Trimart: October Showing more Great Numbers
With November coming to a close, October's low-rise sales numbers are starting to roll in, with some expected positive news. October showed a 6.4% sales increase over October of 2011, which sets the path for a strong fourth quarter across the Greater
Trimart: More May Numbers Coming In
As the numbers for May roll in, we continue to see ups and downs. Some sites are seeing lower than normal traffic and sales, while others continue to thrive. According to Trimart Research Corporation, the total market area sales are up 2.1 percent,
Will Yonge Street Become More Pedestrian Friendly?
Last week, NXT City Night took place and the winners of the NXT City Prize were announced! The NXT City Prize was an open call for all young, creative minds to submit a design that reimagined one of (or many) Toronto’s public spaces.Presented by Distil
Anti-competition ruling creates more informed homebuyers
In spring of 2016, Canada’s Competition Tribunal ruled that the Toronto Real Estate Board (TREB) was preventing competition by prohibiting its realtor members from online disclosure of sales data, including sales prices. Last week, a
The difficulty in building more affordable housing
A recent Real Estate New EXchange article caught my eye and reminded me of the Inclusionary Zoning regulation that will soon be discussed at Toronto City Council.
New home supply falls below 10,000 for first time in more than a decade
The Building Industry and Land Development Association (BILD) released its monthly sales figures for April 2017, announcing that demand continues to outpace supply across the Greater Toronto Area (GTA), with overall inventory hitting a record low. As of
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
More than 80,000 Canadians will be doing this on June 30
According to moving company, Two Men and a Truck, the weekend of June 30 is the busiest moving time of the whole year. Every year, 4.4 million of the 37 million Canadians move into a new home (or roughly 1.5 million families).
Will scrapping rent control actually create more supply?
Newinhomes.com doesn’t really focus on rental developments, but I believe rental, resale, and new home markets influence and impact one another, so I feel it necessary to take some time to share my thoughts on the scrapping of rent control.
