TREB: GTA Resale Market Heats Up this Summer
Along with the temperature, the Greater Toronto Area’s (GTA) resale housing market figures are steadily rising. According to the Toronto Real Estate Board (TREB), there were 10,180 sales reported through the TorontoMLS system in June 2014, which is a
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.
GTA High-Rise Sector: Best Q1 in 10 Years
View from King Blue The Building Industry and Land Development Association (BILD) released its Q1-2014 report, highlighting new home sales in the Greater Toronto Area (GTA).Remember how a few real estate pundits and news outlets predicted a decline in
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
DANIELS HAS ANOTHER INCREDIBLE SELL OUT!!
The Daniels Corporation announces another incredible success with their highly anticipated FirstHome™ Destination Drive Phase Two community, which recently went on sale with 148 condominium suites and townhomes and SOLD OUT in just hours! This wa
Average price of a new low-rise home in the GTA hits a record high...again
The Building Industry and Land Development Association (BILD) has released its November 2015 sales figures for the Greater Toronto Area’s (GTA) new housing market, announcing that the average price for a low-rise home has hit yet another record high,
Trimart: Strong Demand in the Suburbs
According to this week's Trimart Report, the demand for low-rise homes remains strong. Homebuilders from Ajax to Markham have seen good traffic, and thus, strong sales results. In the month of May, we witnessed new communities opening, ones that offered
488 University by Amexon in Toronto is 75% Sold!
It’s been less than half a year since Amexon Development Corporation launched The Residences of 488 University Avenue, and the project is already 75% sold!That amount of sales is pretty impressive considering there are over 450 units at 488 University,
Detached homes over $1 million are still selling quickly across the GTA
After countless months of record high pricing in the new low-rise market across the Total Market Area (TMA), it seems like buyers are just accepting that a detached home is going to cost them over $1 million because sales haven’t really slowed down.
Only a few floor plans remain at Pears on the Avenue!
As new home sales stayed steady through the summer and many builders and developers prepared for their fall releases and openings, happy homeowners at Pears on the Avenue moved into their new units! We remember visiting with Menkes on the Pears site up