Average Price for New Low-Rise Breaks $700,000 for First Time Ever
We knew it was possible, but weren’t sure if it was going to happen. The average price for new low-rise homes in the Greater Toronto Area (GTA) set a record high again, announced the Building Industry and Land Development Association (BILD).According to
How do condo ownership costs compare to rents in Toronto? STUDY
The cost of rental housing never ceases to be a hot-button issue in Toronto, and no wonder – with a city-wide vacancy rate of 1.1%, the 416 has one of the tightest rental markets in North America.
What is Manhattanization?
Last week, city council approved 18 new buildings, only three of which are office towers. City of Toronto Chief Planner Jennifer Keesmaat commented on the amount of approvals, calling it “mind blowing” and “astronomical” (in a good way).Ever since
The Carnaby: Where Modern Meets Vintage
What began as a single, intimate building at 2 Gladstone Ave. in Toronto's Queen West neighbourhood, has evolved into a cohesive community that encompasses 2 Gladstone, 8 Gladstone, and now The Carnaby, Streetcar Developments' latest urban gem.
7 Amenities Millennials Look for in a New Condo
The single household is the fastest-growing category in Canada’s housing market, and single women represent a significant portion of these real estate purchases, reports Metro News. According to the Toronto Star “single women now account for 20% of
Will mortgage rates creep up this year?
Once again, the latest report from Trimart Research Corporation draws attention to the supply and demand issue across the Total Market Area (TMA). The supply shortage no longer applies to only the Greater Toronto Area (GTA); the demand spillover has
Will We See Record High Home Sales in May?
The Toronto Real Estate Board (TREB) has released its mid-month figures for May 2015, announcing that the GTA’s resale housing market is on track for another month of record sales.In the first two weeks of May, there were 5,655 sales reported by GTA
The Bartholomew: Regent Park’s Latest Condo Development
Exciting news - The Daniels Corporation has announced the next condo and townhome development of their Regent Park master-plan in Toronto! The new residence is called The Bartholomew and will presumably be located near Dundas Street East and Regent
Behind the Scenes Tour: 16 Foot Lofts at Imperial Plaza
Real loft living is hard to come by in Toronto. Although many new developments claim loft-style features, only former industrial spaces that have been converted to work or living spaces are worthy of the true ‘loft’ title.Last Friday, the NewInHomes.com
Is Steeltown the Next Hogtown?
According to a recent report released by Colliers International, a commercial real estate service operating in 67 countries, Hamilton has earned “Anchor City” status, positioning it for significant future growth.“Hamilton is to Toronto what Milwaukee is
