'Mounting condo inventories' could put downward pressure on Toronto's real estate market: report
8/13/2024 | Posted in Condos For Sale by Jessi Sandhu
Strained affordability amid higher borrowing costs continues to drag down Toronto’s “lethargic” housing market this summer, according to a new report by RBC ...
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GTA condo sales down 51% from 2022 levels: BILD
8/24/2023 | Posted in GTA Real Estate by Jessi Sandhu
Single-family home sales up 11% this year, but can't make up for condo sales decline, July report states. ...
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Population growth continues to drive Canadian condo market activity
10/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these ...
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Investment in Toronto residential property remains a winning prospect
9/17/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX. ...
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GTA condo apartment sales up 3.2% in the second quarter
7/29/2019 | Posted in GTA Real Estate by Jessi Sandhu
The market for condo apartments remained strong in the Greater Toronto Area in the second quarter. ...
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Condo prices continue growing the fastest in red-hot Toronto
7/12/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area according to a new report. ...
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GTA Condo Construction Hits Record High in Q1 2019
5/3/2019 | Posted in GTA Real Estate by Jessi Sandhu
A report issued yesterday by market analysis experts Urbanation shows a continued decline in Greater Toronto Area (GTA) new development launches and sales, occurring at the same ...
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1 in 10 new Toronto condos are owned by non-Canadian residents
4/16/2019 | Posted in Toronto Real Estate by Jessi Sandhu
A staggering new analysis of foreign-owned residential properties in Canada reveals that at least 10 per cent of all condos built in Toronto between 2016 and ...
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New condo sales in the GTA have slipped back to average levels
2/4/2019 | Posted in GTA Real Estate by Jessi Sandhu
Sales of newly-built condos in the Greater Toronto Area fell back to more normal levels in 2018 following the stellar performance of the previous year. ...
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GTA condo sales down 10% in Q4, rents surged says TREB
1/30/2019 | Posted in GTA Real Estate by Jessi Sandhu
Condo apartment sales in the Greater Toronto Area fell in the fourth quarter of 2018 and renters were put under greater pressure. ...
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Condo affordability propels market share (and price) to peak levels in the GTA in 2018
11/14/2018 | Posted in GTA Real Estate by Jessi Sandhu
Condo affordability is fuelling the rise of vertical growth, with resale condominium apartments and townhomes in the Greater Toronto Area (GTA) now representing almost 37 per cent ...
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New GTA condo prices up 11% despite increased supply
11/1/2018 | Posted in GTA Real Estate by Jessi Sandhu
Condo prices continue to rise in the Greater Toronto Area even as new supply eases inventory pressures. ...
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Luxury Toronto Condo Market Strong
10/26/2018 | Posted in Luxury Real Estate by Jessi Sandhu
Toronto and Vancouver condo units in the $1-2 million price range have attracted a healthy proportion of buyers over the past few years, according to the2018 RE/MAX Spotlight on ...
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Toronto Condo Rents Hit a New Record
10/11/2018 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto condo rents jump 7.6% to $2,385 per month in third quarter. ... More
Strong returns for condo investors in tight GTA market
7/13/2018 | Posted in GTA Real Estate by Jessi Sandhu
Condo investors in the Greater Toronto Area are seeing strong gains in rents according to a new report. ...
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Condo buyers will bear the brunt of Canada-U.S. trade war
7/6/2018 | Posted in New Developments by Jessi Sandhu
Canada's steel tariffs will significantly increase the prices of structural steel products. ...
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Boomers are quietly changing the condo market
5/26/2018 | Posted in Toronto Real Estate by Jessi Sandhu
Move over, millennials - boomers have become a force in Toronto’s luxury condo market ...
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Toronto report highlights soaring apartment rents
2/10/2018 | Posted in Rental Market by Jessi Sandhu
A new city report released on Friday says purpose-built apartment rent increases in 2017 soared to a 15-year high while vacancy rates sank to their lowest level in 16 years, ...
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Capacity issues revealed in GTA condo report
2/5/2018 | Posted in GTA Real Estate by Jessi Sandhu
Condo developers in Toronto are under extreme pressure to deliver more units as demand continues to escalate. ...
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No brakes on the Toronto condo price train
1/25/2018 | Posted in Toronto Real Estate by Jessi Sandhu
In its latest data release, the Toronto Real Estate Board stated that the average selling price for condominium apartments went up by 17.9% on a year-over-year basis in the fourth ...
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Fourth Quarter Housing Market Trends Seal 2017 as 'the Year of the Condo' - RLP
1/10/2018 | Posted in Canadian Housing Market by Jessi Sandhu
Dubbed the 'Year of the Condo,' owning a piece of real estate in the sky proved the smartest bet last year, according to a new report released this morning. ...
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Canadian malls add condos, apartments as retail stores shut down
12/22/2017 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian mall owners are adding condos and apartments to their shopping centers, seeking to capitalize on a supply-constrained housing market while reducing exposure to a ...
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Housing starts near 10-year high on Toronto condo boom
12/10/2017 | Posted in New Developments by Jessi Sandhu
Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, with condo building in Toronto driving the trend. ...
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Record October for new condo sales in GTA
11/25/2017 | Posted in Toronto Real Estate by Jessi Sandhu
The Building Industry and Land Development Association says the GTA's supply of newly constructed condos last month hit its highest level since it began tracking that data ...
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This has happened to GTA condos for the first time since 2015
11/1/2017 | Posted in GTA Real Estate by Jessi Sandhu
The unsold inventory of new condo units in the Greater Toronto Area has increased for the first time since the end of 2015. ...
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Toronto condo prices up 22% since last year
10/25/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Condos in Toronto were selling at 22% more in the third quarter of 2017 compared to a year earlier. ...
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Toronto's condo market is surprisingly resilient
9/22/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto’s condo boom is surprising many observers with its resilience even as prices of detached homes slump. However, recent interest rate hikes and rent control measures ...
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Future of GTA property market is up in the air
8/7/2017 | Posted in GTA Real Estate by Jessi Sandhu
Housing trends show clear evidence that the Places to Grow intensification policy introduced a decade ago has now come into full effect. ...
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GTA new condo sales set another quarterly record
8/3/2017 | Posted in GTA Real Estate by Jessi Sandhu
For the second consecutive quarter, new condo apartment sales in the Greater Toronto Area have reached a new high. ...
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New GTA condo sales shrug off Ontario Fair Housing Plan
7/26/2017 | Posted in GTA Real Estate by Jessi Sandhu
There was a surge in sales of newly built condos in the Greater Toronto Area in June. ...
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