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.
New low-rise home prices decline for first time in 1.5 years in August
The price of a new low-rise home in the GTA saw its first monthly decline in 19 months in August, according to a report released today by the Building Industry and Land Development Association (BILD) and market research firm RealNet Canada.
Housing sales in Toronto strong in all market segments
Toronto residents continue to pay eye-popping prices to gain a toehold in their preferred patch – whether they favour a townhouse in Kensington Market or a château in the suburbs, Globe Real Estate’s exclusive fall home value survey confirms.
Metro asks developer: Why so many condos, so few rentals in Toronto?
Housing advocates say it’s up to all levels of government to create an environment where developers profit as much from apartments as they do condos.
The radical re-imagining of Yonge St.
Toronto’s once-derelict main street is in the midst of the most remarkable transformation in its history, with more than 20,000 condos that will house more than 30,000 people — the population of Orillia — under construction or in the planning stages.
