No signs of housing demand waning in the Greater Toronto Area
It’s been a while since I felt the need to write a post about a housing market bubble, but the recent 2019 UBS Global Real Estate Bubble Index put Toronto at second greatest bubble risk in the world, so naturally, I have to talk about it.
Ground-oriented housing starts gaining strength in Toronto
According to the Canada Mortgage and Housing Corporation’s monthly housing starts report, national starts trended at 223,507 units in September 2019, up slightly from 218,782 in August.
IMF confirms building more homes is the best way to tackle housing affordability
The International Monetary Fund has confirmed what nearly everyone in the Greater Toronto Area’s new home building industry has been saying for the last few years - more supply is the answer to the affordability crisis.
Balance may be returning to the Greater Toronto Area’s condo rental market
In the third quarter of 2019 (Q3-2019), there were 10,800 condo apartments rented through the MLS system, which is 17.3% higher than the same quarter a year ago.
Resale housing market continues to tighten in the Greater Toronto Area
The typically busy fall market in now upon us, and according to the Toronto Real Estate Board’s latest resale figures for September 2019, the season is off to a strong start.
New housing supply solutions you may not have heard before
A group of British Columbia real estate organizations recently made recommendations to the leading federal parties to help address housing issues in the province, and there are a couple ideas that seem like they might work in the GTA too.
Is Toronto really at risk of a housing bubble burst?
Looks like Toronto is in housing bubble trouble again, according to the 2019 UBS Global Real Estate Bubble Index. Apparently, Toronto is at greater bubble risk than Hong Kong or Vancouver.
What I think of the federal parties’ housing promises
I’m feeling optimistic with all leading federal parties prioritizing housing issues leading up to the October 21 election. Remember, do your research before heading to the polls!
Toronto doesn’t have nearly enough rental units to meet demand
You think Toronto’s residential rental market is tight now? According to a recent report from the Royal Bank of Canada, the demand for rent is only going to get stronger, and there’s not enough inventory to accommodate it.
Federal parties outline ways to improve housing in Canada
The Toronto Real Estate Board recently announced that they are “encouraged” by the federal parties’ focus on housing issues, but there’s a bit more to the story than meets the eye.
