2020 is looking good as homebuyer confidence bounces back
Throughout 2019, Ontario’s housing market has shown signs of rebounding, and it looks like the strong activity will continue into 2020, according to a recent report from RE/MAX.
Ground-oriented housing starts gaining strength in Toronto
According to the Canada Mortgage and Housing Corporation’s monthly housing starts report, national starts trended at 223,507 units in September 2019, up slightly from 218,782 in August.
Canadian housing starts trend upwards as construction slows in Toronto
Canadian housing starts trended at 208,970 units in July 2019, compared to 205,765 in June. The trend is a six month moving average of seasonally adjusted annual rates (SAAR).
Burlington offers the best quality of life, but it’s not an affordable place to live
Maclean’s conducted a study of 415 communities across Canada and ranked them based on a variety of criteria, including wealth & economy, affordability, population growth, taxes, commute times, crime, weather, health care, amenities and culture.
Toronto’s housing supply shortage could be preventing important life decisions
Have you put off moving? What was the reason? A new report suggests housing supply is tied to a decreasing mobility rate in some of Canada’s largest metro areas, including Montreal, Ottawa-Gatineau, Calgary, Edmonton, Vancouver, and Toronto.
Is it time to embrace coliving in Toronto?
It may sound like you’re back in college again, but your next rental in Toronto may be a coliving situation. How do you feel about that? Common, a company known for its coliving housing in the United States, has partnered with Dream Unlimited.
Canadian housing affordability showing improvement, except in Toronto and Vancouver
On a national level, Canadian housing is becoming more affordable, but things aren’t looking good for buyers in the country’s most expensive markets, Toronto and Vancouver.
Greater Toronto Area luxury home market to heat up this spring
It looks like the Greater Toronto Area’s luxury home market will be strong this year compared to 2018, according to a new report from Royal LePage.
No Valentine? Here’s where single buyers can afford a home in Canada
With home prices climbing stratospherically over the last five years and a mortgage stress test now in place, homebuyers are seeing their purchasing power chopped more than ever - especially young families and first-time buyers.
Expect fewer new homes breaking ground in Toronto during 2019
The Canada Mortgage and Housing Corporation released its monthly housing starts figures for January 2019, reporting that starts held steady compared to the previous month.
