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The mortgage stress test is flawed because it doesn\

The mortgage stress test is flawed because it doesn't consider income growth

There’s a mortgage stress test duel underway, and the weapons of choice are reports and open letters. Who will win?

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New mural unveiled at Grid Condos in Toronto Image

New mural unveiled at Grid Condos in Toronto

There are so many ways for a city to embrace and support public art, and we love it when the members of the new home industry go that extra mile to create something beautiful for the community in which they’re building. 

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Condos and casinos nixed for Ontario Place redevelopment Image

Condos and casinos nixed for Ontario Place redevelopment

Earlier this year, you had an opportunity to share your ideas for the Ontario Place redevelopment. Now, the provincial government is seeking proposals and concepts from around the world. 

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It will soon be easier to figure out how much your neighbour paid for their home Image

It will soon be easier to figure out how much your neighbour paid for their home

Less than a year ago, the Supreme Court rejected the Toronto Real Estate Board’s appeal to prevent brokerages and real estate agents from publishing sold data online. Now a whole crop of “proptech” companies have launched.

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Homebuyers stepping off the sidelines as market confidence grows Image

Homebuyers stepping off the sidelines as market confidence grows

I was reviewing the recent new home market figures released by Altus Group and the Building Industry and Land Development Association, and I believe the Greater Toronto Area is almost on the right track. 

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Park Vista in Whitby sells out in just one day! Image

Park Vista in Whitby sells out in just one day!

April 2019 proved to be a busy month for the new home market, and based on the success that Fieldgate Homes and Paradise Developments saw at Park Vista in Whitby last weekend, it seems like May has been strong, too. 

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New home sales in the Greater Toronto Area soar 123% Image

New home sales in the Greater Toronto Area soar 123%

According to Altus Group, the Building Industry and Land Development Association’s trusted source for new home market intelligence, there were 3,853 new home sales in the Greater Toronto Area in April 2019, which is a 123% year-over-year increase.

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CMHC president defends the mortgage stress test Image

CMHC president defends the mortgage stress test

Is it true that the mortgage stress test doesn’t really have unintended consequences? That’s what Evan Siddall, the president and CEO of Canada Mortgage and Housing Corporation, believes. 

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First all-female real estate development team making history in Toronto Image

First all-female real estate development team making history in Toronto

It’s no secret that the new home industry is a male-dominated one. From builders and developers to architects and engineers, the “biggest names” are men. Just flipping through our own contact list, it’s obvious that men outnumber women in real estate.

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Mortgage activity slows as Canadians fall deeper into debt Image

Mortgage activity slows as Canadians fall deeper into debt

Since late 2015, the mortgage delinquency rate among 65+ mortgage holders has been on the rise and the highest among all age groups, says the Mortgage and Consumer Credit Trends report by CMHC.

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