Housing starts take a downward turn in Toronto
The Canada Mortgage and Housing Corporation (CMHC) released its May 2016 housing starts figures, announcing that the national trend declined last month. In May, Canadian housing starts trended at 191,000 units, down from 194,950 in April. The trend is a
What’s the Impact of Your Commute?
By Penny MunozIf you’re one of Toronto’s average commuters, Statistics Canada data reveals that you’re spending approximately 32 minutes in the car, every day. That’s seven minutes over the national standard! For those who use the Gardiner or the DVP on
2018’s top trends in the home renovation industry
National trends suggest that nearly half of Canadian homeowners will choose to renovate their properties this year (with 48% of homeowners polled by CIBC last May planning to renovate in 2017). If, like much of the country, a home renovation
Greater Toronto Area home sales slowing, but prices still on the rise
The year may have started off slow for national housing activity, but it looks like 2019 is going to end on a good note, according to the latest monthly report from the Canadian Real Estate Association.
Housing Starts and New Openings are on the Rise!
The latest Trimart report highlights Canada’s surging housing starts and the numerous new low-rise site openings in March 2015. following a 17.1% drop in February 2015, March rallied strong with a 25.4% increase in national housing starts (189,700
First Community Meeting about Mirvish+Gehry
(L-R) David Mirvish and Frank Gehry - photo by Peter J. Thompson/National PostBy Penny MunozToronto native and world-renowned architect Frank Gehry showed his dedication to the Mirvish+Gehry project in a community council meeting recently by stating that
Housing Starts in Toronto Decrease for the First Time in Five Months
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts data for July 2015, announcing that multiple urban starts are making up for the decline in single-detached starts across the country. The trend measure for July was
Ontario housing starts dropped by nearly 20%
The Canada Mortgage and Housing Corporation (CMHC) released its monthly housing starts figures, announcing that starts trended upward in April 2017, despite the nearly 20% decline in Ontario. National housing starts trended at 213,768 units, compared to
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
Canadian housing starts increased in 2016
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts data for December 2016, announcing that national starts declined, mostly due to the slowing down of multi-unit construction. The trend measure was 198,053 units, compared to
