Homebuyers continue to flock to new home openings and releases
With the new low-rise inventory hitting record lows, homebuyers have their fingers on the pulse and builders are aggressively marketing their new openings and releases, says Trimart Research Corporation.Last month, there were around 30 new openings and
Housing starts declined across Canada, except in Ontario
The Canada Mortgage and Housing Corporation (CMHC) released its national monthly housing starts report for March 2016, announcing a decline in every region of Canada, except for Ontario. The trend measure in March was 196,783 units, compared to 201,618
Looks like Kitchener may be a hot spot for new low-rise sales
A month after Trimart Research Corporation announced that Brampton, Pickering, and Oakville were topping the list of most new low-rise sales with sales in the triple digits already for 2016, they have announced that Brampton is still on top!Brampton has
Most condo investors expect to own for more than five years
CMHC released its 2015 Condominium Owners Survey, saying that condo investors in our two hottest markets (yup, Toronto and Vancouver) display “stable characteristics over time,” meaning not much has changed over their last three reports.According to the
GTA resale market sees record high sales in the first quarter of 2016
The Toronto Real Estate Board (TREB) has released its monthly resale housing figures for March 2016, announcing a record number of sales for the first quarter of the year. In March 2016, there were 10,326 sales recorded through the MLS, which is 16.2%
Will we witness the rise of the middle class?
Friends of mine bought a four-bedroom, two-storey detached home on a nice residential street in Scarborough in the early 1970s for $38,000. It’s not a fancy house. Spacious enough, but far from large. I’d guess it’s about 1,800 square feet. It has a
New low-rise sales in the TMA hit decade-high last February
According to Trimart Research Corporation’s latest report, the Total Market Area (TMA) saw 2,273 new low-rise sales in February 2016, which is the most for any February over the last decade. Not only is this a record high for the last 10 years, it’s a
GTA new home sales back on track, but the price gap widens
According to the Building Industry and Land Development Association’s (BILD) latest new home sales report for February 2016, sales in the Greater Toronto Area (GTA) are back on track after a slow start to the year. Last February, there were 3,629 new
New low-rise sales in Ajax and Milton to be hot this year
For the first few months of 2016, Brampton, Oakville, and Pickering have been the hottest spots for new low-rise sales, but according to the latest report by Trimart Research Corporation, Milton and Ajax had some very successful openings recently! Milton
Will spring releases provide enough inventory for the new home market?
According to Trimart Research Corporation’s latest report, they are still recording new low-rise sales from February, and it’s looking like last month was very successful! As expected, Brampton and Oakville saw a lot of sales, and it looks like Pickering
