Rental demand outweighing supply in the GTA
Urbanation, the Greater Toronto Area’s (GTA) leading source for condo market intelligence, recently released its 2017 fourth quarter rental market report, announcing that supply is not meeting the strong demand. There were 27,219 condo
Study says there is no land shortage in the GTA
When prices skyrocket and developers (among others) clamour for more developable land, we primarily point at two factors: a shortage of available land and/or the difficulty in developing it. A recent Neptis Foundation study helps negate the former.
GTA home prices may drop 10%
The Teranet-National Bank Composite House Price Index released Monday says Canadian home prices rose 2% in July 2017 over June, and 14.2% over last year. The monthly increase in Toronto was 2.1%, although the report claims there are signs of weakness in
GTA housing expected to become even less affordable
According to a new report from CIBC, the GTA housing market is on course to become even less affordable! Supply is the issue, but what's the solution?
Will the GTA Ever Build Atop its Transportation Hubs?
Since transportation has been a top priority for commuters in every city, all over the world, for as long as we can remember, it was only a matter of time before architects drew up a design that builds directly over major transportation hubs.With the
Average price of a new detached home in the GTA nears $2 million
The Building Industry and Land Development Association (BILD) released its new home sales figures for May 2017, announcing that the province's Fair Housing Plan has done little to cool the new home market in the Greater Toronto Area (GTA). There were
Average price of a new condo in the GTA increases 36%
The Building Industry and Land Development Association (BILD) just released its new home sales figures for September 2017, announcing that new condo sales in the Greater Toronto Area (GTA) are on pace with the 10 year average. There were 2,101 new home
The average new home price in the GTA drops to $937,689
The Building Industry and Land Development Association (BILD) released its new home sales figures for October 2016, announcing that the average price of new low-rise homes in the Greater Toronto Area (GTA) dropped (month-to-month). According to Altus
New home sales in the GTA off to a slow start in January 2016
According to the Building Industry and Land Development Association (BILD), new home sales are off to a slow start as of the end of January 2016, with a decline in sales, prices remaining flat, and a lack of inventory. If you recall, BILD recently
GTA Resale Market Figures Jump in June
The Toronto Real Estate Board (TREB) released their resale housing statistics for the first two weeks of June 2014, highlighting substantial increases in sales and new listings.There were 4,938 sales recorded through the TorontoMLS system during the
