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The Toronto Condo Market This Week – January 13, 2017

Even Toronto’s condos may become too costly for first-time buyers In the Greater Toronto Area, where the average price of a detached home is well over a million dollars, condos have represented the final vestige of affordability for many first-time buyers. I want to read the full article. Toronto Surges Ahead to Lead Canadian Luxury [...]

The Toronto Condo Market This Week – January 6, 2017

Condo think-tank Urbanation gives us their 2017 predictions Condos to increase in value, foreign ownership likely to remain modest, says Pauline Lierman. I want to read the full article. 2016 record year for Toronto home sales The Toronto Real Estate Board says the GTA’s average home price soared to $730,472 last month, up 20 per [...]

The Toronto Condo Market This Week – December 16, 2016

Realtors say Canadian home prices will edge lower in 2017 Anticipating higher mortgage rates and fewer first-time buyers next year, the Canadian Real Estate Association (CREA) is adjusting its national housing market forecast for 2017. I want to read the full article. Townhomes offer solution to Toronto real-estate conumdrum Towns offer an affordable solution for [...]

The Toronto Condo Market This Week – December 9, 2016

Frenzied year in GTA housing market comes to a close Last week, a circa-1930 mansion on the edge of a North York ravine arrived on the real estate market with an asking price of $4,999,800. I want to read the full article. Builders flock to high-end rental development In the past two or three years, [...]

The Toronto Condo Market This Week – December 2, 2016

Foreign condo ownership down in Toronto? Former CMHC analyst disagrees, and here’s why The rate of foreign ownership in Toronto’s condo market hasn’t dropped this year like Canada’s national housing agency suggests, one of its former senior analysts argues. I want to read the full article. Toronto condo builders still can’t keep pace with demand [...]

The Toronto Condo Market This Week – November 25, 2016

Toronto condo builders still can’t keep pace with demand With Vancouver’s real estate market in retreat, industry pundits are wondering how long the Toronto market’s strength will persevere. I want to read the full article. Toronto Condo Inventory Disappearing Over 60% Faster Than Last Year Toronto condos logged another solid month of gains, with inventory [...]

The Toronto Condo Market This Week – November 18, 2016

Luxury Living: Toronto’s condo builders are catering to increasingly sophisticated buyers “Luxury is giving the homeowner something beyond their expectations,” says developer Sam Mizrahi, president of Mizrahi Developments, who has spent the past nine years building grand spaces for well-heeled clients. I want to read the full article. Renting a condo in the downtown core [...]

The Toronto Condo Market This Week – November 11, 2016

New condo sales in Toronto soar 73 per cent There were a total of 6,677 new condominium apartments sold across the Greater Toronto Area (GTA) during the third quarter of this year, according to Urbanation Inc.’s recently released Q3-2016 market results. That amounts to a 73 per cent increase year-over-year, allowing sales to reach the [...]

The Toronto Condo Market This Week – November 4, 2016

Buying a condo? Be aware of monthly fees and repair costs Brock Penner has heard all of the knocks against condo living: the small space, monthly maintenance fees and extra levies, neighbour noise and various rules and bylaws that don’t apply when owning a house. I want to read the full article. Toronto buyers are [...]

The Toronto Condo Market This Week – October 28, 2016

Average cost to rent a condo in Toronto goes way up The Toronto real estate market is a runaway train. But while we usually talk about detached, single family homes, it's time to turn our attention to the condo market. I want to read the full article. Local investors outnumber foreign buyers in Toronto's new [...]

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