Canadian housing market maintains moderate degree of vulnerability Image

Canadian housing market maintains moderate degree of vulnerability

It looks like Canada’s housing market is finally balancing out, according to the latest Housing Market Assessment from the Canada Mortgage and Housing Corporation. 

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Condo buyers are heading to the outskirts of the Greater Toronto Area Image

Condo buyers are heading to the outskirts of the Greater Toronto Area

Urbanation released its condo market results for the second quarter of 2019, reporting that there were 8,902 condo sales in the GTA, which is an increase of 77% year-over-year.

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Unpopular opinion: The housing market is in great shape Image

Unpopular opinion: The housing market is in great shape

Is there an affordability crisis? Yes. Are we still lacking supply? Yes. Do we still need more high-density housing near major transit nodes and the zoning to accommodate this type of development? Yes.

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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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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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These were Canada’s hottest sellers’ markets in June Image

These were Canada’s hottest sellers’ markets in June

What are home buying conditions currently like across Canada? The latest data out from the Canadian Real Estate Association paints a picture of stability, as sales and prices remain relatively unchanged from last year.

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