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 choice and affordability for new home consumers.
Most consumers have no idea about the secretive practice of assignments in Toronto's condo market, let alone the effect they have on condo prices.
Urbanation Inc, a data research firm, has officially cancelled a survey on the speculation in the Toronto condo market due to a lack of cooperativeness in providing data by the vast majority of developers. With the support of CMHC,
According to a report produced by equity research firm, Veritas and reported by Huffington Post Canada, serious questions are now raised about the possibility of irresponsible lending practices in the Toronto condo market.
The condominium market was the best supplied segment in Toronto's real estate market in 2012's Q3. The high number of condominium completions in 2011 and start of 2012 have led to a high volume of investor-held units being listed for sale. That and the new,