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The Toronto Condo Market This Week (October 23, 2015)

It’s business’s turn to catch condo fever Last year when her boss retired, Tricia Tait bought the catering business where she had worked as an administrator for eight years. The company, The Lunch Mom, provides 3,500 hot lunches a week to eight midtown Toronto schools. I want to read the full article. ACCELERATING CONDO PRICES [...]

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The Toronto Condo Market This Week (October 16, 2015)

Construction of new Toronto apartments hits 25-year high There were 26 apartment buildings under construction in the Toronto area in the third quarter of the year, containing more than 6,500 rental units, according to a new report by real estate market research firm Urbanation Inc. I want to read the full article. Toronto experiencing a [...]

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The Toronto Condo Market This Week (October 9, 2015)

Condo design myths debunked What they all have in common is that they either come from a larger space or wish they were in a larger space. Here then are my top three condo design myths, debunked. I want to read the full article. Carleton U. condo fills a need As Ottawa, a city perhaps [...]

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The Toronto Condo Market This Week (October 2, 2015)

RBC predicts strong a finish for the Canadian housing market in 2015 The Canadian housing market has overcome a plunge in oil prices and a wave of new condo units flooding some regional pockets, and according to RBC’s quarterly economic update and provincial outlooks released today, it will continue to rally for the rest of [...]

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The Toronto Condo Market This Week (September 25, 2015)

Toronto condo owners outpacing TSX investors Given Toronto’s renown for condominium development, here’s an interesting finding from BMO Nesbitt Burns: Investors would have done better with condos than TSX-listed stocks over the past 15 years. I want to read the full article. New low-rise home prices decline for first time in 1.5 years in August [...]

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The Toronto Condo Market This Week (September 18, 2015)

Toronto's priciest condos are at Bloor and Avenue, real estate brokerage says An average one-bedroom condo in the area is $570,198, and an average two-bedroom is nearly $1.5 million (actually, the average price is $1,497,679 I want to read the full article. Canadian housing starts jump as condo building booms in Toronto Surprise jump in August's [...]

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The Toronto Condo Market This Week (September 11, 2015)

Condo surge pushes pace of housing starts to highest level since 2012 Builders picked up the construction pace in August, breaking ground on new condos at a breathtaking speed and pushing the annual pace of overall housing starts up to its highest level since September 2012. I want to read the full article. No sign [...]

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The Toronto Condo Market This Week (September 4, 2015)

Baby boomers driving luxury condo sales Downsizing baby boomers are driving year-over-year gains in luxury condo sales in Toronto and Vancouver, according to a report released this week. I want to read the full article. Toronto, Vancouver housing affordability deteriorates to 'risky' levels: RBC Rising prices in Vancouver and Toronto pushed housing affordability closer to "risky [...]

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The Toronto Condo Market This Week (August 28, 2015)

Fears of Toronto housing collapse ‘exaggerated’: Report The evidence that supply is actually returning to more balanced territory, where supply is more in line with demand, is the fact that new condo prices continue to rise, albeit moderately, and sales of resale condos hit a new record in the second quarter of this year, he [...]

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