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The Stockyards District Residences is now under construction!  Image

The Stockyards District Residences is now under construction!

We’re not surprised that The Stockyards has progressed so quickly and efficiently. Marlin Spring and Greybrook have partnered on more than a dozen low-rise and high-rise projects in locations like Ottawa, Montreal, Houston, and of course, Toronto.

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Buying a detached home and the importance of patience Image

Buying a detached home and the importance of patience

I have a confession to make - I’m slightly conflicted about the state of the Greater Toronto Area’s housing market. Is there actually an affordability crisis? Does the mortgage stress test actually need to be adjusted? 

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Royal Windsor in Collingwood is the ideal community for active adult living Image

Royal Windsor in Collingwood is the ideal community for active adult living

We have exciting news for baby boomers in search of their ideal adult lifestyle community - Sherwood Homes is launching Royal Windsor at Balmoral Village this fall!

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Thirty Six Zorra is one of Etobicoke’s most exciting new condo developments Image

Thirty Six Zorra is one of Etobicoke’s most exciting new condo developments

Etobicoke has been a hot spot for condo buyers this year, so we’re especially excited to learn more about Altree Developments’ new project, Thirty Six Zorra.    

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Ontarians don’t think municipalities should have greater tax powers Image

Ontarians don’t think municipalities should have greater tax powers

The Ontario Real Estate Association commissioned a study, conducted by Navigator, to better understand the Public Perception Regarding Municipal Government Programs. The online survey included people aged 18+ in Ontario. 

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You can now lock-in an incredible mortgage rate at The Logan Residences in Toronto Image

You can now lock-in an incredible mortgage rate at The Logan Residences in Toronto

Looking to move into a new condo this year in the heart of one of Toronto’s most vibrant neighbourhoods? You need to check out The Logan Residences by The Daniels Corporation. 

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Birchcliff Urban Towns residents to benefit from geothermal heat pump system Image

Birchcliff Urban Towns residents to benefit from geothermal heat pump system

Subterra recently broke ground on a new geothermal heat pump at Core Development Group’s Birchcliff Urban Towns development, which is currently under construction in Toronto.

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Canadian home sales climb for the fifth month in a row Image

Canadian home sales climb for the fifth month in a row

Despite the stress test, Canadian home sales are returning to healthy levels, according to the monthly report from the Canadian Real Estate Association. In July 2019, national home sales increased for the fifth consecutive month.

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Things you should know before moving into your new condo during interim occupancy Image

Things you should know before moving into your new condo during interim occupancy

Moving into your new condo is an exciting thing to do, especially if you’re a first-time buyer. If you’re moving in before the building is registered and you’re paying interim occupancy fees, it means there will likely still be construction underway. 

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OHBA announces the 2019 Awards of Distinction finalists Image

OHBA announces the 2019 Awards of Distinction finalists

A jury of industry professionals reviewed all of the entries and narrowed down the finalists in 42 categories, showcasing industry excellence in building, design, renovations, sales, and marketing. 

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The Greater Toronto Area’s detached home market is making a comeback! Image

The Greater Toronto Area’s detached home market is making a comeback!

For the longest time, detached homes were the most popular housing type. Even when prices were skyrocketing, detached home sales in the resale market were still higher than townhomes and semis.

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Am I contributing to the housing supply shortage by not downsizing? Image

Am I contributing to the housing supply shortage by not downsizing?

Will aging baby boomers really prevent millennials from moving up and buying single-family homes in Toronto? A new report from the Canada Mortgage and Housing Corporation suggests this will happen. 

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Tips for owning a dog in a condo building Image

Tips for owning a dog in a condo building

Despite rising prices, high density condo apartments are still the most relatively affordable housing option in the Greater Toronto Area. This means more people are buying this type of housing, which means more dogs are also living in condo buildings.

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Canadian housing market comes in for a soft landing as prices continue to rise Image

Canadian housing market comes in for a soft landing as prices continue to rise

While talk of a Canadian housing bubble was creeping back into some headlines, the market actually came in for a soft landing, according to a recent report from BMO Capital Markets. 

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Canadian housing starts trend upwards as construction slows in Toronto Image

Canadian housing starts trend upwards as construction slows in Toronto

Canadian housing starts trended at 208,970 units in July 2019, compared to 205,765 in June. The trend is a six month moving average of seasonally adjusted annual rates (SAAR).

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Burlington offers the best quality of life, but it’s not an affordable place to live Image

Burlington offers the best quality of life, but it’s not an affordable place to live

Maclean’s conducted a study of 415 communities across Canada and ranked them based on a variety of criteria, including wealth & economy, affordability, population growth, taxes, commute times, crime, weather, health care, amenities and culture. 

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What to expect when applying for a mortgage for the first time Image

What to expect when applying for a mortgage for the first time

When you buy a new home preconstruction, the builder requires you to provide proof of pre-approval, but this is much different than applying for a mortgage. 

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Q&A with R. Scott Davie sheds light on the housing affordability crisis Image

Q&A with R. Scott Davie sheds light on the housing affordability crisis

We are in the middle of a housing affordability crisis. If price growth continues to outpace income growth, younger generations will have an extremely difficult time buying a home. 

