First-ever Passive House high-rise retrofit in Canada coming soon Image

First-ever Passive House high-rise retrofit in Canada coming soon

Hamilton will soon be home to Canada’s first-ever residential tower retrofit that meets Passive House standards, surpassing Ontario’s building code in energy efficiency by leaps and bounds. 

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Toronto real estate is resilient in a turbulent time Image

Toronto real estate is resilient in a turbulent time

With Toronto Council at odds with the province about the Housing Supply Action Plan, and talk of some serious money laundering through Toronto real estate, I wouldn’t blame you for being concerned.

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Toronto council not on board with the Housing Supply Action Plan Image

Toronto council not on board with the Housing Supply Action Plan

When the Housing Supply Action Plan was announced, members of the new home industry praised the Bill, but it looks like Toronto City Council has many concerns. 

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The housing market is about to go through some big changes Image

The housing market is about to go through some big changes

It’s been an interesting couple of weeks - details of Ontario’s Housing Supply Action Plan were released, debate over the mortgage stress test continued, and sales activity started to heat up. 

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What would happen if the mortgage stress test was eliminated? Image

What would happen if the mortgage stress test was eliminated?

Sixteen months after the implementation of the federal government’s B-20 mortgage stress test regulations, TD Bank released an examination of its effects. Basically, the stress test did what it was supposed to do, but had some unintended consequences. 

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Only those within the top 10% of earners can afford a Toronto house: study Image

Only those within the top 10% of earners can afford a Toronto house: study

Even as housing prices have cooled throughout the GTA since the 2016 market peak, the average house still fetched $873,100 as of March, while the typical condo unit costs over half a million dollars, at an average of $522,300.

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How Ontario can amp up affordable housing development Image

How Ontario can amp up affordable housing development

The key to building more affordable housing lies in the availability of public surplus lands, which is government owned land that is “vacant or underutilized, that is no longer needed to deliver government goods and services (Infrastructure Ontario).

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Is Toronto at risk of a brain drain to Montreal? Image

Is Toronto at risk of a brain drain to Montreal?

As millennials continue to be priced out of many urban housing markets across the Greater Toronto Area, Montreal is becoming an affordable haven for younger buyers, but the wide selection and relatively low prices won’t last forever. 

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See what first-time buyers expect to pay for their first home Image

See what first-time buyers expect to pay for their first home

As home prices continue to rise in Ontario, first-time buyers are getting slightly less optimistic and are seeking out larger financial gifts from friends and family, according to recent survey results. 

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New single-family home sales bouncing back in the Greater Toronto Area Image

New single-family home sales bouncing back in the Greater Toronto Area

The Building Industry and Land Development Association released its new home sales figures for March 2019, reporting that new single-family home sales in the Greater Toronto Area increased once again. 

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