The winners of the 2019 Homeowners’ Choice Awards!
Tarion Warranty Corporation announced the winners of the 2019 Homeowners’ Choice Awards! These are officially the top builders in Ontario with regards to customer service and customer satisfaction.
You can now tour the new model suites at The Logan Residences!
We just got a peek at the new model suites at The Logan Residences in Toronto by Daniels, and we have to say, these are a must-see.
The King Street Transit Pilot is now permanent!
It’s official - the King Street Transit Pilot is now permanent, and it makes so much sense. This is a major milestone for the City of Toronto.
Toronto real estate is about more than supply and demand
The provincial Budget was tabled last week. I was hoping for more details on the Housing Supply Action Plan, but we were simply reminded again that the Plan is in the works and will somehow increase housing supply in Ontario.
This is the most active area for condo rentals in Toronto
Are you considering renting for longer because of the high condo prices in the Greater Toronto Area? Well, it looks like condo rental rates in the GTA didn’t get much more affordable compared to the end of 2018.
National home sales activity hits weakest monthly level since 2013
The Canadian Real Estate Association released its national home sales figures for March 2019, reporting a slight increase in activity.
Home maintenance tasks you must complete in April
Have you started your spring cleaning yet? It’s important to do more than simply dusting and cleaning surfaces. There are other parts of your home that need your attention, so we put together a home maintenance to-do list that you should complete in April
Ontario Budget vague on Housing Supply Action Plan details
At the end of last week, Doug Ford’s government tabled its first Budget. We listened in via livestream and flipped through the Budget online, but we couldn’t find much regarding the Housing Supply Action Plan or housing affordability in Ontario.
Find out why Toronto needs non-resident buyers
To get a better grasp on the housing market, we reached out to some industry professionals to get their opinions on a few hot topics. Our first Q&A was with Ben Myers, President of Bullpen Research & Consulting Inc.
New shipping container market in Toronto now open!
For years, we’ve had our eye on the mostly sold out Minto Westside site at Front and Bathurst in Toronto. Aside from it being one of the largest and most architecturally interesting condos in the city, it’s also surrounded by some intriguing parcels of la
Ontario announces $28.5 billion transit plan for the Greater Toronto Area
The provincial government announced new funding for new transit projects in the Greater Toronto Area, and it’s supposedly the largest investment ever to get new subways built.
Greater Toronto Area rental supply on the rise, but it’s still not enough
The Toronto Real Estate Board released its rental market figures for the first quarter of 2019, reporting an increase in both listings and leases of condo apartments in the Greater Toronto Area.
Will banning bully offers make a difference in Ontario real estate?
The Ontario Real Estate Association recently released its recommendations to improve and modernize the Real Estate and Business Brokers Act, including banning “bully offers.”
Buyer confidence on the rise in the Greater Toronto Area
There’s no denying that the Greater Toronto Area’s real estate market, both new and resale sectors, has been slow. 2018 was basically a nose dive compared to the high activity in 2016 and 2017. Now, I think we’re seeing signs of the market rebounding.
Hundreds of buyers line up for the New Kleinburg grand opening!
Last weekend, we popped in at the New Kleinburg grand opening. We heard that people were lining up days before, so we had to see it for ourselves. Turns out it was even busier than we thought it would be.
Canadian housing starts remain steady through March 2019
The Canada Mortgage and Housing Corporation released its housing starts data for March 2019, but there’s not much to get too excited about as construction remained steady to wrap up the first quarter of the year.
Moving out of the city? Here’s where homes are most affordable along the GO Transit line
This increased interest in the 905 housing markets is evident in the growing usage of GO Transit, the provincially-owned regional transit network. It boasted a ridership of 56.6 million people in 2018, upping service by 13% to 217 weekly trips.
CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver
Last week, the Canada Mortgage and Housing Corporation came to the defence of the First-Time Home Buyers Incentive (CMHC will be the organization partnering in the shared equity mortgages).
.jpeg)
OAA announces selections for the inaugural SHIFT Challenge
The Ontario Association of Architects announced its selections for the inaugural SHIFT Challenge, which aims to encourage architects, engineers and designers to solve societal issues with their skills and expertise.
Housing slowdown gives first-time buyers a chance in Canada’s biggest cities
Royal LePage recently released the results of its House Price Survey for the first quarter of 2019, which focuses on the three most popular housing types: two-storey homes, bungalows, and condos.
Have questions about the new home building industry? Now’s the time to ask
Have you ever had a question about the new home building industry or land development in the Greater Toronto Area? Thanks to Building Answers, you can now get all the answers you need.
Greater Toronto Area resale housing market remains steady through first quarter of 2019
The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales.
Montreal real estate on course to set new records this spring
Which Canadian housing market do you think will be a leader in 2019? If you said Montreal, then you would be right, at least according to Sotheby’s International Realty Canada.
Why the King Street Transit Pilot should be permanent
I just heard that a Toronto City staff report recommends making the King Street Transit Pilot permanent. I am happy to hear this.
Moving soon? Jump on the Marie Kondo bandwagon
Is it too late to jump on the Marie Kondo bandwagon? Her organizing philosophy is all about only owning things that “spark joy,” but we think this way of thinking can also be applied to moving into a new home!
Taking another look at increasing property taxes in Toronto
Earlier this year, the Centre for Urban Research and Land Development released a report saying that the City of Toronto could afford to hike residential property taxes by approximately 20% when compared to the median GTHA municipality.
5 things you should know about King’s Landing by Concord
One of the most exciting new condo developments in the Greater Toronto Area right now is King’s Landing by Concord Pacific Development.
New Kleinburg pre-purchase info sessions now open!
If you’ve had your eye on the highly anticipated New Kleinburg community, then you should definitely attend the pre-purchase info sessions!
Softer housing market provides affordability relief, but not in Toronto
Royal Bank of Canada released its latest Housing Trends and Affordability report, announcing that slower real estate activity in Canada has provided some affordability relief...but not in Toronto.
Shared equity mortgages: A good idea going to scale
When the Federal government released its budget in mid-March, those in the housing sector were eager to see what might be in store to help address the pressing need of making housing more affordable.
.jpeg)
Geranium gives you a behind-the-scenes look at Allegro in Aurora
Geranium recently conducted a Hard Hat Tour, visiting a new home under construction at their executive downtown Aurora community, Allegro.
Why I’m having second thoughts about the First-Time Home Buyer Incentive
So, I’ve had some time to contemplate the federal government’s moves to make buying a home easier and more affordable for first-time buyers, and I’m now having some second thoughts.
New 55-storey condo coming to University and Dundas in Toronto
We were fortunate enough to receive an invite to the unveiling of the plans for The United Building by Davpart, which will be the tallest architectural heritage retention development in North America, and it’s happening right here in Toronto.
.jpeg)
Congratulations to all the 2019 BILD Awards finalists!
The Building Industry and Land Development Association announced the 2019 finalists of the 39th annual BILD Awards!
New single-family home sales in the Greater Toronto Area increase 147%
The Building Industry and Land Development Association released its monthly new home sales figures for February 2019, reporting a significant spike in new single-family home sales in the Greater Toronto Area.
Will Vancouver’s luxury home market bounce back this spring?
Vancouver’s shift to a buyer’s market continued in both the condo and single-family markets. Buyers and sellers have stepped to the sidelines; buyers want to see if prices will keep dropping and sellers are hoping prices stabilize or go back up.
