Toronto housing market no longer at risk of overvaluation Image

Toronto housing market no longer at risk of overvaluation

​​​​​​​After a lengthy period of high vulnerability in Toronto’s housing market, it finally looks like things are starting to ease up, according to the Canada Mortgage and Housing Corporation’s latest Housing Market Assessment.

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The average price of a detached home in the GTA has barely changed since a year ago Image

The average price of a detached home in the GTA has barely changed since a year ago

​​​​​​​October 2019 proved to be a strong month for the Greater Toronto Area’s resale market, with home sales and prices still climbing, while new listings continued to drop. 

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All new homes in Toronto must be built to net-zero by 2030 Image

All new homes in Toronto must be built to net-zero by 2030

​​​​​​​If you’re considering tackling all the changes necessary to make your home net-zero, the City of Toronto is here to help. Mayor John Tory recently announced the BetterHomesTO program.

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Is Toronto ready for tiny houses? Image

Is Toronto ready for tiny houses?

​​​​​​​The residential streetscape is in for a change with cities across Canada approving bylaws to allow for more housing per property. Will it completely fix the tight rental market? No. But, it’s definitely a step in the right direction.

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2019 may be one of the best years on record for the Greater Toronto Area’s new condo market Image

2019 may be one of the best years on record for the Greater Toronto Area’s new condo market

​​​​​​​It looks like 2019 may be one of the strongest years ever for the Greater Toronto Area’s new condo market, according to recent figures from Urbanation, the leading source for new condo statistics in the GTA. 

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Legal cannabis creating ‘micro-booms’ in markets across Canada Image

Legal cannabis creating ‘micro-booms’ in markets across Canada

​​​​​​​Before cannabis legalization, there was a fear that there would be negative effects on the Canadian housing market. According to recent figures, it looks like the opposite is actually happening. 

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2 things that could happen to Toronto’s new condo market Image

2 things that could happen to Toronto’s new condo market

​​​​​​​Tomorrow is Halloween, but to be honest, the only thing that’s kind of frightening me right now is how expensive new condos in the Greater Toronto Area are getting. 

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New single-family home sales in the Greater Toronto Area increase a whopping 283% Image

New single-family home sales in the Greater Toronto Area increase a whopping 283%

According to the Building Industry and Land Development Association’s monthly new home market report, there were 3,061 new home sales across the GTA in September 2019, which is 73% higher than the same month a year ago.

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You can expect Canadian home prices and sales to increase in 2020 Image

You can expect Canadian home prices and sales to increase in 2020

​​​​​​​Following a rocky 2018, Canada’s housing market showed signs of rebounding all through 2019, and it looks like a recent report has confirmed that sales and prices will be on the rise in 2020. 

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Tarion makes moves to better inform and educate condo buyers Image

Tarion makes moves to better inform and educate condo buyers

​​​​​​​New pre-construction condo developments in Ontario will soon require an extra information sheet in the Agreement of Purchase & Sale thanks to a new mandate by Tarion Warranty Corporation.  

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