Inventories High, Housing Starts Low
The Canada Mortgage and Housing Corporation (CMHC) announced that national housing starts were trending at 189,837 units in August 2014, which is practically unchanged from July’s 189,596 starts.The trending figure is a six-month moving average of
BMO Surveys First-Time Homebuyers
The average first-time homebuyer expects to purchase a $300,000 home with a $48,000 down payment, so says a recent BMO first-time homebuyer survey. The survey, released Tuesday, gave us a peek into the mindset of some of the most important buyers in the
Spring and summer will be a good time to list your home!
Resale prices were down in February, according to the latest from the Toronto Real Estate Board (TREB). Although the GTA prices fell 12.4% in February year-over-year, average prices were still above 2016’s prices and higher than in January.
CMHC Predicts Soft Landing for Housing Market
The Canada Mortgage and Housing Corporation (CMHC) released its second quarter 2014 Housing Market Outlook, Canada Edition, highlighting their forecasts for 2014 and 2015 housing starts, and MLS average prices and sales figures.The CMHC expects Canadian
Allegro by Geranium is Aurora’s latest luxury community
Illustrations are artists’ conceptIf you’re in search of a true luxury home, then you’ll be excited to discover Allegro, a new home community in Aurora by Geranium. As the average price of a new detached home in the Greater Toronto Area (GTA) nears $2
What can a middle-class home buyer afford across Canada?
According to the latest data from the Canadian Real Estate Association, the average residential home will now set prospective home buyers back $525,000, though affordability challenges are much more acute in the nation’s priciest markets.
GTA resale condo market heating up
The Toronto Real Estate Board (TREB) recently released its Greater Toronto Area (GTA) resale condo market report for the first quarter of 2017, announcing that sales and the average selling price saw double digit year-over-year growth, while new listings
These Toronto area condos are designed for families
As the average price of a new single-family home in the Greater Toronto Area hovers above $1 million, more people with children are embracing the condo lifestyle. But which condos are good for kids?
CMHC Housing Starts for November 2013
The Canada Mortgage and Housing Corporation (CMHC) recently released its report on November 2013’s housing starts statistics.According to CMHC, housing starts in Canada were trending at 194,014 units in November. This is a six-month moving average of
Canadian Condo Starts Expected to Decrease
The Canada Mortgage and Housing Corporation (CMHC) recently announced that Canadian housing starts were trending at 197,747 units in September 2014, which is a slight increase to the trend measure of 191,095 in August.A six-month moving average of
