Canadian home sales drop due to low activity in the GTA
According to the latest monthly statistics from the Canadian Real Estate Association (CREA), the Greater Toronto Area (GTA) resale market has a lot to do with the overall drop in Canadian home sales. In June 2017, Canadian MLS sales dropped 6.7%.
Will Strong Economic Activity Drive New Home Sales in the GTA?
As expected, the Bank of Canada maintained its overnight rate at 0.75%, announced Trimart Research Corporation in their latest report. The Bank of Canada is calling for strong growth throughout the remaining months of 2015. Lower oil prices are having a
Should Canadian home buyers consider using the FTHBI?
First announced back in March in the last federal budget, the FTHBI has been the point of some debate, both for how the program is structured, and for some of the restrictions it places on home buyers who may wish to use it.
New home releases expected to slow despite inventory shortage
Traditionally, summer is a slow period for new home releases and openings across the Total Market Area (TMA), but since inventory levels have fallen so low and demand is so strong, there was a time when we thought that builders would continue to release
Zancor Homes Previews the Final Phase of Brooklin’s Forest
For the past couple years, Brooklin’s Forest by Zancor Homes has been Brooklin’s prestige community, and last weekend, Zancor released The Parkview Collection, the community’s grand finale.The Preview Appointment Weekend was well attended by couples and
You don’t have to wait until the spring to buy a home
I woke up yesterday to an internet meme that showed a vertically split panel; on one side was Bette Midler, mouth wide in presumed excitement, captured from her role in Hocus Pocus; on the other, a similar pose showing Will Ferrell in Elf. On the left it
Lora Bay: Grand Opening and New Model Home!
The time is approaching. People should be lining up. It's coming Saturday, March 31st. We hope you're ready.
There’s a new model home now open at Harbour Pointe!
It’s no secret that the Greater Toronto Area (GTA) is becoming too expensive for some homebuyers, which is why many families and retirees are extending their search to the outskirts, where they are discovering hidden gems like Harbour Pointe in
Brampton New Home Market Continues to Shine
According to Trimart Research Corporation, new low-rise sales in the Total Market Area (TMA) saw a 2.7% year-over-year increase in December 2014. With over 20,000 new low-rise sales, 2014 was the highest selling in the last six years. Greater Toronto saw
Builders are releasing new homes gradually to manage low inventories
Trimart Research Corporation’s latest report stresses that the lack of inventory in the new low-rise market across the Total Market Area (TMA) is affecting home prices. Builders are running low on supply so they are limiting the number of lots they
