TREB Q3-2013 Condo Report Image

TREB Q3-2013 Condo Report

In its just-released Third Quarter Condo Report, the Toronto Real Estate Board (TREB) says that Greater Toronto Area realtors reported 5,307 condo transactions in the TorontoMLS system. This is an 18% increase from Q3-2012, which only saw only 4,498

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The OAA Reveals Another Key to Affordability Image

The OAA Reveals Another Key to Affordability

By Penny MunozRecently, the Ontario Association of Architects (OAA) released their first report estimating the cost of the site plan approval process in Ontario at a presentation at the Design Exchange. The report collected opinions from architects as

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CREA Releases September 2013 National Home Sales Stats Image

CREA Releases September 2013 National Home Sales Stats

According to the Canadian Real Estate Association (CREA) national home sales statistics for September 2013, national home sales in the MLS system were up by 0.8% from August to September. About 75% of the local markets saw an increase in sales in

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Trimart: The Latest Low-Rise News Image

Trimart: The Latest Low-Rise News

Total market low-rise sales year to date as of August 2013 reached 11,716, which is 65% of the annual Trimart forecast. The Total Market Area (TMA) witnessed steady sales gains in August achieving 1,187 sales for the month, marking the fourth highest

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But Who Stands up for the Little Guy? Image

But Who Stands up for the Little Guy?

With a 100% increase looking likely not so long ago, optimistic developers are trying to see the glass as half full this week, as Rob Ford’s executive committee voted to hike development charges by 70%.Critics say that the city capitulated to builder

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Development Charges in Toronto Possibly Going up 70% Image

Development Charges in Toronto Possibly Going up 70%

By Penny MunozFollowing last week's council meeting, Mayor Rob Ford’s executive committee voted to increase development charges in the city by 70%. A substantial decrease from July’s projected 90%, the hike is still expected to generate up to $250

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BILD Low-Rise Forum: Can Building Mid-Rise be Affordable? Image

BILD Low-Rise Forum: Can Building Mid-Rise be Affordable?

On Sept. 25, we attended the BILD Low-Rise Forum, which focused on building affordable mid-rise residential buildings. The expert panel, moderated by Gerard Caverson of VANDYK Group of Companies, consisted of President of N. Barry Lyon & Associates-

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BILD’s New Home Sales Report for August Image

BILD’s New Home Sales Report for August

On Sept. 23, the Building Industry and Land Development Association (BILD) released its monthly sales report for August. According to RealNet Canada, BILD’s official source for new home marketing intelligence, prices are climbing and sales are

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Highlights of the 2011 National Household Survey Image

Highlights of the 2011 National Household Survey

Recently, the National Household Survey (NHS) released its third set of data about Canadian households. This release focused on “condominium dwellings in Canada.”For the NHS, approximately 4.5 million households across Canada were surveyed. This

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Rental Condo Market - Most Successful Sector Image

Rental Condo Market - Most Successful Sector

On Sept. 11, the National Post published an article about the state of the condo market in regards to the rental, new, and resale sectors, using Urbanation’s Census Metropolitan Area (CMA) statistics.Which sector is performing best?If it were some sort

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