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The Toronto Condo Market This Week (July 31, 2015)

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condo market news piece july 31

Vulnerability of Toronto housing market 'comparatively high': TD report

Toronto’s housing market faces a “comparatively high” risk of a sudden price drop, according to a TD Economics report. The report, issued Thursday, suggests the housing market in Canada’s largest city is at risk of a steep price adjustment if supply surpasses demand.

Toronto’s residential land prices reach new highs: ‘More condominiums coming’

Residential land prices reached new highs in Toronto in the second the quarter of 2015 as developers bet the housing boom will continue in Canada’s largest city, according to a new survey.

New midtown condo towers look to maximize shared spaces

Space — shared space — can be an important frontier for owners of smaller condominiums. At Pemberton Group’s Citylights on Broadway, in midtown Toronto, Wallman Architects and interior designer Elaine Cecconi, of Cecconi Simone, have gone boldly into that frontier.

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