How millennials influence homebuying patterns in the Greater Toronto Area Image

How millennials influence homebuying patterns in the Greater Toronto Area

A recent report from RE/MAX of Ontario-Atlantic Canada says that homebuying activity in the Greater Toronto Area has shifted to the west, but millennials may swing activity back to the east in the near future. 

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It’s time for Toronto to get creative with public-private partnerships Image

It’s time for Toronto to get creative with public-private partnerships

Sidewalk Labs offered to invest billions to build transit and essentially lay the groundwork for future development in the Port Lands area in Toronto. All they wanted in exchange was...a cut of property taxes and development fees. 

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Governments and corporations own just 7% of residential properties in Ontario Image

Governments and corporations own just 7% of residential properties in Ontario

The Canada Mortgage and Housing Corporation recently released highlights of its latest Housing Market Insight report, which focused on individual and non-individual residential property ownership. 

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No Valentine? Here’s where single buyers can afford a home in Canada Image

No Valentine? Here’s where single buyers can afford a home in Canada

With home prices climbing stratospherically over the last five years and a mortgage stress test now in place, homebuyers are seeing their purchasing power chopped more than ever - especially young families and first-time buyers.

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What can Toronto learn from Montreal about family-friendly condo development? Image

What can Toronto learn from Montreal about family-friendly condo development?

A recent article in the Montreal Gazette caught our eye because it referenced how “Some condo towers in Toronto now include indoor playgrounds, and even maker spaces where kids (and adults) can work on arts and crafts.” The writer says this is “genius.”

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The three-way tug-of-war between builders, homeowners, and politicians Image

The three-way tug-of-war between builders, homeowners, and politicians

According to the report, simply building more missing middle housing isn’t an option. One of the primary reasons this type of housing isn’t getting built is because of the three-way tug-of-war between builders, homeowners, and politicians. 

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See what people in Toronto sacrifice to buy a home Image

See what people in Toronto sacrifice to buy a home

With would-be buyers finally adjusting to the stress test and interest rates looking like their taking a breather, 2019 may be a strong year for home sales in Toronto and other major markets in Canada. 

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Sugar Wharf by Menkes is the best-selling new condo in Canada Image

Sugar Wharf by Menkes is the best-selling new condo in Canada

The five condo towers will range from 64-90 storeys. When the first two launched last summer, Menkes sold 1,241 of the 1,463 available units. That’s 85%! This success was seen in a year of cooling, as new condo sales fell 38% compared to 2017. 

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See what these 5 policymakers have to say about housing supply Image

See what these 5 policymakers have to say about housing supply

We’ve already shared the January 2019 resale housing market figures and a few highlights from the Outlook section, so now we want to highlight what some policymakers are saying about housing supply. 

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Expect fewer new homes breaking ground in Toronto during 2019 Image

Expect fewer new homes breaking ground in Toronto during 2019

The Canada Mortgage and Housing Corporation released its monthly housing starts figures for January 2019, reporting that starts held steady compared to the previous month. 

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