Without Toronto and Vancouver, the average home price in Canada is below $400,000 Image

Without Toronto and Vancouver, the average home price in Canada is below $400,000

Though it seemed like the housing market was heating up last spring, on a national level, activity was a bit less exciting, according to the latest monthly report from the Candian Real Estate Association.

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Toronto’s Rail Deck Park takes another big step forward Image

Toronto’s Rail Deck Park takes another big step forward

The LPAT dismissed the appeal of the City Council-approved Official Plan Amendment 395, which designated the rail corridor from Bathurst to Blue Jays Way as future parkland and open public space.

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Canadian home prices expected to rise this year, fuelled by Toronto real estate Image

Canadian home prices expected to rise this year, fuelled by Toronto real estate

If you were waiting for home prices to drop before buying, you may have missed your chance. There was a slight cooling period through 2018 and even earlier this year, but according to a new study, prices are on the rise. 

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Toronto housing starts remain steady through June Image

Toronto housing starts remain steady through June

According to the Canada Mortgage and Housing Corporation’s monthly housing starts report, on a national level, starts trended up in June 2019 with 205,838 units, compared to 200,530 in May.

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Rightsizing boomers putting pressure on the luxury condo market Image

Rightsizing boomers putting pressure on the luxury condo market

Due to strong population gains, a stable labour market, healthy employment rate and increasing household budgets, the GTA’s top-tier market was pretty active in the first six months of the year.

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Ontario home prices need to drop more than $300,000 to be affordable for millennials Image

Ontario home prices need to drop more than $300,000 to be affordable for millennials

A new study by Generation Squeeze in Vancouver found average home prices in Canada need to drop by nearly 50% for a typical 25-34 year-old (let’s call them millennials) to afford an 80% mortgage on an average priced home. Or, their earnings need to double

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Is it time to embrace coliving in Toronto? Image

Is it time to embrace coliving in Toronto?

It may sound like you’re back in college again, but your next rental in Toronto may be a coliving situation. How do you feel about that? Common, a company known for its coliving housing in the United States, has partnered with Dream Unlimited.

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Will laneway suites across the entire city improve housing affordability? Image

Will laneway suites across the entire city improve housing affordability?

It’s possible that there will soon be more laneway suites in Toronto in the near future as the Planning and Housing Committee recently endorsed a plan to support this type of residential development across the city. 

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Why I like the Sidewalk Toronto housing strategy Image

Why I like the Sidewalk Toronto housing strategy

The long weekend is behind us and I finally had a chance to sit down with Sidewalk Labs’ Master Plan for Sidewalk Toronto. All other controversies aside, I’m excited about the housing strategy. 

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Oxford’s Union Park to include a daycare and family-friendly rental units Image

Oxford’s Union Park to include a daycare and family-friendly rental units

Over the last week, the talk of the town has been the Union Park development in Toronto by Oxford Properties Group. At first, it was the $3.5 billion price tag that made headlines, but now that more time has been spent digesting the master-plan.

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