Average price of single homes jumps 13% in Toronto
The shortage in new listings is continuing to push the average price of homes up across the Greater Toronto Area. Leading the way is the City of Toronto with the latest average price nearing the
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 […]
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
Condo owners along Toronto’s waterfront want their own riding
As I am sure not many people know, the Ontario panel of the federal boundaries commission at Elections Canada is redrawing the electoral map across Canada. Ontario is slated for 15 new ridings in the next election, with many of them located in the ever-expanding City of Toronto.
Majority of Toronto condo developers are not revealing data on “flipping”
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 […]
REPORT: Irresponsible lending uncovered in Toronto condo market report
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.
Condo Market Report: 2012 Q3 Update
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,
Toronto Condo Market: 2012 Q2 Update
TREB’s Jason Mercer – Senior Manager, Market Analysis, discusses the Condo Report, and Rental Report, for Q2.
Toronto Condo Market: 2011 Q4 Update
TREB’s Jason Mercer – Senior Manager, Market Analysis, discusses the Condo Report, and Rental Report, for Q4.
