Celebration Common is the new waterfront park at Ontario Place
The province has released more details and the conceptual design for Celebration Common, the new park at Ontario Place in Toronto’s west end.
More than 60,000 new condo units under construction
The Greater Toronto Area’s (GTA) leading source for condo market intelligence, Urbanation, released its first quarter report for 2018 (Q1-2018). Following a record year for the new condo market, things are starting to calm down a bit.
Foreign buyer activity drops in the GTA
According to a recent report from Royal Bank of Canada (RBC), foreign buyers now make a stronger impact in Ottawa compared to the Greater Toronto Area (GTA), though Vancouver and Victoria remain the top spots for non-resident speculators.
Increasing development charges will hinder affordability
Development charges are meant to be used for the infrastructure necessary to sustain additional population as a result of development.
Stay tuned for more tips and news for first-time buyers!
If you’re a follower of the Newinhomes.com Blog, then you’re aware we frequently post tips and other content for first-time buyers. This month, you’ll see an influx of special features for those of you looking to buy your first home!
New release at Upper Valleylands in Brampton on May 12th
We have some extremely exciting news for you – Fieldgate Homes is preparing a new release at Upper Valleylands in Brampton, right on the Caledon border!
Toronto housing market still at risk of overvaluation
The Canada Mortgage and Housing Corporation (CMHC) released its quarterly Housing Market Assessment (HMA), announcing that the national market is highly vulnerable for the seventh consecutive quarter.
Development charge rebates to stimulate creation of affordable rental housing
The province of Ontario recently announced development charge rebates in an effort to stimulate the creation of more affordable rental housing.
Spring cleaning as an act of self-care
To some, it might seem like self-care is merely a millennial buzzword; but there’s much more to it than face masks and aromatherapy candles. Staying on top of spring cleaning can be a form of self-care, too.
A different way of looking at housing supply
Even when the Greater Toronto Area (GTA) housing market is calming down it seems hot. New single-family home sales in March 2018 dropped 77% compared to the same period last year, but the benchmark price is still more than $1.2 million.
