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The Toronto Condo Market This Week – July 22, 2016

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condo market news piece july 22

TREB Releases Q2 2016 Condo and Rental Figures

The Greater Toronto area’s condominium housing market continues to show signs of strength, evidenced by today’s release of Q2 2016 market figures from the Toronto Real Estate Board (TREB).

Our new down payment tool shows just how brutal it is out there for home-buying millennials

Buying a home in some cities now requires that you save frantically for as much as a decade or more. This is the message delivered by the new Globe and Mail Down Payment Tool, which was developed by my colleagues Chris Manza, Matt Lundy and me.

When the housing market is the great equalizer after a buying blitz

Two four-bedroom houses in a subdivision east of Toronto sold within a few days of each other in June. The houses on Avondale Drive in Courtice are both built of buff-coloured brick with the doors on their two-car garages painted cranberry red.

This proposal for an 80-storey Toronto condo includes no on-site parking

Toronto’s planning department has posted documents from a new proposal for an 80-storey condo tower near Yonge and Dundas Streets, releasing previously unpublished information about the project including clues to who the developer may be.