New home construction in the GTA produces $5.2 billion in wages
There’s been plenty of talk and headlines about the Greater Toronto Area’s (GTA) housing market cooling, and it looks like we are in store for a gentle correction. When the market cools, there are less sales and less construction, so what does that mean
5 types of fireplaces for condos and houses
It’s already dropped to around -20 degrees celsius and we’re just getting started with winter here in the Greater Toronto Area (GTA). If you don’t have a fireplace to curl up in front of this winter, we bet you wish you did. If you’re thinking of getting
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.
New condo market finishing the year stronger than it started
The Building Industry and Land Development Association released its monthly results for the Greater Toronto Area’s new home market, reporting that the number of sales and openings are back on track for November 2018.
Brampton, Milton, and Oakville see the most new low-rise sales
In 2015, the Trimart Research Corporation forecasted that the Total Market Area would see 21,500 new low-rise sales for the year. Well, with the Toronto Real Estate Board (TREB) recently announcing a record number of home sales reported in the Greater
Is Toronto’s resale market about to become even more unaffordable?
The Toronto Real Estate Board (TREB) released its resale housing market figures for December 2016, announcing that 2016 was the second consecutive year of record high sales in the Greater Toronto Area (GTA). Last December, there were 5,338 sales reported
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.
Selling prices increase for all housing types, except detached homes
The Toronto Real Estate Board (TREB) released its monthly resale report for October 2017, announcing a dip in Greater Toronto Area (GTA) home sales for all housing types. In total, there were 7,118 sales reported through the MLS last month, a significant
Our Top 5 Most Popular Low-Rise Blog Posts of 2014
Throughout 2014, Newinhomes.com attended numerous events, wrote about many new low-rise communities across the Greater Toronto Area (GTA) and beyond, and toured our fair share of model homes and construction sites. There are literally hundreds of posts
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.
