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
Why is the Toronto Rental Market on Fire?
Urbanation, Toronto’s leading source for condo market intelligence, has released its first quarter rental market report for 2015, which includes a new survey of purpose-built rental apartments.Through the MLS system, there were 4,938 condo units rented
Will Strong Low-Rise Sales Leave Condos in the Dust?
For the first time in a while, sales of new low-rise homes are outpacing new condo sales, but what does this spring hold for the new home market?According to Trimart Research Corporation, there were over 20 new low-rise openings and releases in March
Housing Bubble Still Expected to Burst...Some Day
It’s been seven years since the housing bubble in the United States burst and we’re still looking at the Canadian market with trepidation and expectations that the same is going to happen here. It’s just not in sight, right now.Analysts have been
Will the New Home Market Heat Up with the Beautiful Weather?
Canada’s new home market has kind of been up and down over the past few months, according to Trimart Research Corporation. Last February, national housing starts decreased 16.4% to 156,300, much lower than expected for the time of the year. Trimart
Sneak Peek at the Top 4 Low-Rise Cities in the GTA
As March comes to an end, Trimart Research Corporation is giving us a sneak peek at first quarter statistics, highlighting the top four selling cities for new low-rise homes in the Greater Toronto Area (GTA). Coming in first place with 738 year-to-date
Will Brampton be a Top Seller This Year?
Now that spring is upon us (though it doesn’t feel like it), Trimart Research Corporation is predicting that the Total Market Area (TMA) will see strong sales over the next few months. There were over 1,400 new low-rise sales in the TMA last February,
Average New Home Price Hits $733,578 for the First Time
The Building Industry and Land Development Association (BILD) announced that there were 2,798 new home sales in February 2015, according to RealNet Canada, BILD’s trusted resource for all new home market intelligence."The year is off to a stable start
Small Cities Play Big on Best Canadian Cities List
When MoneySense Magazine crunched its numbers on the best Canadian cities in which to buy real-estate, staffers were a bit surprised by the results.It seems the big cities in which investors hope to make the biggest hit are simply OK when it comes to
Proposed Planning and Development Changes a Double-Edged Sword
Don’t you think that encouraging more development in a community and then making it as hard as possible for developers to do what they do best is hypocritical?Ideally, a municipality would encourage new construction by allowing developers to build the
