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The Toronto Condo Market This Week (January 15, 2016)

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toronto condo market news piece january 15

The Chase: A couple decides between a killer downtown condo and a modest semi outside the core

After poking around on MLS for a bit, they set a budget of $500,000 and, with help from Marlene Jaegerman of Harvey Kalles, started searching for a great condo with parking and at least two bedrooms.

How a Toronto office tower gets turned into a condo

Toronto is more than accustomed to new condos – and the demolition of old buildings that often accompanies their construction.

How will RBC’s mortgage rate hike impact the Canadian housing market?

Even if Canada’s other big banks follow RBC’s recent mortgage rate increases — which came into effect today — with similar hikes of their own, it won’t have a substantial effect on the housing market, says one economist.

'Frenetic' price growth in real estate market to slow in 2016: Royal LePage

Realtor Royal LePage says it expects the national real estate market to slow this year due to eroding affordability in Toronto and Vancouver and the fallout from declining oil prices in Western Canada.