Average selling price of a condo in Toronto nears $600,000 Image

Average selling price of a condo in Toronto nears $600,000

The Toronto Real Estate Board released its third quarter 2018 results for the Greater Toronto Area’s condo market, reporting tighter conditions.

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Increase in listings fails to ease soaring rents Image

Increase in listings fails to ease soaring rents

It continues to get more difficult for people and families looking to rent a condo apartment in the Greater Toronto Area. The Toronto Real Estate Board’s quarterly rental market report shows a significant increase in monthly rent.

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Overvaluation eases, but Canada’s housing market still highly vulnerable Image

Overvaluation eases, but Canada’s housing market still highly vulnerable

The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that on a national level, the country’s major housing markets are still highly vulnerable, though overvaluation is easing.

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New condo prices continue to climb amid supply boost Image

New condo prices continue to climb amid supply boost

The Building Industry and Land Development Association released its monthly new home market results for September 2018, reporting an uptick in sales activity across the Greater Toronto Area.

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Baby boomers and millennials fuelling the luxury condo market Image

Baby boomers and millennials fuelling the luxury condo market

The 2018 RE/MAX Spotlight on Luxury Report was released recently, reporting a significant drop in luxury detached home sales in Toronto and Vancouver. But, the luxury condo market is going strong.

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CREA concerned about rising interest rates as we head into the fall market Image

CREA concerned about rising interest rates as we head into the fall market

The Canadian Real Estate Association released its monthly home sales figures for September 2018, reporting slight concern over rising interest rates and the mortgage stress test.

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Building more missing middle housing is only half the battle Image

Building more missing middle housing is only half the battle

The Centre for Urban Research and Land Development recently shared a new report, titled “Townhouses Not a Magic Bullet for GTA Ground-Related Housing Affordability.”

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Condo completions to have a ‘calming effect on rent increases next year’ Image

Condo completions to have a ‘calming effect on rent increases next year’

Urbanation, the leading source for condo and rental market intelligence in the Greater Toronto Area, released its third quarter 2018 rental market results, reporting a dire need for more supply.

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5 ways the province can improve housing affordability for millennials Image

5 ways the province can improve housing affordability for millennials

Industry leaders are calling on the Ford government to take action to implement solutions to make it easier and more efficient to bring much-needed housing supply to market. The goal is to improve housing affordability specifically for millennials.  

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National housing starts trend drops in September, but increases in Toronto Image

National housing starts trend drops in September, but increases in Toronto

The Canada Mortgage and Housing Corporation released its monthly housing starts figures for September 2018, reporting a trend decrease.

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