condo market news piece september 4

The Toronto Condo Market This Week (September 4, 2015)

Baby boomers driving luxury condo sales Downsizing baby boomers are driving year-over-year gains in luxury condo sales in Toronto and Vancouver, according to a report released this week. I want to read the full article. Toronto, Vancouver housing affordability deteriorates to 'risky' levels: RBC Rising prices in Vancouver and Toronto pushed housing affordability closer to "risky [...]

condo market news piece august 28 toronto

The Toronto Condo Market This Week (August 28, 2015)

Fears of Toronto housing collapse ‘exaggerated’: Report The evidence that supply is actually returning to more balanced territory, where supply is more in line with demand, is the fact that new condo prices continue to rise, albeit moderately, and sales of resale condos hit a new record in the second quarter of this year, he [...]

toronto condo market news piece august 21

The Toronto Condo Market This Week (August 21, 2015)

CONDOS BLUR “PERFECT” VISION FOR MOTEL STRIP The condo tsunami is heading west. Construction has recently begun on the Eau De Soleil on Humber Bay, two towers of 66 and 44 storeys, the former the tallest condo tower in Canada outside of a downtown core. I want to read the full article. Runaway prices, or [...]

condo market news piece august 14

The Toronto Condo Market This Week (August 14, 2015)

Toronto housing market faces high risk of correction, CMHC warns Toronto’s housing market faces a high risk of a correction as soaring home prices have outstripped income growth even as the city is facing a rising supply of unsold condos, Canada’s federal housing agency warned. I want to read the full article. Rental Woes: Prices [...]

condo market news piece august 7

The Toronto Condo Market This Week (August 7, 2015)

Number of unsold Toronto condos starting to drop as sales of new units pick up The number of unsold condominiums across Canada’s largest city dropped 13 per cent in the second quarter from a year ago, according to research firm Urbanation Inc. I want to read the full article. Loblaw warehouse to become massive store, [...]

condo market news piece july 31

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

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. I want to read [...]

toronto condo market news piece july 24

The Toronto Condo Market This Week (July 24, 2015)

Record levels of home building in Canada raises new red flags More than a quarter of Canadian construction industry professionals told a new survey by London-based Royal Institute of Chartered Surveyors they were worried that Toronto’s housing market was at risk of a price correction because of high levels of new home construction. I want [...]

condo market news piece july 17

The Toronto Condo Market This Week (July 17, 2015)

5 Unbelievable Facts About the Toronto Real Estate Market Bulls point to low interest rates, crazy bidding wars for desirable neighborhoods, and a steady stream of new people moving to the city as proof the market is in great shape. A steadily rising price is the result of a healthy market. Here are five facts about the [...]

condo market news piece july 10

The Toronto Condo Market This Week (July 10, 2015)

CPPIB buys 60% stake in Toronto rental property, entering Canada’s multi-family real estate market The Canada Pension Plan Investment Board made its first direct investment in Canadian multi-family real estate on Monday with the purchase of a 60 per cent interest in Minto High Park Village in Toronto. I want to read the full article. [...]

toronto condo market news piece july 3

The Toronto Condo Market This Week (July 3, 2015)

New condo construction is slowing, but not for long Last year, 25,571 condo units were completed. This year, only 18,914 are projected for completion, but construction is expected to remain strong in years ahead. I want to read the full article. CIBC: Toronto condo market to face adjustment as rental demand moderates Moderating demand for [...]

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