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Housing starts near 10-year high on Toronto condo boom

12/10/2017 | Posted in New Developments by Michael Antczak

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Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, with condo building in Toronto driving the trend.  

... More


Record October for new condo sales in GTA

11/25/2017 | Posted in Toronto Real Estate by Michael Antczak

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The Building Industry and Land Development Association says the GTA's supply of newly constructed condos last month hit its highest level since it began tracking that data ... More


Toronto-area new housing starts drop 42 per cent in October

11/8/2017 | Posted in Ontario Real Estate by Michael Antczak

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Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More


Ontario, B.C. mull pre-construction condo sales registry amid CRA crackdown

10/31/2017 | Posted in Real Estate News by Michael Antczak

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Ontario and B.C.'s finance ministers say they are open to the idea of a registry of pre- construction condominium sales as the Canada Revenue Agency ramps up efforts to ... More


New home sales halved in the GTA last month

10/30/2017 | Posted in GTA Real Estate by Michael Antczak

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Sales of new homes were down 48% in the Greater Toronto Area compared to a year earlier as low- and high- rise sectors saw large declines.

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New home sales in GTA plunge, prices soar in July

8/25/2017 | Posted in GTA Real Estate by Michael Antczak

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Despite a dramatic year-over-year drop in sales volumes of newly constructed home in July, prices in the Toronto region rose, with the industry association saying it expects a ... More


Home construction picks up in July, driven by buildings, condos, CMHC says

8/10/2017 | Posted in New Developments by Michael Antczak

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The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More


Future of GTA property market is up in the air

8/7/2017 | Posted in GTA Real Estate by Michael Antczak

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Housing trends show clear evidence that the Places to Grow intensification policy introduced a decade ago has now come into full effect.

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GTA new condo sales set another quarterly record

8/3/2017 | Posted in GTA Real Estate by Michael Antczak

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For the second consecutive quarter, new condo apartment sales in the Greater Toronto Area have reached a new high.

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New GTA condo sales shrug off Ontario Fair Housing Plan

7/26/2017 | Posted in GTA Real Estate by Michael Antczak

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There was a surge in sales of newly built condos in the Greater Toronto Area in June.

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Ontario government considers review of preferential condo sales

6/28/2017 | Posted in Ontario News by Michael Antczak

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The Ontario government is considering a review of preferential sales practices for pre-construction condos as part of its wide-ranging reforms of the housing market.

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New low-rise home sales in the GTA slumped 76 per cent last month

6/27/2017 | Posted in GTA Real Estate by Michael Antczak

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The market for newly-built low-rise homes in the Greater Toronto Area collapsed in May compared to a year earlier.

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A 10% hike to mortgage payments would sink almost 3 quarters of homeowners, Manulife says

5/25/2017 | Posted in Financial Health by Michael Antczak

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Almost three quarters of Canadian homeowners would have difficulty paying their mortgage every month if their payments increased by as little as 10 per cent, a new survey from ... More


Sales of new high-rise homes double 10-year average in GTA

5/23/2017 | Posted in GTA Real Estate by Michael Antczak

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Sales of new homes in the Greater Toronto Area gained 24 per cent year-over-year in the first four months of 2017 as the number of high-rise sales surged.

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Housing starts trend higher

5/9/2017 | Posted in Real Estate Market by Michael Antczak

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The 6-month trend of Canadian housing starts was up in April, reaching 213,768 units compared to 210,702 in March.

... More


GTA condo sales break record

5/4/2017 | Posted in Toronto Real Estate by Michael Antczak

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All industry eyes are keenly fixed on the Toronto real estate market following last month’s reveal of Ontario’s new housing plan; and while it’ll still take a ... More


Single Canadians make up a quarter of homebuyers

4/13/2017 | Posted in Home Buyers by Michael Antczak

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Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ... More


GTA high rise sales surging year-to-date

3/27/2017 | Posted in GTA Real Estate by Michael Antczak

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Sales of new high rise homes in the Greater Toronto Area have surged in the first two months of this year according to latest data from Altus Group.

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GTA condo market is undersupplied: CIBC

3/17/2017 | Posted in GTA Real Estate by Michael Antczak

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The commonly-held perception that there are too many condos for sale in the Greater Toronto Area has been challenged by CIBC’s Benjamin Tal.

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New home construction picks up, offering latest evidence of economic momentum

3/8/2017 | Posted in Real Estate News by Michael Antczak

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The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence ... More


GTA new condo sales broke records in 2016

2/16/2017 | Posted in GTA Real Estate by Michael Antczak

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There were 27,217 new condominium apartment sales in the Greater Toronto Area in 2016, a record 34 per cent increase compared to the year before, according to Urbanation ... More


Toronto condo buyers feeling the squeeze

1/20/2017 | Posted in GTA Real Estate by Michael Antczak

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One of the big surprises of the resale market in 2016 in the Greater Toronto Area was the strength of the condo segment. The shortage of listings in the single-family home ... More


New GTA home prices ease as supply ticks higher

11/23/2016 | Posted in GTA Real Estate by Michael Antczak

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The Greater Toronto Area saw a slight increase in the supply and mix of new homes in October while average prices declined slightly, the Building Industry and Land Development ... More


New condo sales in Toronto soar 73 per cent

11/16/2016 | Posted in Toronto Real Estate by Michael Antczak

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There were a total of 6,677 new condominium apartments sold across the Greater Toronto Area (GTA) during the third quarter of this year, according to Urbanation Inc.’s ... More


Foreign buyers have limited power in GTA condo market as sales soar

10/28/2016 | Posted in GTA Real Estate by Michael Antczak

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Foreign buyers play a limited part in condo sales activity in the Greater Toronto Area but investors play a key role in the market according to a new report from ... More


Rental market tightens in GTA

10/26/2016 | Posted in GTA Real Estate by Michael Antczak

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There was a 17.3 per cent drop in condo apartments available to rent in the Greater Toronto Area in third quarter of 2016 compared to a year earlier, Toronto Real Estate Board ... More


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