Resale Prices in GTA Continue to Climb!
Recently, the Toronto Real Estate Board (TREB) released its sales figures for the first two weeks of May 2014, announcing that sales in the Greater Toronto Area (GTA) continue to climb, while new listings continue to decrease.GTA resale
CMHC Predicts a Soft Landing for Canada’s Housing Market
The Canada Mortgage and Housing Corporation (CMHC) released its Housing Starts report for April 2014, predicting a soft landing for Canada’s housing market.National housing starts were trending at 183,515 units in April, compared to 184,602 in March.
Average Price of Detached Resale Jumps to $965,670
Recently, the Toronto Real Estate Board (TREB) released its resale market results for April 2014, highlighting some expected and unexpected findings (the average detached resale price falls under both categories).For April 2014, GTA REALTORS reported
Urbanation Releases Q1-2014 Condo Market Results
Urbanation, the industry’s leading source for information on Toronto’s exciting condominium market, released its Q1-2014 market results.Throughout Toronto CMA, 5,140 condo units sold during Q1-2014, which is 5% above the five-year average, and is nearly
Average First-Time Buyers’ Budgets Increase to $316,100
The Bank of Montreal (BMO) released its First-Time Home Buyers Report, announcing that the average first-time buyer has increased their average budget to $316,100 (compared to $300,000 in 2013).While the average budget has jumped over $16,000, the
Trimart: High Sales for New Low-Rise Market
Trimart Research Corporation has gathered their Q1-2014 new low-rise data for the entire Total Market Area (TMA), and 25.5% of their annual forecast has already been achieved. TMA sales for March were up 56% compared to the previous month, showing 2,109
Park Yourself
Is it safe to go outside yet? As I write this, the temperature is hovering around 12, and even the cynics are starting to think maybe we’re done with the minuses until next winter. Time to start going to the park.Check out the marketing literature for
Planning Cities for Families
The public forum for Torontonians to discuss key city-building challenges, called The Chief Planner Roundtable, is kicking off the 2014 series, which will focus on planning cities for families.The first meeting will be open to the public at City Hall in
Bring on the Vertical Living
The Toronto condo market continues to defy conventional wisdom, with another record month. RealNet Canada says March was the city’s best-ever with 2,496 newly constructed units sales, more than double the same period last year. The 10-year average for
National Home Sales Increase Slightly in March 2014
Recently, the Canadian Real Estate Association (CREA) released its March 2014 statistics for national home sales. Compared to the same period last year, Canadian home sales increased slightly.From February to March, Canadian home sales increased by just
