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There are 120 construction cranes active in Toronto right now Image

There are 120 construction cranes active in Toronto right now

Rider Levett Bucknall released its July 2019 Crane Index recently, and Better Dwelling had a few additional details about the report. The Crane Index looks at 13 major cities in North America and tracks the amount of cranes on the skyline. 

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Resale condo market remains tight through the first half of the year Image

Resale condo market remains tight through the first half of the year

According to the Toronto Real Estate Board, there were 7,038 condo sales reported through the MLS in the second quarter of 2019, which is a year-over-year increase of 3.2%.

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Average price of a new condo in the Greater Toronto Area surpasses $800,000 Image

Average price of a new condo in the Greater Toronto Area surpasses $800,000

Compared to last year, 2019 is proving to be a strong one for new home sales in the Greater Toronto Area, according to a new report from the Building Industry and Land Development Association. 

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Nearly half of Canadian parents plan to help their kids buy a home Image

Nearly half of Canadian parents plan to help their kids buy a home

The Housing Affordability Survey, a Leger poll of more than 1,500 Canadians, commissioned by FP Canada, discovered that 48% of parents with children under 18 years of age intend to assist with the purchase of a first home.

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Mass timber construction could help increase housing supply Image

Mass timber construction could help increase housing supply

There’s been a lot of tension between the province of Ontario and municipalities, especially Toronto, but one piece of seemingly good news is the recent funding for a new mass timber manufacturing facility. 

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Looking for a cottage? Recreational property prices are on the rise! Image

Looking for a cottage? Recreational property prices are on the rise!

In Ontario, recreational property prices increased 8% year-over-year. Properties with water access in places like Collingwood and Blue Mountain saw median prices going up as much as 36%. The Haliburton waterfront area saw prices increasing nearly 30%.

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Tension grows as Toronto councillors threaten to slow residential development Image

Tension grows as Toronto councillors threaten to slow residential development

Last week, councillors Mike Layton, Joe Cressy, and Kristyn Wong-Tam held a joint press conference and announced their “red light, green light” system for evaluating residential development proposals in their respective wards. 

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Toronto’s housing supply shortage could be preventing important life decisions Image

Toronto’s housing supply shortage could be preventing important life decisions

Have you put off moving? What was the reason? A new report suggests housing supply is tied to a decreasing mobility rate in some of Canada’s largest metro areas, including Montreal, Ottawa-Gatineau, Calgary, Edmonton, Vancouver, and Toronto. 

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How cycling infrastructure impacts residential development Image

How cycling infrastructure impacts residential development

There’s a short-term plan for 2019 to 2021 and a long-term plan for 2022 and beyond. A major facet of the update is to identify all the existing, planned, and proposed cycling routes across the city. 

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This is how much you need to make an hour to afford rent in Toronto Image

This is how much you need to make an hour to afford rent in Toronto

If you earn minimum wage, there’s a good chance you can’t afford to rent in any neighbourhood in Toronto, according to a new study by the Canadian Centre for Policy Alternatives. 

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