The week is about halfway done, but I feel like so much has happened across the Greater Toronto Area (GTA). Instead of focusing on one topic this week, I’m highlighting four bits of news that you need to know before the weekend comes. 1) The average
Recently, Genworth Canada released their Spring 2013 Metropolitan Housing Outlook report. Genworth Canada’s report examines average prices throughout Canada for resale homes, the rate of housing starts, and also forecasts how certain regions of Canada
Royal LePage recently released its third quarter 2017 report, collecting and analysing data from 53 of Canada’s largest housing markets.Nationally, the average home price went up 12% year-over-year to $545,414, but as we are sure you’re aware, Canada is
By: Sam ReissThe Toronto Dominion bank is warning that Canada is moderately “overbuilt.” TD Economist Francis Fong says the current pace of construction “well north” of the average rate of household formation; he says nation-wide it isn’t a problem, but
A recent study found that almost two-thirds of millennials expect to own their first home in Toronto. With the city’s average purchase price nearing half a million dollars, owning a home is no easy feat. Nonetheless, young aspiring first-time homebuyers
Oakville was recently named the best place to live in Canada by MoneySense Magazine. But, with homes averaging $1.2 million, it’s not the most affordable city. If housing affordability is a top priority for you, don’t worry, that list exists too.
2015 was full of eye-catching headlines, reporting on record high home sales and average prices, as well as record low new home inventory levels. Builders, developers, interior designers, and architects presented some of the best and most innovative
The Toronto Real Estate Board (TREB) recently released its second quarter (Q2) condo market figures for the GTA’s resale market, announcing a significant growth in both transactions and average selling price.“Much of the new condominium apartment
Condo rental rates were flat during this time period, averaging between $2,600 and $2,650 a month. Purpose-built rental listings were around $2,000 a month in January 2019 and have since increased more than 7% to $2,133.