Pre-sales of new low-rises in Toronto take steep dive
Preconstruction sales of new low-rise homes fell 73 per cent in the Toronto area in September compared with a year earlier as the home-building sector faces major headwinds from the region’s housing-market downturn.
Average price of a new condo in the GTA increases 36%
The Building Industry and Land Development Association (BILD) just released its new home sales figures for September 2017, announcing that new condo sales in the Greater Toronto Area (GTA) are on pace with the 10 year average.
Toronto condo signs on to 1st agreement in Canada to regulate Airbnb rentals
Buildings in a dozen U.S. cities have similar agreements with short-term vacation-rental company. Airbnb says a Toronto condo building is the first in Canada to sign an agreement with the short-term vacation rental company.
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