The Toronto Condo Market This Week – September 30, 2016
Is the competitive rental market pushing Torontonians out of the city?
Rising housing and rent prices and the use of services like Airbnb for short-term rentals have made renting in the city a lot tougher, according to two Torontonians who feel like they’ve been pushed out of the city they love.
Rogers family invests in $1.5-billion Mississauga condo project
Almost 60 years after Ted Rogers bought a swath of farmland in Mississauga to play host to transmitters for his radio station CHFI, the late telecom entrepreneur’s family is investing in a $1.5-billion condominium development on the property on the western downtown edge of the fast-growing city.
Why rising interest rates in the Toronto condo market are a real concern
When considering the affordability risks facing Toronto’s condo market, the big one that comes to mind is rising interest rates. Here’s why it’s a real concern.
Toronto foreign-homebuyer tax? The city’s realtors say they have a better plan
Two major real estate industry groups in Ontario are speaking out against the possibility of a tax on foreign homebuyers in the province, offering up several other measures as alternatives to improve housing affordability.