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What your property taxes pay for in the City of Toronto Image

What your property taxes pay for in the City of Toronto

Property taxes can be confusing. Fortunately, the City of Toronto has a Property Tax Calculator that actually shows how your money is being distributed to various services and infrastructure developments and maintenance. 

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8 postdoctoral fellows receive funding to expand housing research in Canada Image

8 postdoctoral fellows receive funding to expand housing research in Canada

In an effort to spur innovation with regards to housing development in Canada, the federal government has announced funding for eight postdoctoral fellows. 

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Pent up demand supporting strong price growth in resale housing market Image

Pent up demand supporting strong price growth in resale housing market

The Greater Toronto Area resale housing market had a strong spring, and summer started off strong, too. Based on the latest market figures from the Toronto Real Estate Board, summer is still hot! 

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You can expect condo sales in downtown Toronto to spike again Image

You can expect condo sales in downtown Toronto to spike again

A recent report found that condo buyers are extending their home search to the outskirts of the Greater Toronto Area, likely in search of relatively affordable prices and more square footage for their dollar. I don’t think this trend will last long. 

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The Thornhill in Vaughan is a new master-planned condo community coming this fall! Image

The Thornhill in Vaughan is a new master-planned condo community coming this fall!

A new master-planned condo community by The Daniels Corporation and Baif Developments is coming to Vaughan, and the opening is just around the corner! 

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Canadian housing market maintains moderate degree of vulnerability Image

Canadian housing market maintains moderate degree of vulnerability

It looks like Canada’s housing market is finally balancing out, according to the latest Housing Market Assessment from the Canada Mortgage and Housing Corporation. 

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Weekend tasks you should do around your home before August ends Image

Weekend tasks you should do around your home before August ends

The first long weekend in August is a great time to get some quick home maintenance tasks done. If you’re heading up to the cottage, you can use this post as a to-do list for next weekend or the weekend after.

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Condo buyers are heading to the outskirts of the Greater Toronto Area Image

Condo buyers are heading to the outskirts of the Greater Toronto Area

Urbanation released its condo market results for the second quarter of 2019, reporting that there were 8,902 condo sales in the GTA, which is an increase of 77% year-over-year.

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Open auctions picking up steam in Toronto real estate Image

Open auctions picking up steam in Toronto real estate

We’ve always said that the housing market and its participants would benefit from more transparency, and it looks like open auctions are catching on in the Greater Toronto Area. 

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Canada launches $100 million program to support first-time buyers Image

Canada launches $100 million program to support first-time buyers

The Shared Equity Mortgage Providers Fund launched at the end of July 2019. It’s a $100 million, five-year program managed by the Canada Mortgage and Housing Corporation that will support existing SEMPs.

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Shared home ownership goals more important than looks when it comes to millennials dating Image

Shared home ownership goals more important than looks when it comes to millennials dating

According to a new global survey by HSBC Bank of Canada, 61% of Canadian millennials feel anxious about buying a property, compared to just 20% of baby boomers.

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Unpopular opinion: The housing market is in great shape Image

Unpopular opinion: The housing market is in great shape

Is there an affordability crisis? Yes. Are we still lacking supply? Yes. Do we still need more high-density housing near major transit nodes and the zoning to accommodate this type of development? Yes.

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Passive House design may be the way of the future Image

Passive House design may be the way of the future

The federal government recently announced funding for a new affordable rental building in Whistler that will meet Passive House standards. There will be 24 units, including four studios, 13 one-bedrooms, and seven two-bedrooms.

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3 reasons why the mortgage stress test should not change (for now) Image

3 reasons why the mortgage stress test should not change (for now)

The mortgage stress test has been a hot topic since it was first introduced in 2018. Some in the real estate industry believe the policy has done its job and it’s time to revise it, and some believe it should remain the way it is. 

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There are 120 construction cranes active in Toronto right now Image

There are 120 construction cranes active in Toronto right now

Rider Levett Bucknall released its July 2019 Crane Index recently, and Better Dwelling had a few additional details about the report. The Crane Index looks at 13 major cities in North America and tracks the amount of cranes on the skyline. 

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All-female development team hosts women-focused design consultation for Reina Condos Image

All-female development team hosts women-focused design consultation for Reina Condos

The Reina team identified approximately 650 issues that were brought up, and then separated them into 30 categories. The top five categories were layout, storage, soundproofing, flexible space, and greenery/natural elements.

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Average price of a new condo in the Greater Toronto Area surpasses $800,000 Image

Average price of a new condo in the Greater Toronto Area surpasses $800,000

Compared to last year, 2019 is proving to be a strong one for new home sales in the Greater Toronto Area, according to a new report from the Building Industry and Land Development Association. 

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Resale condo market remains tight through the first half of the year Image

Resale condo market remains tight through the first half of the year

According to the Toronto Real Estate Board, there were 7,038 condo sales reported through the MLS in the second quarter of 2019, which is a year-over-year increase of 3.2%.

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