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MOVING IN 2020 -  COVD-19 DICTATES “THE NEW NORMAL” Image

MOVING IN 2020 - COVD-19 DICTATES “THE NEW NORMAL”

Recently, I watched a webinar that addressed what life will be like going forward after COVID-19 is behind us. Certainly, the world is changing for individuals, families, groups and companies, and it may never be the “same” as it was before.

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Toronto’s corporate citizens lead rapid-fire #YSMRelay, raising over $345,000 for Yonge Street Mission in under two weeks Image

Toronto’s corporate citizens lead rapid-fire #YSMRelay, raising over $345,000 for Yonge Street Mission in under two weeks

Operating costs for Yonge Street Mission’s food bank services have been covered for the next few months thanks to #YSMRelay, led by Toronto’s real estate industry and corporate community that has raced around the city, raising $346,500

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Aoyuan International donates $25,000 to North York Harvest Food Bank in support of COVID-19 relief Image

Aoyuan International donates $25,000 to North York Harvest Food Bank in support of COVID-19 relief

Aoyuan’s landmark M2M master plan project is located in the North York community, where the developer is making the donation to give back, provide support, and help build a caring community.

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Ambassadors for The Mikey Network to Aid with Coronavirus  Relief Efforts at SickKids  Image

Ambassadors for The Mikey Network to Aid with Coronavirus Relief Efforts at SickKids

Looking to make an impact on the fight against the COVID-19, Meagan And Amanda Damota, current medical students and ambassadors for The Mikey Network, will be producing and donating non-surgical masks to The Hospital for Sick Children.

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How Today\

How Today's Interest Rates Nosedive Impacts You and Your Current/Next Mortgage

Following yesterday’s surprise emergency 50 basis point (bp) rate cut by the Fed, the Bank of Canada followed suit today and signalled it is poised to do more if necessary.

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Thirty Six Zorra Officially Breaks Ground Image

Thirty Six Zorra Officially Breaks Ground

80% sold in only six weeks, Altree Development holds groundbreaking ceremony for Thirty Six Zorra. Altree Developments, in partnership with EllisDon Capital (a member of the EllisDon family of companies), is pleased to announce the groundbreaking.

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Greater Toronto Area home prices climbed 4% in 2019 Image

Greater Toronto Area home prices climbed 4% in 2019

​​​​​​​Last year, the Greater Toronto Area’s housing market was in recovery mode with sales activity bouncing back from a rough 2018. This year, you can expect prices to heat up even more.  

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Marlin Spring Foundation to support non-profit youth initiatives Image

Marlin Spring Foundation to support non-profit youth initiatives

New home builders and condo developers do more than create housing, they establish, improve, and support communities, and there are many ways to accomplish this, as Marlin Spring has demonstrated with their latest announcement. 

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Condo developers can help put more Torontonians in electric vehicles Image

Condo developers can help put more Torontonians in electric vehicles

​​​​​​​The City of Toronto recently announced that its first electric vehicle strategy will be considered by the Infrastructure and Environment Committee this week. What a good way to start the year. 

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What’s in store for the 2020 housing market? Image

What’s in store for the 2020 housing market?

According to a number of forecasts, buyers, sellers and renters can expect the same ol’ issues to persist throughout the new year, such as crunched affordability, a lack of supply, and heating conditions in the nation’s biggest markets.

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4 reasons to go down to Toronto’s waterfront this winter Image

4 reasons to go down to Toronto’s waterfront this winter

​​​​​​​Don’t let the cold dissuade you from heading down to Toronto’s waterfront this winter. With the winners of the 2020 Winter Stations International Design Competition unveiled, there will soon be four reasons to go for a stroll along the beach.

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New Year’s resolutions that will help you buy a home in the near future Image

New Year’s resolutions that will help you buy a home in the near future

​​​​​​​The new decade is right around the corner. For many, the dream of homeownership is one they’d like realized in the near future. That’s why we’re sharing a few New Year’s resolutions you should make and keep so you can buy a new home!

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All the things that will impact the housing market in 2020 Image

All the things that will impact the housing market in 2020

​​​​​​​If you paid any attention to the housing market at all this year, you know there were some big moves made on a national, provincial, and municipal level. With that in mind, we reviewed all of 2019 and put together a list of 2019 highlights.

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Toronto approves the $23.4 billion HousingTO 2020-2030 Action Plan Image

Toronto approves the $23.4 billion HousingTO 2020-2030 Action Plan

​​​​​​​It looks like the City of Toronto is planning on starting the next decade on a high note with the approval of the ambitious (and pricey) HousingTO 2020-2030 Action Plan.

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2020 will be all about increasing housing supply in Toronto Image

2020 will be all about increasing housing supply in Toronto

​​​​​​​As this is my final article of the year, I thought I’d reflect a little bit on 2019 and share my thoughts on what the new decade may hold for Toronto real estate. 

