February real estate market data points to a continued cooling trend

The fallout from the tougher lending rules is continuing through February as sales and prices decline on the national scale.  After a lacluster second half in 2012, the Canadian Real Estate Association (CREA) adjusted its forcast for 2013.  Total sales for the Canadian housing market are projected to fall 2.9% to 441,500 with the national average […]

Household debt hits a new high

Although the rate of credit accumulation is slowing, household debt in Canada hits new high in the fourth quarter of 2012, lending more evidence that actions taken by the Bank of Canada are stabilzing the housing market.

39 Kingswood Road

Grand Centre-Hall Plan 5-Bdrm Family Home In A Tremendous Beach Location On Sought-After Kingswood Rd. Close To 5000 Sq Ft Of Living Space On A Superior 50′ X 130′ Lot With Fabulous Level Sunny Backyard

Condos fueling jump in Canadian housing starts

According to STATSCAN, building permits worth$5.8 -billion were issued in January, which is up 1.7% from December.  The value of permits were also up 17.6% after a 6 month decline.

Government policies are distorting New Home and Condo market

Building Industry and Land Development Association (BILD) says government policies in land constraints, regulations and development approval processes are negatively impacting the availability of new homes to real estate consumers. As a result, the price gap between new homes and condos has grown to $196,844, which is more than double the long-term average and limiting […]

2230 Lake Shore Boulevard W, Unit 707

Gorgeous 822 Sq.Ft.Southeast Facing Split 2 Bedroom. Completely Unobstructed Views Of Lake Ontario & CN Tower With TTC At Door. Parks & Martin Goodman Trail Actoss The Street. Floor To Ceiling Windows With 2 Walkouts To 190 Sq.Ft. Deck. Amazing Amendities Incl. Indoor Pool, Gym, Party Room, Theatre, Rooftop Terraces, 24 Hr. Concierge & $12,000 […]

Anyone despise rush hour traffic?

We’ve all had our fair share of rush hour traffic torture, but I have to admit… I had never thought of banning large trucks during the morning and evening commutes.  Although it is a bit

Toronto Real Estate Market: TREB Market Analysis November 2012

Toronto’s real estate market moves into negative territory

Well, its official… Toronto’s real estate market has shifted into negative territory in its average price.  The October market marked the first month to month price decline (0.6%) since late last year.  Toronto’s real estate market has continued to soften since the new mortgage rules went into

Trump Tower suffers another falling glass panel

Glass has fallen, yet again, at Toronto’s Trump International Hotel & Tower.  Workers apparently lost control of a glass panel, dropping it into another glass