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.
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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
As we approach the end of 2019, we reached out to real estate consultant and analyst, Ben Myers, President of Bullpen Research & Consulting Inc., to get a clear picture of the state of the Greater Toronto Area’s housing market
Want the convenience of condo life without the hustle and bustle of downtown? Then you should definitely register for 5 Hamilton, the latest development in Waterdown by Hawk Ridge Homes.
It’s the season of giving, and one of the Greater Toronto Area builders that gives the most throughout the year and holiday season is Kylemore Communities.
