 Bathurst into a brand new 2-acre park. This is tremendous news, and a great win for our shared downtown neighbourhoods.
As our…
Ontario to place 15 per cent tax on foreign buyers to cool GTA housing market: Sources
The Canadian Press has learned that the Ontario government will place a 15-per-cent tax on non-resident foreign buyers as part of a much-anticipated package of housing measures to be unveiled today.
The measures are aimed at cooling down…
solution to the GTA housing problem
Distinguished economist Benjamin Tal says that rentals "must be part of the solution" to the GTA housing problem
Report Summary:
The GTA is not a normally functioning market due to a history of legislation failure, as well as a severe…
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