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Average rent in Toronto expected to jump 7% to nearly $2,800 in 2020 Image

Average rent in Toronto expected to jump 7% to nearly $2,800 in 2020

​​​​​​​The Greater Toronto Area’s rental market is struggling with a lack of supply and increasing rent. Looking ahead to 2020, it looks like the affordability struggles will continue. 

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See what the average home price in Canada will be in 2020 Image

See what the average home price in Canada will be in 2020

​​​​​​​As we approach the beginning of a new decade, it’s fair to say that 2019 was a year of recovery for Canada’s resale housing market. Now let’s take a look at what 2020 may hold.

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Average Canadian home prices spike heading into the winter months Image

Average Canadian home prices spike heading into the winter months

The monthly report based on MLS systems across the country found that activity increased 0.6% month-to-month, making November the ninth straight monthly gain, with 20% more sales than the six-year low hit in February 2019.

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Tips for entertaining in a small space this holiday season! Image

Tips for entertaining in a small space this holiday season!

​​​​​​​Every year, more and more people in the Greater Toronto Area call an apartment home, whether it’s a rental or a condo unit. The thing about these spaces is that they can be on the smaller side compared to a single-family home.

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​​​​​​​December and January are the slowest months of the year for residential real estate, and for some people, this makes it the ideal time to seriously hunt for a home and make an offer.
Millennials’ homeownership struggles affecting retirement plans Image

Millennials’ homeownership struggles affecting retirement plans

KPMG recently shared the results of its Millennials and Retirement poll, focusing on the homeownership concerns young Canadians have, and they’ve now released some results pertaining to concerns about retirement.

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Demand for detached homes growing as more millennials start families Image

Demand for detached homes growing as more millennials start families

​​​​​​​As peak millennials find themselves in their 30s, it’s possible that there will be even more stress on the single-family housing market in 2020, according to a recent report by Royal LePage.

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​​​​​​​If you’ve been following our seasonal home maintenance checklists, especially for October and November, then your home should be pretty prepared for winter. If not, then make sure you complete everything on this list before the end of the year!
Everything you need to know about co-owning a home Image

Everything you need to know about co-owning a home

​​​​​​​Can’t afford to buy a home on your own? Then maybe you should take a look at this new Guide to Co-owning a home, which was recently released by the province of Ontario.

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​​​​​​​Earlier this month, Pantone announced its Color of the Year for 2020. You can expect 19-4052 Classic Blue to be prominently used in home decor next year!
Why I think Toronto homeowners should pay lower property taxes Image

Why I think Toronto homeowners should pay lower property taxes

​​​​​​​It looks like the City of Toronto’s property taxes are set to increase over the next few years. Depending on who I ask, people are either indifferent, happy, or furious. 

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Canadian housing starts remain steady heading into winter Image

Canadian housing starts remain steady heading into winter

​​​​​​​As Canada approaches the harsh winter months, it looks like the nation’s housing starts remained steady through November 2019, according to the latest data from the Canada Mortgage and Housing Corporation.

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​​​​​​​As Canadian housing prices are forecasted to climb in 2020, it looks like the state of the mortgage market will also see some “renewed strength,” according to a recent report by TransUnion.
What can a middle-class home buyer afford across Canada? Image

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.

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Province of Ontario announces complete overhaul of its new home warranty program Image

Province of Ontario announces complete overhaul of its new home warranty program

Looking forward to the new year, new homeowners may feel more confident in Ontario’s new home warranty system, as the province has announced a complete overhaul of the Tarion Warranty Corporation. 

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Nearly half of Canadian millennials believe homeownership is a ‘pipedream’ Image

Nearly half of Canadian millennials believe homeownership is a ‘pipedream’

Though millennials may be the most educated and making a decent amount of money, homeownership still seems like a “pipedream” to many of them, according to the results of a new poll commissioned by KPMG.

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Pedestrian safety a top priority in master-planned Agincourt Mall Redevelopment Image

Pedestrian safety a top priority in master-planned Agincourt Mall Redevelopment

We recently had the opportunity to chat with Steve Bishop, Vice President, Development Services at North American Development Group, to get a behind-the-scenes look at where they are in the process with the ambitious Agincourt Mall Redevelopment.

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As we approach the winter months, the Greater Toronto Area’s resale market continues to tighten, which has led to aggressive price increases. 
City of Toronto releases the proposed $23.4 billion HousingTO 2020-2030 Action Plan Image

City of Toronto releases the proposed $23.4 billion HousingTO 2020-2030 Action Plan

The start of a new decade is right around the corner, and with the housing affordability crisis still looming in Toronto, real estate is on a lot of people’s minds. 

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Fighting climate change will be a top priority for the real estate industry in 2020 Image

Fighting climate change will be a top priority for the real estate industry in 2020

As I look forward to 2020, I can’t help but feel like energy efficiency and fighting climate change will be top priorities in the new year. 

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You can still have a holiday vibe in your condo building Image

You can still have a holiday vibe in your condo building

​​​​​​​Driving around the suburbs at this time of year, you get to take in the holiday decorations lining the streets. You can’t say the same about walking home through the hall of your condo building. 

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