‘Uber-luxury’ housing market picking up momentum in the GTA
According to recent figures from RE/MAX, year-to-date uber-luxury home sales in the GTA have exceeded 2018 levels. As of the end of October, there were 102 home sales above $5 million, which is 8.5% higher than the same period a year ago.
Canadian housing starts slow down, but many units remain in the pipeline
National housing starts took a breather in October 2019, according to the latest report from the Canada Mortgage and Housing Corporation.
Toronto housing market no longer at risk of overvaluation
After a lengthy period of high vulnerability in Toronto’s housing market, it finally looks like things are starting to ease up, according to the Canada Mortgage and Housing Corporation’s latest Housing Market Assessment.
The average price of a detached home in the GTA has barely changed since a year ago
October 2019 proved to be a strong month for the Greater Toronto Area’s resale market, with home sales and prices still climbing, while new listings continued to drop.
All new homes in Toronto must be built to net-zero by 2030
If you’re considering tackling all the changes necessary to make your home net-zero, the City of Toronto is here to help. Mayor John Tory recently announced the BetterHomesTO program.
Is Toronto ready for tiny houses?
The residential streetscape is in for a change with cities across Canada approving bylaws to allow for more housing per property. Will it completely fix the tight rental market? No. But, it’s definitely a step in the right direction.
2019 may be one of the best years on record for the Greater Toronto Area’s new condo market
It looks like 2019 may be one of the strongest years ever for the Greater Toronto Area’s new condo market, according to recent figures from Urbanation, the leading source for new condo statistics in the GTA.
Legal cannabis creating ‘micro-booms’ in markets across Canada
Before cannabis legalization, there was a fear that there would be negative effects on the Canadian housing market. According to recent figures, it looks like the opposite is actually happening.
2 things that could happen to Toronto’s new condo market
Tomorrow is Halloween, but to be honest, the only thing that’s kind of frightening me right now is how expensive new condos in the Greater Toronto Area are getting.
New single-family home sales in the Greater Toronto Area increase a whopping 283%
According to the Building Industry and Land Development Association’s monthly new home market report, there were 3,061 new home sales across the GTA in September 2019, which is 73% higher than the same month a year ago.
